3412 Garnet, Los Angeles, California 90023, Los Angeles, 90023 - 3 bed, 2 bath
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3412 Garnet
Los Angeles, California 90023
ACTIVE UNDER CONTRACT
CONDITION: GOOD
3Beds
2Baths
1,053Sq Ft
3,150Lot Size
Property Price
LIST PRICE$575,000
EST. MARKET VALUE
$647,928
11% BelowMARKET VALUE
SUMMARY
This 3-bedroom Single Family Residence represents a Strong Value Opportunity, listed at $575,000—positioned well below the $675,935 Fair Market Value by 14%. This valuation gap provides $100,935 in Instant Equity for the buyer. Featuring a Condition Rating of 3, the home offers a move-in ready interior with recent cosmetic updates, though it retains older mechanical systems. Its efficient layout and primary suite provide immediate functionality. This property is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking entry into the Los Angeles market.
Estimated Market Value
$647,928+$72,928 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Los Angeles.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3412 Garnet Subject 3 bd · 2 ba · 1,053 sqft · $615 | $575,000* List Price | 3 | 2 | 1,053 | $615 | - |
A 3451 Estrada Sold 3 bd · 2 ba · 1,016 sqft · $591 · 0.2 mi | $600,000 | 3 | 2 | 1,016 | $591 | 0.2 mi |
B 1109 S Dacotah Pending 2 bd · 1 ba · 784 sqft · $625 · 0.4 mi | $490,000 List Price | 2 | 1 | 784 | $625 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
Although built in 1924, the property features a recent cosmetic renovation (likely <5 years) with new laminate flooring, fresh interior paint, and updated light fixtures. It is move-in ready; however, the reliance on wall heaters instead of central HVAC suggests older mechanical systems, preventing an 'Excellent' rating.
PROSSTRENGTHS & OPPORTUNITIES
- Competitive Market Value
Priced at $575,000 for a three-bedroom home, this property represents a highly accessible entry point for first-time buyers or investors looking to enter the Los Angeles real estate market.
- Move-In Ready Condition
The home is described as charming and move-in ready, offering immediate occupancy without the need for significant upfront renovation costs or immediate repairs.
- Primary Suite Convenience
The inclusion of a primary bedroom with its own dedicated bathroom is a significant advantage for a home of this era, providing modern privacy and functionality.
CONSRISKS & DEFICIENCIES
- Limited Lot Size
The 3,150 square foot lot is relatively small, which restricts outdoor recreational space and limits the potential for future structural expansions or ADU additions.
- Compact Living Space
With only 1,053 square feet distributed across three bedrooms, the interior layout may feel cramped for larger families or those requiring spacious common areas.
About 3412 Garnet
Charming and move-in ready, this 3-bedroom, 1.5-bath home offers 1,053 square feet of comfortable living space in a convenient Los Angeles location. The layout provides easy flow between the living and dining areas, with an in-kitchen laundry area and easy access to the side yard. The well-appointed primary bedroom features its own bathroom. Outside, a carport provides covered parking, while the additional shed offers extra storage or workshop potential. Don't miss this opportunity to own this Boyle Heights home!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1924
- Lot Size
- 3,150 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,053 | 1,670.836 |
| Lot Size | 3,150 | 6,152.156 |
| Price | $575.0K | $1.34M |
| Price per sq ft | $546 | $807 |
| Built year | 1924 | 1941 |
| HOA | $0 | $238 |
| Days on market | 39 | 56 |
Pricing History
Listed for Sale
Oct 1, 2026
$575,000
Initial Listing