8617 Ivy Street,Los Angeles, CA 90002
Los Angeles, CA 90002
Description
**Rare 2-Unit Income Property in Los Angeles!** Welcome to 8617 Ivy Street, a versatile and well-maintained multi-unit opportunity ideal for an owner-occupant, multigenerational household, or investor seeking rental-income potential. The property consists of a spacious front UNIT#8617 **3-bedroom, 1-bath residence**, a separate second Unit #8619 **2-bedroom, 1-bath unit**, PLUS 2 detached 2-car garages** (1 garage has been converted, but can be converted back into 2-car garage) The front residence showcases a bright, comfortable living room with recessed lighting, tiled flooring, and an open pass-through to the kitchen. The kitchen offers abundant wood cabinetry, granite countertops, tiled floors, and direct connection to the dining area. The primary bathroom has been remodeled with a contemporary vanity, illuminated mirror, updated flooring, and a tub/shower surround with modern marble-style tile and dark fixtures. The second unit offers additional functional living space with its own kitchen and bathroom areas, making it well suited for extended family, tenants, or rental income. The detached studio ADU provides an added layer of flexibility for guests, family members, home office use, or supplemental rental potential. Outside, the property features a gated and private front yard with attractive brick hardscape, mature shade trees, landscaped planter areas, and a charming outdoor sitting space. The front home includes a covered porch with brick detailing, while the long driveway, rear garage, and gated access provide valuable parking and access options. The detached garage area and rear configuration offer additional convenience for residents. Notable improvements include a **new roof installed in 2024**, **newer copper plumbing**, and **select remodeled areas throughout the property**. Conveniently located near local schools, shopping, dining, public transportation, and major commuter routes. A strong opportunity to own a flexible Los Angeles multi-unit property with space, privacy, parking, and multiple possibilities for owner occupancy or investment income.
Details
| MLS # | MB26135921 |
|---|---|
| Listing Type | For Sale |
| Style | Duplex |
| Sub-Type | Resale |
| Status | Pending |
| Year | 1942 |
| Days On Site | 61 |
| Listing Provided By | CENTURY 21 REALTY MASTERS | Anabella Jimenez |
Features
| SQ Feet | 1,909 |
|---|---|
| Garage | 2 |
| Story(s) | 1 |
| Units | 2 |
| Building(s) | 2 |
| Acreage | 0.16 |
Exterior
| Lot Features | Two To Five Units Acre, Back Yard, Front Yard |
|---|
Parking
| Garage Yes / No | Yes |
|---|
Utilities
| Sewer | Public Sewer |
|---|
Location
| Community Features | Street Lights, Sidewalks |
|---|
Area Information
| State | CA |
|---|---|
| County | Los Angeles |
| City | Los Angeles |
| Zip Code | 90002 |
| Area | 699 Not Defined |
| Listing VS Median (in 90002) | |
Price: $829,999 low | high Med: $900,000 sqft: 1,909 low | high Med: 2,551 $ / sqft: $435 low | high Med: $353 On site: 61 low | high Med: 268 | |
Market Activity 90002
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Learn More About This Property
| State | CA |
|---|---|
| County | Los Angeles |
| City | Los Angeles |
| Zip Code | 90002 |
| Area | 699 Not Defined |
| Listing VS Median (in 90002) | |
Price: $829,999 low | high Med: $900,000 sqft: 1,909 low | high Med: 2,551 $ / sqft: $435 low | high Med: $353 On site: 61 low | high Med: 268 | |
