5753 8th, Los Angeles, CA 90043

$1,075,000

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List Price
$1,075,000
Status
ACTIVE
MLS#
OC26166998
Year Built
2016
Lot Size
5,988
Acres
0.14
Lot Location
Level, Rectangular Lot
Days on Market
0
Property Type
Multifamily
Property Sub Type
Duplex
Stories
Two Levels

Property Description

Turnkey Non-RSO Duplex, 10 Bedrooms, Strong Cash Flow, Value-Add Opportunity. Exceptional investment opportunity in the heart of Los Angeles! This newer construction duplex, built in 2016, offers two spacious 5-bedroom, 3-bathroom residences totaling 3,509 square feet. Unlike many income properties in the area, this asset is not subject to the Los Angeles Rent Stabilization Ordinance (RSO), providing investors with greater flexibility for future rental increases. Each thoughtfully designed unit features modern finishes, updated kitchens and bathrooms, open-concept living and dining areas, and the convenience of in-unit laundry-an amenity that consistently attracts long-term tenants. A detached 3-car garage serves as great ADU Potential, plus additional driveway parking offers added value for both tenants and owner living. The property presents significant upside with current rents below market, offering the potential to increase gross annual income as units turn over or rent increases are eligible. Investors will also appreciate the potential to further enhance returns by adding an Accessory Dwelling Unit (ADU) in the spacious rear yard, subject to buyer verification. Ideally situated just minutes from SoFi Stadium, LAX, Downtown Los Angeles, Culver City, Santa Monica, and Beverly Hills, the property benefits from strong tenant demand driven by proximity to major employment centers, entertainment destinations, and transportation corridors. Whether you're seeking a high-performing investment, a house-hacking opportunity, or a property with long-term appreciation and income growth potential, this turnkey duplex checks every box. Rarely do newer construction, non-RSO properties with this combination of size, income potential, and future upside become available.

Additional Information

Pool Description
None
Garage Spaces Total
3
Sewer
Public Sewer
Water
Public
Attached Structure
Attached
Number Of Units Total
2
Gross Scheduled Income
$79,704
Operating Expense
9335

Listing courtesy of Listing Agent: Christopher Audish (Chris.Audish@HCMRealEstate.com) from Listing Office: HCM Real Estate.

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Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.