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$910,000
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Property 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.
Full Property Details
Full Property Details for 8617 Ivy St
General
- Sold For: $910,000
- Status: Closed
- Type: Multi-Family
- Source: MRMLS
- MLS ID: MB26135921
- Added to Site: 114 day(s) ago
Rooms
Other Rooms
- Laundry: Washer Hookup, See Remarks
Additional Information
- Pool Description: None
Parking
- Garage Spaces: 2
Location
- Area: 699 - Not Defined
- County: Los Angeles
- Development Name: 699 - Not Defined
- Driving Directions: Turn left onto Firestone Blvd
Utilities
- Sewer: Public Sewer
- Water: Public
- # Water Meters: 2
- # Gas Meters: 2
- # Electric Meters: 2
Structural Information
- Entry Location: Driveway
- Square Feet: 1,909
- Year Built: 1942
Unit Information
Unit 1
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 3
Unit 2
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 2
Lot Features
- Lot Size (Acres): 0.1604
- Lot Size Source: Assessor
- Lot Description: 2-5 Units/Acre, Front Yard, Back Yard
Financial Considerations
- Price Per Sq. Ft.: $476.69
- Price Per Unit: 415000
Listed by Century 21 Realty Masters, Anabella Jimenez
Sold by Keller Williams Realty, Erick Claudio
Get Pre-Approved Today
Schools
Schools serving 8617 Ivy St
School District:Los Angeles Unified School District
| Name | Grades | Distance |
|---|---|---|
Graham Elementary School 8407 South Fir Avenue, Los Angeles, CA 90001 | K-6 | 0.3 mi |
Charles Drew Middle School 8511 Compton Avenue, Los Angeles, CA 90001 | 7-8 | 0.8 mi |
Jordan High School, Los Angeles, CA 2265 East 103rd Street, Los Angeles, CA 90002 | 9-12 | 1 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 8617 Ivy St
Date
Details
Price
Change
Source
8/28/2026
Sold
$910,000
9.64%
MLS
6/24/2026
Listed
$829,999
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
8617 Ivy Street, Los Angeles, CA 90002 (MLS# MB26135921) is a Multi-Family property that was sold at $910,000 on August 28, 2026. Want to learn more about 8617 Ivy Street? Do you have questions about finding other Multi-Family real estate for sale in Los Angeles? You can browse all Los Angeles real estate or contact a Coldwell Banker agent to request more information.

