
Los Angeles, California 90065
This property presents a High-Potential Investment Opportunity with a List Price of $839,000—positioned well below the $865,795 Fair Market Value by 3%. This valuation gap offers $26,795 in Instant Equity for buyers. Featuring a Fair Condition Rating with a modern kitchen, the home offers significant upside for value-add renovations. Its strategic location near major hubs and spacious 1,850 sqft footprint make this a compelling acquisition for Buy-and-Hold Investors or Owner-Occupants seeking to build long-term equity.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3428 Fletcher Drive Subject | $839,000* List Price | 3 | 3 | 1,850 | $468 | - |
A 3857 Sunbeam Drive Sold | $850,000 | 3 | 2 | 1,659 | $512 | 0.7 mi |
B 2852 W Avenue 34 Pending | $995,000 List Price | 4 | 3 | 2,016 | $494 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While built in 1927, the interior shows a kitchen renovation likely performed within the last 10-15 years, featuring granite countertops, recessed lighting, and stainless steel appliances. The home appears functional and move-in ready, though the bathroom and exterior show some age-related wear consistent with a well-maintained older property.
Situated in the heart of Glassell Park, the property offers exceptional proximity to trendy neighborhoods like Atwater Village, Silver Lake, and Highland Park, providing high lifestyle appeal and strong resale potential.
With approximately 1,850 square feet of living space and a desirable 3-bedroom, 3-bathroom configuration, this home offers a larger footprint than many comparable vintage properties in the area.
The versatile floor plan and character-filled 1927 architecture provide a significant opportunity for buyers to build equity through personalized renovations and modern upgrades.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1850, other record living area = 1290. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 4.
The listing's emphasis on the opportunity to 'improve' and 'personalize' suggests the home may require immediate and potentially significant capital expenditure for modernization.
Built in 1927, the property likely possesses aging systems or structural elements that may necessitate costly updates to meet current building standards and efficiency expectations.
Welcome to 3428 Fletcher Drive, a character-filled Los Angeles residence offering 3 bedrooms, 3 bathrooms, and approximately 1,850 square feet of living space. Built in 1927, this spacious home offers a versatile floor plan with plenty of opportunity to personalize, improve, and make it their own. Conveniently located near Glassell Park, Atwater Village, Highland Park, Silver Lake, Downtown Los Angeles, local dining, shopping, and major freeways.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 1,850 | 1,664.159 |
| Lot Size | 5,333 | 6,066.556 |
| Price | $839.0K | $1.35M |
| Price per sq ft | $454 | $806 |
| Built year | 1927 | 1939 |
| HOA | $0 | $278 |
| Days on market | 20 | 55 |
Aug 20, 2026
$839,000
Initial Listing
Jan 27, 1998
$128,000
Public Record