9715 - 9717 Wilmington Avenue, Los Angeles, California 90002, Los Angeles, 90002 - 0 bed, 0 bath
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Los Angeles, California 90002
This Modern Residential Income Duplex is a high-utility asset listed at $888,000, matching its $888,000 Fair Market Value. Constructed in 2006, the building holds a Good Condition Rating and features two spacious 4-bedroom, 2-bathroom units currently occupied by long-term Section 8 tenants, ensuring a stable, guaranteed income stream. Its prime location minutes from Downtown Los Angeles and major Metro transportation hubs drives consistent rental demand and long-term appreciation. This turnkey property is perfectly suited for Buy-and-Hold Investors or Owner-Occupants looking for a reliable, low-maintenance addition to their portfolio.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 9715 - 9717 Wilmington Avenue Subject | $888,000* List Price | 0 | 0 | 3,040 | $292 | - |
A 9815 Holmes Avenue 2 Sold | $692,000 | 0 | 0 | 2,760 | $251 | 0.1 mi |
B 8624 Graham Avenue Sold | $1,000,000 | 0 | 0 | 3,000 | $333 | 0.8 mi |
C 8618 Graham Sold | $1,018,000 | 0 | 0 | 3,000 | $339 | 0.8 mi |
D 8618 Graham Sold | $1,018,000 | 0 | 0 | 3,000 | $339 | 0.8 mi |
E 1535 E 91st Street Sold | $820,000 | 5 | 3 | 2,294 | $357 | 0.6 mi |
F 9536 Bandera Street Sold | $995,000 | 0 | 0 | 0 | 0.1 mi | |
G 9543 Bandera Street Active | $1,098,000 List Price | 0 | 0 | 3,847 | $285 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property was built in 2006, making it 18 years old, which falls within the 'Good' condition category (built within 10 to 20 years). The description indicates it's an income-generating duplex with long-term tenants, suggesting it is functional and move-in ready without immediate major renovations. While no interior images are provided to assess kitchen, bathroom, flooring, or appliance conditions, the exterior appears well-maintained for its age. The lack of interior photos prevents a higher score, but the age and current occupancy status support a 'Good' rating for overall functionality and habitability.
This duplex is explicitly marketed as a 'Great investment opportunity' with a 'stable income stream,' making it highly attractive to investors seeking consistent returns.
Built in 2006, the property is relatively new compared to much of Los Angeles' housing stock, suggesting fewer immediate maintenance issues and adherence to modern building codes.
Both units are occupied by long-term Section 8 tenants, providing a stable and reliable income stream with guaranteed rent payments.
While providing stable income, Section 8 tenancy can involve specific regulations, inspections, and tenant management requirements that differ from market-rate rentals, potentially requiring specialized landlord experience.
The owner is responsible for water and trash utilities, which can add to operational costs and reduce net income, as not all utilities are passed through to tenants.
With a lot size of 3,686 sqft for a 3,040 sqft duplex, there is minimal outdoor space or potential for future expansion, which might be a drawback for some buyers or tenants seeking larger yards.
Great investment opportunity duplex in the Los Angeles. The feature is a 2-story building over 3,040 sqft built 2006. Downstair units and upstair unit has 4b2b. both units are occupied by long-term tenants, stable income stream in housing section 8. Just minutes to LA Downtown, shopping centers, transportation, freeway and Metro. Tenants are responsible for all utilities except for water and trash.
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 | 3,040 | 2,530 | 86% |
| Lot Size | 3,686 | 4,479 | 43% |
| Price | $888.0K | $943.0K | 43% |
| Price per sq ft | $292 | $348 | 14% |
| Built year | 2006 | 1978 | 57% |
| HOA | $0 | $0 | 50% |
| Days on market | 669 | 217 | 0% |
Aug 28, 2025
$888,000
Initial Listing
Aug 6, 2024
$925,000
Initial Listing