8820 Beach, Los Angeles, California 90002, Los Angeles, 90002 - 0 bed, 0 bath
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Los Angeles, California 90002
This Spacious Residential Income Duplex presents a High-Potential Investment Opportunity with a List Price of $700,000—positioned well below the $886,659 Fair Market Value by 21%. This significant valuation gap provides $186,659 in Instant Equity for buyers prepared to address the property's Fair Condition Rating. Featuring two units over 1,000 sqft each and parking for four vehicles, the asset offers substantial rental upside through strategic "TLC" renovations. Its proximity to the Metro station ensures consistent tenant demand, making it an ideal acquisition for Buy-and-Hold Investors or Fix-and-Flip Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 8820 Beach Subject | $700,000* List Price | 0 | 0 | 2,636 | $336 | - |
A 9014 S Fir Avenue Sold | $880,000 | 0 | 0 | 3,148 | $280 | 0.8 mi |
B 829 E Century Active | $599,900 List Price | 0 | 0 | 2,355 | $255 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1997, the property is approximately 27 years old and is described by the agent as needing 'TLC,' which typically indicates a need for cosmetic updates and minor repairs. While interior photos are unavailable to assess the kitchen and bathrooms, the exterior images show cracked driveway concrete and aged finishes consistent with a property that has been maintained but not significantly renovated since its original construction.
With each unit exceeding 1,000 sqft and a total living area of 2,636 sqft, this duplex offers generous proportions that are highly attractive for both long-term tenants and owner-occupants.
The property accommodates up to four cars plus additional off-street parking, addressing a critical demand in Los Angeles and significantly increasing the asset's functional value.
Located near a Metro station with freeway access just 10 minutes away, the property is perfectly positioned for commuters, ensuring high desirability and low vacancy rates.
The property is identified as needing 'TLC,' suggesting that the buyer will need to budget for immediate repairs and cosmetic renovations to realize its full market potential.
The listing indicates no specific views, which may limit the property's competitive edge compared to other local investments that offer more aesthetic or architectural appeal.
SPACIOUS DUPLEX WITH EACH UNIT OVER 1000 SQFT OF LIVING SPACE. IN NEED OF SOME TLC FOR THE EAGER BUYER WILLING TO CAPITALIZE ON THIS PROPERTY. IT HAS PARKING SPACE FOR UP TO 4 CARS AND OFF-STREET PARKING AS WELL. LOCATED NEAR METRO STATION, PARKS, AND SHOPPING. FREEWAY ACCESS ABOUT 10 MINUTES AWAY.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 0.0 | 50% |
| Baths | 0.0 | 0.0 | 50% |
| Square foot | 2,636 | 2,468 | 50% |
| Lot Size | 6,335 | 4,853.5 | 64% |
| Price | $700.0K | $943.0K | 36% |
| Price per sq ft | $266 | $348 | 14% |
| Built year | 1997 | 1975 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 80 | 213 | 7% |
Mar 18, 2026
$700,000
Initial Listing
May 7, 1998
$195,000
Public Record