3417 4th Avenue, Los Angeles, California 90018, Los Angeles, 90018 - 3 bed, 2 bath
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Los Angeles, California 90018
This Value-Add Craftsman Duplex is listed at $789,000, positioned accurately at its $789,000 Fair Market Value. Following a substantial price correction from the original $950,000, the asset offers a stabilized entry point into the high-demand Jefferson Park rental corridor. With a Condition Rating of 4, the property features a 3-bedroom front unit and a 1-bedroom rear unit, providing excellent potential for forced appreciation through modernization. Located two miles from USC and near the Foshay Learning Center, it ensures strong tenant appeal. This is a strategic acquisition for Buy-and-Hold Investors or Owner-Occupants.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3417 4th Avenue Subject | $789,000* List Price | 3 | 2 | 2,422 | $326 | - |
A 3734 S Harvard Boulevard Sold | $780,000 | 0 | 0 | 2,498 | $312 | 1.0 mi |
B 1723 W 35th Place Pending | $799,000 List Price | 0 | 0 | 2,386 | $335 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1923, this Craftsman duplex retains its original architectural character but shows significant signs of age and deferred modernization. The kitchen and bathrooms feature dated tile work, older cabinetry, and basic appliances. While the property appears maintained and functional, the flooring, light fixtures, and wall-mounted heating units are outdated, and the home has not undergone a comprehensive renovation within the last 15-30 years.
As a classic Craftsman duplex with a 3-bedroom front unit and a 1-bedroom rear unit, this property offers excellent versatility for house-hacking or dual-stream rental income.
Situated in Jefferson Park just two miles from the USC campus, the property is ideally positioned to attract student renters and professionals seeking proximity to downtown Los Angeles.
Built in 1923, the home retains its timeless Craftsman allure with original built-in shelving and intricate detailing, providing a unique aesthetic that appeals to vintage enthusiasts.
The rear unit is currently tenant-occupied, which may complicate immediate owner-occupancy plans or renovations due to Los Angeles's strict rent stabilization ordinances.
The significant price reduction from an original $950,000 to $789,000 suggests a challenging sales history that may indicate underlying condition issues or previous overvaluation.
Welcome to this classic Craftsman-style duplex located in Jefferson Park, Los Angeles, just two miles from the USC Campus. This property retains the timeless allure of Craftsman architecture. The front unit is a 3-bedroom dwelling, featuring built-in shelving and intricate detailing throughout. The rear unit, currently tenant-occupied, is a 1-bedroom retreat, suitable for use as a rental unit, guest quarters, or a home office. Conveniently located near various restaurants and cafes, this duplex provides easy access to a diverse range of culinary options. The property also offers yard space, suitable for a small garden or enjoying the fresh air. With its proximity to USC Campus, public transportation, and local amenities, this Craftsman duplex provides a wonderful opportunity to experience the best of Los Angeles living. Schedule a showing today and discover the enduring appeal of this Jefferson Park gem.
No exterior & parking available.
Grades K-5 • 0.1 mi
Grades K-5 • 0.6 mi
Grades K-5 • 0.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 0.0 | 69% |
| Baths | 2.0 | 0.0 | 69% |
| Square foot | 2,422 | 2,508 | 38% |
| Lot Size | 5,615 | 6,277.5 | 13% |
| Price | $789.0K | $870.0K | 50% |
| Price per sq ft | $326 | $419 | 31% |
| Built year | 1923 | 1923 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 417 | 253 | 75% |
Feb 21, 2026
$789,000
$809,000
-2% Price Drop
Initial Listing
Jan 9, 2026
$809,000
$829,000
-2% Price Drop
Initial Listing
Oct 12, 2025
$829,000
$850,000
-2% Price Drop
Initial Listing
Aug 22, 2025
$850,000
$889,000
-4% Price Drop
Initial Listing
Aug 16, 2025
$889,000
Initial Listing
Mar 1, 2025
$950,000
Initial Listing