3609 4th Avenue, Los Angeles, California 90018, Los Angeles, 90018 - 2 bed, 2 bath
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Los Angeles, California 90018
This High-Potential Investment Opportunity is a California Craftsman listed at $980,000—positioned well below the $1,010,520 Fair Market Value by 3%. This valuation gap offers $30,520 in Instant Equity. Featuring a Condition Rating of 2, the home is fully remodeled with modern systems and a versatile den. The oversized lot and alley-access garage provide significant ADU potential. This property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a move-in-ready home with long-term upside.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3609 4th Avenue Subject | $980,000* List Price | 2 | 2 | 1,512 | $668 | - |
A 3037 11th Avenue Sold | $1,260,000 | 3 | 2 | 1,610 | $783 | 0.5 mi |
B 2345 W 30th Street Sold | $1,050,000 | 3 | 2 | 1,286 | $816 | 0.4 mi |
C 2347 W 29th Place Sold | $1,171,000 | 3 | 2 | 1,663 | $704 | 0.4 mi |
D 1839 W 35th Place Sold | $780,000 | 2 | 1 | 1,668 | $468 | 0.5 mi |
E 3422 6th Sold | $750,000 | 2 | 1 | 1,024 | $732 | 0.2 mi |
F 2415 8th Avenue Sold | $1,010,000 | 3 | 2 | 1,442 | $700 | 0.9 mi |
G 3763 Hepburn Avenue Sold | $1,100,000 | 3 | 2 | 1,736 | $634 | 0.4 mi |
H 1788 W 37th Pl. Sold | $740,000 | 3 | 1 | 1,064 | $695 | 0.6 mi |
I 3609 4th Avenue Active | $990,000 List Price | 2 | 1 | 1,512 | $655 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1912, the property has undergone a comprehensive recent remodel (likely <5 years) featuring a modern kitchen with new appliances, updated bathrooms with double vanities, and new laminate flooring. Major systems including electrical, plumbing, and HVAC have been upgraded, and the exterior features fresh paint and landscaping, meeting the criteria for mint condition with no maintenance required.
This 1912 California Craftsman seamlessly blends timeless architectural charm with essential modern upgrades, including a newer central AC system, updated electrical and plumbing, and a fully remodeled kitchen and bathrooms.
The property features a detached 2-car garage with convenient alley access and an oversized rear yard, providing an excellent opportunity for an Accessory Dwelling Unit (ADU) to generate rental income or increase property value.
Beyond the two primary bedrooms, the home includes a flexible den that can easily function as a third bedroom, home office, or guest space, catering to various lifestyle needs in a move-in-ready package.
The majority of the assigned public schools for this address currently hold low performance ratings, which may be a significant factor for families prioritizing high-ranking educational districts.
Being located within a Historic Preservation Overlay Zone (HPOZ) means any future exterior modifications or ADU construction are subject to strict design guidelines and a rigorous city review process.
Welcome to this beautifully remodeled California Craftsman home located within the highly sought-after Jefferson Park HPOZ (Historic Preservation Overlay Zone). This stylish 2-bedroom, 2-bathroom home offers approximately 1,522 sq. ft. of thoughtfully updated living space on a spacious 5,536 sq. ft. lot, plus a versatile den that can easily serve as a 3rd bedroom, home office, or guest space. Step inside to discover modern finishes throughout, including laminate wood flooring, a cozy fireplace in the living room, and tastefully remodeled bathrooms featuring double vanities. The updated kitchen showcases sleek cabinetry, new appliances, ample counter space, and includes a washer and dryer for added convenience.Major system upgrades include updated electrical and plumbing, a newer central AC system, and fresh exterior paint that enhances the home's timeless Craftsman character. The freshly landscaped front yard with sprinkler system creates inviting curb appeal and outdoor space perfect for relaxing or entertaining.In addition to ample street parking, the property features a detached 2-car garage with convenient alley access and direct access to the oversized rear yard -- offering excellent potential for an ADU (Accessory Dwelling Unit), guest house, or additional income opportunity (Buyer to verify all zoning and City requirements).Located in one of Los Angeles' most vibrant and historic neighborhoods, just minutes from DTLA, USC, West Adams, dining, shopping, public transportation, and major freeways. Convenient to several neighborhood schools, charter schools, and sought-after magnet programs, (James A. Foshay Learning Center) including STEM and college-preparatory options.' A rare move-in-ready opportunity blending classic architectural charm, modern upgrades, and future upside potential.
No exterior & parking available.
Grades K-5 • 0.3 mi
Grades K-5 • 0.5 mi
Grades K-5 • 0.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,512 | 1,672 |
| Lot Size | 5,536 | 6,067 |
| Price | $980.0K | $1.37M |
| Price per sq ft | $648 | $801 |
| Built year | 1912 | 1939 |
| HOA | $0 | $348 |
| Days on market | 19 | 56 |
Jul 3, 2026
$980,000
Initial Listing