8627 John Avenue, Los Angeles, California 90002, Los Angeles, 90002 - bed, bath

8627 John Avenue, Los Angeles, California 90002 home-pic-0
ACTIVE$949,999
8627 John Avenue, Los Angeles, California 90002
0Bed
0Bath
2,210Sqft
5,152Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Income Potential: The property features a duplex with a new construction ADU, offering significant rental income potential.
Top Cons:
Year Built: Built in 1928, the original structure may have outdated systems or require ongoing maintenance.

Compared to the nearby listings

Price:$950.0K vs avg $845.0K (+$104,999)83%
Size:2,210 sqft vs avg 2,108 sqft50%
Price/sqft:$430 vs avg $36675%

More Insights

Built in 1928 (97 years old).
Condition: The property consists of a remodeled front house and a new construction ADU. The front house, while remodeled, retains some of its original 1928 character. The kitchen and bathrooms in the front house appear updated with modern fixtures and finishes. The ADU is new construction. Overall, the property is in good condition, move-in ready, but not brand new.
Year Built
1928
Close
-
List price
$950K
Original List price
$950K
Price/Sqft
$430
HOA
-
Days on market
-
Sold On
-
MLS number
SR25155652
Home ConditionGood
Features
View-

About this home

Beautifully Remodeled Duplex with New Construction ADU – Ideal for Investors or Multi-Generational Living Welcome to 8627 John Ave – a rare opportunity to own two fully independent units on one lot! The front home has been tastefully remodeled and features 3 spacious bedrooms and 2 modern bathrooms, offering comfortable and stylish living. The brand-new, two-story ADU at the rear of the property boasts 4 bedrooms and 3 bathrooms, designed with contemporary finishes and attention to detail. All permits have been finalized and the Certificate of Occupancy is pending. Each unit includes its own private laundry room and is separately metered for utilities, offering maximum flexibility and potential rental income. A long driveway leads to a detached 2-car garage at the back of the lot, providing ample parking and additional storage. Whether you're looking for a great investment or the perfect setup for extended family, this property has it all. Don’t miss out on this incredible opportunity!

Price History

Date
Event
Price
10/20/23
Sold
$934,000
08/21/15
Sold
$267,000
Condition Rating
Good

The property consists of a remodeled front house and a new construction ADU. The front house, while remodeled, retains some of its original 1928 character. The kitchen and bathrooms in the front house appear updated with modern fixtures and finishes. The ADU is new construction. Overall, the property is in good condition, move-in ready, but not brand new.
Pros & Cons

Pros

Income Potential: The property features a duplex with a new construction ADU, offering significant rental income potential.
New Construction ADU: The brand-new, two-story ADU adds considerable value and modern living space to the property.
Remodeled Front Home: The front home has been tastefully remodeled, providing a move-in ready living space.
Separate Metering: Each unit is separately metered for utilities, simplifying management and tenant billing.
Parking: A long driveway leads to a detached 2-car garage, providing ample parking and storage.

Cons

Year Built: Built in 1928, the original structure may have outdated systems or require ongoing maintenance.
Pending Certificate of Occupancy: The ADU's Certificate of Occupancy is pending, which could delay immediate rental income.
Lot Size: The lot size of 5,152 sqft is relatively small, potentially limiting outdoor space or future expansion.

Best solution for experienced home buyers!

Data-driven home buying experience with our licensed real estate agents and cutting-edge AI

Browse Properties by State Browse housing market trends by state