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Two-Home Residential Income Property
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8968 Wonderland Ave, Los Angeles, CA 90046

Two custom-built homes on one lot, each updated and set up for rental or flexible live/work use.

Property SizeContact for details
Days on Market121

Property Features for 8968 Wonderland Ave

General Information

Standard status Active
Property subtype Multifamily

Additional Details

Multifamily Units 2
Listing Agency: Agency 8 Real Estate Group
Listed By: Nicholas Nasser · License #CA 02152274
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Jul 21 at 7:01AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Agency 8 Real Estate Group

Investment Insights

Based on property information with market context.

This residential income property features two custom-built homes on a single lot, offering updated interiors with fresh paint and included appliances. The front home includes 2 bedrooms and 2 bathrooms, an attached two-car garage, and a parking pad. Inside, the primary suite includes a fireplace and vaulted ceilings, and the second bedroom opens to a deck overlooking an open courtyard that connects the two homes. A laundry room is attached to the garage and leads to a private backyard.

The second home is loft-style with 1 bedroom and 1.5 bathrooms, high ceilings, an open floor plan, and upgraded kitchen and bath. French doors add additional access and light to the living area. Located in the Hollywood Hills near the Sunset Strip and the San Fernando Valley, the property is also within the Wonderland School District.

Overall, the configuration provides two separate residences under one ownership, with shared courtyard connection between the homes while each home maintains its own outdoor space including the deck and private backyard access.

Key Highlights

  • Two custom‑built homes on one lot, updated for move‑in readiness and flexible use for rental or live/work.
  • Front home: 2 bed / 2 bath with attached 2‑car garage and parking pad, plus a primary suite with canyon view.
  • Front home highlights include a fireplace, vaulted ceilings, and a second bedroom with access to a deck overlooking the open courtyard.

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Spa & Massage Center Pharmacy HVAC Service Kitchen & Bath Showroom Building Supply

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

205
Businesses Nearby

Demographics for 90046, CA

49,987
Population
31,929
Households
1.6
Avg Household Size
39
Median Age
63%
College-Educated
95%
High-School Grad
5.7 sq mi
ZIP Area
8,770
Density / Sq Mi
$94,259
Median Household Income
$65,607
Median Earnings
$2,204
Median Rent
$1,411,500
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Two custom-built homes on one lot, each updated and set up for rental or flexible live/work use.
Where is this duplex located?
The property is located at 8968 Wonderland Ave Los Angeles, CA.
What are key features of this property?
This property features: Two custom‑built homes on one lot, updated for move‑in readiness and flexible use for rental or live/work.; Front home: 2 bed / 2 bath with attached 2‑car garage and parking pad, plus a primary suite with canyon view.; Front home highlights include a fireplace, vaulted ceilings, and a second bedroom with access to a deck overlooking the open courtyard.
More about this property
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