8624 Graham Avenue, Los Angeles, California 90002, Los Angeles, 90002 - bed, bath
ACTIVE$974,900
8624 Graham Avenue, Los Angeles, California 90002
0Bed
0Bath
3,000Sqft
3,400Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
New Construction & Modern Design: Built in 2025, this is a brand new, modern 2-story duplex, offering contemporary aesthetics and up-to-date building standards.
Top Cons:
Inconsistent Sales History: The property's sales history shows highly contradictory figures ($2.25M followed by $585k within a year), which could indicate data errors or significant undisclosed issues, raising concerns about valuation and market stability.
Compared to the nearby listings
Price:$974.9K vs avg $845.0K (+$129,900)83%
Size:3,000 sqft vs avg 2,153 sqft75%
Price/sqft:$325 vs avg $35217%
More Insights
Built in 2025 (0 years old).
Condition: This property is brand new construction, built in 2025, as explicitly stated in the description. The images confirm a modern aesthetic throughout, featuring a contemporary kitchen with white shaker cabinets, light countertops, stainless steel appliances, and a large island. Bathrooms are equally modern with new vanities, contemporary fixtures, and tiled showers/tubs. The property boasts new laminate flooring, fresh carpet, recessed lighting, new AC/mini splits, and even paid-off solar panels, indicating top-tier, current quality standards with no deferred maintenance.
Year Built
2025
Close
-
List price
$975K
Original List price
$97K
Price/Sqft
$325
HOA
-
Days on market
-
Sold On
-
MLS number
DW25250345
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 brand new construction, built in 2025, as explicitly stated in the description. The images confirm a modern aesthetic throughout, featuring a contemporary kitchen with white shaker cabinets, light countertops, stainless steel appliances, and a large island. Bathrooms are equally modern with new vanities, contemporary fixtures, and tiled showers/tubs. The property boasts new laminate flooring, fresh carpet, recessed lighting, new AC/mini splits, and even paid-off solar panels, indicating top-tier, current quality standards with no deferred maintenance.
Pros & Cons
Pros
New Construction & Modern Design: Built in 2025, this is a brand new, modern 2-story duplex, offering contemporary aesthetics and up-to-date building standards.
High Income & Investment Potential: Advertised with an amazing 10% CAP return and potential rental income of $4,500 per unit per month, positioning it as a strong income-generating asset.
Energy Efficiency: Equipped with paid-off solar panels, significantly reducing electricity costs and enhancing the property's long-term value and appeal.
Premium Unit Features: Each unit boasts 4 spacious bedrooms, 3 baths, 2 master suites, inside laundry, laminated floors throughout, AC/mini splits, and built-in appliances, ensuring comfort and convenience.
Excellent Location & Accessibility: Situated on the borderline of South Gate, within walking distance to a Metro station, and just 20 minutes from major hubs like LAX, SoFi Stadium, and Downtown Los Angeles.
Cons
Inconsistent Sales History: The property's sales history shows highly contradictory figures ($2.25M followed by $585k within a year), which could indicate data errors or significant undisclosed issues, raising concerns about valuation and market stability.
Small Lot Size: With a lot size of 3400 sqft for a duplex, the outdoor space is relatively limited, which might be a drawback for buyers or tenants seeking larger yards or more expansive outdoor living areas.
Future Completion/Pre-Sale Status: The 'year built' (2025) and 'on market date' (2025-10-30) indicate this is a future listing or pre-sale, implying a waiting period for occupancy and potential risks associated with construction delays or changes.