9715 - 9717 Wilmington Avenue, Los Angeles, California 90002, Los Angeles, 90002 - bed, bath
ACTIVE$888,000
9715 - 9717 Wilmington Avenue, Los Angeles, California 90002
0Bed
0Bath
3,040Sqft
3,686Lot
Year Built
2006
Close
-
List price
$888K
Original List price
$925K
Price/Sqft
$292
HOA
-
Days on market
-
Sold On
-
MLS number
WS24161659
Home ConditionGood
Features
View-
About this home
We found 3 Cons,5 Pros. Rank: price - $888.0K(75th), sqft - 3040(83th), beds - undefined(50th), baths - undefined(50th).
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.
Price History
Date
Event
Price
08/28/25
Price Change
$888,000
08/06/24
Listing
$925,000
Condition Rating
Good
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.
Pros & Cons
Pros
Strong Investment Opportunity: This duplex is explicitly marketed as a 'Great investment opportunity' with a 'stable income stream,' making it highly attractive to investors seeking consistent returns.
Modern Construction: 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.
Guaranteed Rental Income: Both units are occupied by long-term Section 8 tenants, providing a stable and reliable income stream with guaranteed rent payments.
Spacious Duplex Units: Each of the two units features a desirable 4-bedroom, 2-bathroom configuration, offering ample living space and strong rental appeal for larger families.
Excellent Location & Accessibility: The property boasts a prime location just minutes from Downtown LA, shopping centers, and major transportation hubs including freeways and Metro, enhancing tenant desirability and future appreciation.
Cons
Section 8 Management Nuances: 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.
Partial Owner Utility Responsibility: 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.
Limited Lot Size: 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.