8624 Graham Avenue, Los Angeles, California 90002, Los Angeles, 90002 - bed, bath
ACTIVE$999,999
8624 Graham Avenue, Los Angeles, California 90002
0Bed
0Bath
3,000Sqft
3,400Lot
Price Vs. Estimate
The estimated value ($1,011,999.6) is $12,000.6 (1%) lower than the list price ($999,999). This property may be overpriced.
Key pros and cons
Top Pros:
New Construction & Modern Amenities: Built in 2025, this modern 2-story duplex features 4 spacious bedrooms and 3 baths per unit, including 2 master suites, inside laundry, laminated floors, AC/mini splits, and built-in appliances, offering contemporary living.
Top Cons:
Compact Lot Size: The 3,400 sqft lot size for a duplex is relatively small, potentially limiting outdoor living space or future expansion opportunities.
Compared to the nearby listings
Price:$1000.0K vs avg $845.0K (+$154,999)83%
Size:3,000 sqft vs avg 2,153 sqft75%
Price/sqft:$333 vs avg $35225%
More Insights
Built in 2025 (0 years old).
Condition: This property is explicitly listed as 'NEW CONSTRUCTION' with a build year of 2025. The images confirm a brand new, modern aesthetic throughout, featuring new white shaker cabinets, contemporary appliances (including a unique teal range), modern black fixtures, recessed lighting, and laminate flooring in the kitchen and living areas. Bathrooms are also new with modern vanities, black fixtures, and stylish tiled showers. All components appear new, meeting current quality standards with no deferred maintenance.
Year Built
2025
Close
-
List price
$1,000K
Original List price
$1,000K
Price/Sqft
$333
HOA
-
Days on market
-
Sold On
-
MLS number
DW25224276
Home ConditionExcellent
Features
View-
About this home
NEW CONSTRUCTION!!!! NEW MODERN 2 STORY DUPLEX . AMAZING 10 % CAP RETURN IF YOU RENT BOTH UNITS... EACH UNIT COMES WITH 4 SPACIOUS BEDROOMS AND 3 BATHS. 2 MASTER SUITES, INSIDE LAUNDRY, LAMINATED FLOORS THRU OUT, AC/MINI SPLITS, ALL ELECTRICAL UNITS, BUILT IN APPLIANCES. PAID OFF SOLAR PANELS TO HELP FOR THAT ELECTRICITY BILL. THESE UNITS HAVE A POTENTIAL TO BE BREAD AND BUTTTER WITH EXTRA MONTHLY INCOME AS EACH UNIT CAN BE RENTED FOR $ 4,500 A MONTH. GREAT LOCATION, BORDER LINE SOUTH GATE, WALKING DISTANCE TO METRO STATION. 20 MINUTES FROM LAX, SOFI STADIUM AND DOWNTOWN!.......FHA READY , SUBMIT ALL OFFERS
Price History
Date
Event
Price
12/29/23
Sold
$585,000
03/31/23
Sold
$2,250,000
Condition Rating
Excellent
This property is explicitly listed as 'NEW CONSTRUCTION' with a build year of 2025. The images confirm a brand new, modern aesthetic throughout, featuring new white shaker cabinets, contemporary appliances (including a unique teal range), modern black fixtures, recessed lighting, and laminate flooring in the kitchen and living areas. Bathrooms are also new with modern vanities, black fixtures, and stylish tiled showers. All components appear new, meeting current quality standards with no deferred maintenance.
Pros & Cons
Pros
New Construction & Modern Amenities: Built in 2025, this modern 2-story duplex features 4 spacious bedrooms and 3 baths per unit, including 2 master suites, inside laundry, laminated floors, AC/mini splits, and built-in appliances, offering contemporary living.
Exceptional Investment Potential: The property boasts an amazing 10% cap return, with each unit capable of renting for $4,500 a month, making it a high-yield 'bread and butter' income property.
Energy Efficiency & Cost Savings: Equipped with paid-off solar panels, the property significantly reduces electricity bills, enhancing profitability and environmental appeal for tenants or owners.
Strategic Location & Accessibility: Located on the border of South Gate, it offers walking distance to a Metro station and is just 20 minutes from LAX, SoFi Stadium, and Downtown LA, ensuring high tenant demand and convenience.
FHA Ready Financing: The property's FHA-ready status broadens the pool of potential buyers/investors by offering more accessible financing options.
Cons
Compact Lot Size: The 3,400 sqft lot size for a duplex is relatively small, potentially limiting outdoor living space or future expansion opportunities.
High-Density Urban Environment: Situated in a bustling Los Angeles area near South Gate, the property is in a high-density urban environment, which may not appeal to those seeking more spacious or quieter surroundings.
Potential for Noise & Traffic: Proximity to a Metro station, LAX, SoFi Stadium, and Downtown suggests a likelihood of increased noise levels and traffic congestion in the immediate vicinity.