3654 7th Avenue, Los Angeles, California 90018, Los Angeles, 90018 - 3 bed, 2 bath

3654 7th Avenue, Los Angeles, California 90018 home-pic-0

3654 7th Avenue

Los Angeles, California 90018

ACTIVE
CONDITION: FAIR
3Beds
2Baths
1,182Sq Ft
6,101Lot Size

Property Price

LIST PRICE$850,000
EST. MARKET VALUE
$579,101
31% AboveMARKET VALUE

SUMMARY

Analysis of 3654 7th Avenue, Los Angeles, California 90018 reveals a property with a current list price of $850,000, which is 31% above the estimated $579,101 Fair Market Value. Buyers should carefully evaluate the pricing and consider negotiation opportunities. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Los Angeles Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.

Estimated Market Value

$579,101
Based on Realkey algorithm analyzing recent comparable sales in Los Angeles.

Comparable Sales Map

Comparables within 1 miles sold in recently

Address Sold Price BedsBathsSq Ft$/SqftDistance
3654 7th Avenue
Subject
$850,000*
List Price
321,182$490-
A
3644 3rd Avenue
Sold
$836,000311,361$6140.3 mi
B
3500 S Norton Avenue
Sold
$600,00021958$6260.5 mi
C
3672 3rd Avenue
Sold
$780,000211,151$6780.3 mi
D
3648 4th Avenue
Sold
$785,000211,020$7700.2 mi
E
3645 2nd Avenue
Pending
$739,999
List Price
311,392$5320.3 mi

* Subject property listed price vs sold prices of comps.

Condition Analysis

OVERALL CONDITION SCORE

Fair
TeardownExcellent

Property is moderate renovation needed.

This 1920 craftsman-style home is described as 'wonderfully preserved' with 'original hardwood floors' and a kitchen that 'retains its traditional charm with tile floors and wooden cabinets.' The images confirm this, showing a functional but significantly outdated kitchen with older white appliances and tile countertops. The bathrooms also appear dated, with one featuring older tile work and the other a basic vanity. While the home is 'move-in ready' and appears well-maintained, the lack of modern updates to the kitchen, bathrooms, and unmentioned major systems (HVAC, electrical) for a home of this age means it requires more than minor cosmetic updates to meet contemporary standards. It fits the 'Fair' criteria of being aged but maintained, with major components functional but showing signs of being outdated, and requiring significant updates to key areas.

PROSSTRENGTHS & OPPORTUNITIES

  • Historic Charm & Architectural Style

    This beautifully preserved 1920 craftsman-style home retains original hardwood floors and a cozy fireplace, offering significant historic charm and architectural appeal.

  • Desirable Neighborhood

    Located in the highly desirable and thriving historic Jefferson Park neighborhood, known for its character and community.

  • Strategic Location & Accessibility

    Centrally located with excellent proximity to major Los Angeles attractions including USC, Exposition Park, BMO Stadium, Downtown LA, Culver City, the Metro Expo Line, and the 10 freeway.

CONSRISKS & DEFICIENCIES

  • Lack of Modern System Updates

    The description does not mention updates to major systems like HVAC, electrical, or plumbing, which is common for a 1920-built home and may require future investment, especially compared to recently renovated comparables.

  • Dated Interior Finishes

    The kitchen retains 'traditional charm with tile floors and wooden cabinets,' and bathrooms are not specified as updated, suggesting these areas may not align with modern buyer preferences without renovation.

  • Significant Price Discrepancy

    The listing price of $850,000 is considerably higher than the property's estimated value of $579,101.91, which could impact market appeal and sale duration.

About 3654 7th Avenue

Incredible opportunity to own a beautiful craftsman-style home in the highly desirable and thriving neighborhood of historic Jefferson Park. Built in 1920, this wonderfully preserved residence features 3 bedrooms and 2 baths within 1,182 square feet, set on a generous 6,101-square-foot lot. As you step into the spacious living room, you'll find original hardwood floors and a cozy fireplace. The kitchen retains its traditional charm with tile floors and wooden cabinets, and flows effortlessly into the adjacent dining space, perfect for family meals and gatherings. Moving to the bedrooms, the first bedroom boasts a stunning built-in closet and can also be used as a home office. The second bedroom offers a comfortable and versatile space. The gorgeous primary bedroom serves as a spacious retreat, easily accommodating a king-size bed and additional furniture, along with an en suite bathroom for daily comfort and convenience. Step outside to discover a backyard that offers an incredibly large space for entertaining guests. The property also includes a laundry room and a one-car garage with the potential for conversion into an ADU. The spacious driveway and carport provide additional parking options. Conveniently located near the University of Southern California, Exposition Park, the Coliseum, BMO Stadium and the upcoming George Lucas Museum. Centrally located. Only minutes away from Culver City and Downtown Los Angeles, close proximity to the Metro Expo Line. Easy access to the 10 freeway. Move-in ready. With its incredible curb appeal, this gem is not to be​​‌​​​​‌​​‌‌​​‌​​​‌‌​​​‌​​‌‌​​‌‌​​‌‌​​​​ missed!

Property Details

Public Facts

Property Type
Single Family Residence
Year Built
1920
Lot Size
6,101 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

Los Angeles Unified Schools

Sixth Avenue Elementary School

Grades K-5 • 0.3 mi

3/10

Tom Bradley Global Awareness Magnet School

Grades K-5 • 0.4 mi

2/10

Birdielee V. Bright Elementary School

Grades K-5 • 0.8 mi

4/10

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds3.03.0
50%
Baths2.02.0
50%
Square foot1,1821,504
21%
Lot Size6,1015,816.5
56%
Price$850.0K$846.0K
50%
Price per sq ft$719$585
73%
Built year19201913
60%
HOA$0$0
50%
Days on market345204
0%

Pricing History

Sold

May 29, 2001

$170,000

Public Record

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