3507 Garden Avenue, Los Angeles, California 90039, Los Angeles, 90039 - 4 bed, 2 bath
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3507 Garden Avenue
Los Angeles, California 90039
ACTIVE
CONDITION: POOR
4Beds
2Baths
1,602Sq Ft
6,759Lot Size
Property Price
LIST PRICE$1,159,000
EST. MARKET VALUE
$1,273,227
8% BelowMARKET VALUE
SUMMARY
This property presents a Strong Value Opportunity with a List Price of $1,159,000—positioned well below the $1,273,227 Fair Market Value by 8%. This valuation gap offers $114,227 in Instant Equity for buyers. With a Condition Rating of 5, this heavy fixer requires comprehensive rehabilitation, yet the 6,759 SF lot and potential for ADU conversion provide significant upside. Located near top-rated schools like Ivanhoe Elementary, this is a Fix-and-Flip Investor or Contractor acquisition.
Estimated Market Value
$1,273,227+$114,227 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 |
|---|---|---|---|---|---|---|
★ 3507 Garden Avenue Subject 4 bd · 2 ba · 1,602 sqft · $795 | $1,159,000* List Price | 4 | 2 | 1,602 | $795 | - |
A 3903 Boyce Sold 3 bd · 2 ba · 1,430 sqft · $909 · 0.5 mi | $1,299,900 | 3 | 2 | 1,430 | $909 | 0.5 mi |
B 3903 Boyce Sold 3 bd · 3 ba · 1,376 sqft · $818 · 0.5 mi | $1,125,000 | 3 | 3 | 1,376 | $818 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Poor
TeardownExcellent
Property is extensive renovation needed.
This 1928 Spanish-style home is a 'heavy fixer' that hasn't been renovated in over 54 years. The kitchen and bathrooms are severely outdated, bedrooms have exposed subflooring, and the property lacks modern central HVAC, relying on old wall heaters and window units. It requires a full rehabilitation to be move-in ready.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
Elementary School: Ivanhoe Elementary School (9/10).
- Prime Atwater Village Location
Ideally situated in a highly sought-after neighborhood, the property offers immediate access to Glendale Boulevard's trendy dining, the Sunday Farmers Market, and outdoor recreation at Griffith Park and the LA River Bike Path.
- Significant Development Potential
The generous 6,759 SF lot and detached two-car garage provide a rare opportunity for expansion, redevelopment, or an ADU conversion to maximize the property's long-term value and utility.
CONSRISKS & DEFICIENCIES
- Extensive Renovation Required
Identified as a 'heavy fixer,' the property requires a substantial capital investment and a comprehensive renovation to address its current condition and modernize the 1928 structure.
- As-Is Trust Sale
Being sold in its present 'as-is' condition via a trust sale, the buyer must assume all responsibility for repairs and improvements with no seller credits or warranties provided.
About 3507 Garden Avenue
Sweet Spanish-style home in Atwater Village, offered for the first time in over 54 years! Expanded with permits to 4 bedrooms & 2 bathrooms, this heavy fixer sits on a 6,759 SF lot offering endless possibilities to renovate, expand, or explore redevelopment potential. The detached two-car garage may offer ADU conversion potential (Buyer to verify with the city). Ideally located just moments from the popular shops, restaurants, and cafes along Glendale Blvd., as well as the Sunday Atwater Village Farmers Market. Enjoy convenient access to Griffith Park, the LA River Bike Path, Frogtown, Silver Lake, and Los Feliz. This is a trust sale, and the property is being sold in its present "as-is" condition. Bring your vision and unlock the potential this rare Atwater Village property has to offer.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1928
- Lot Size
- 6,759 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Los Angeles Unified Schools
Atwater Avenue Elementary School
Grades K-6 • 0.4 mi
4/10
Glenfeliz Boulevard Elementary School
Grades K-6 • 0.6 mi
5/10
Cerritos Elementary School
Grades K-6 • 0.7 mi
6/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,602 | 1,675.469 |
| Lot Size | 6,759 | 6,126.393 |
| Price | $1.16M | $1.34M |
| Price per sq ft | $723 | $800 |
| Built year | 1928 | 1941 |
| HOA | $0 | $262 |
| Days on market | 8 | 56 |
Pricing History
Listed for Sale
Oct 16, 2026
$1,159,000
Initial Listing