3705 4th Avenue, Los Angeles, California 90018, Los Angeles, 90018 - 2 bed, 1 bath
ACTIVE$699,000$1,176/sqft
Est. Value: $657,081
-5%
AboveEstimate
3705 4th Avenue, Los Angeles, California 90018
2Beds
1Bath
1,176Sqft
5,136Lot
Price Vs. Estimate
The estimated value ($657,081.275) is $41,918.725 (5%) lower than the list price ($699,000). This property may be overpriced.
Key pros and cons
Top Pros:
Investment & Income Potential: Explicitly marketed as an 'investors dream opportunity' and includes a separate one-bedroom unit in the back, offering significant rental income potential or multi-generational living.
Top Cons:
Requires Renovation/TLC: The description notes the home is 'missing some TLC,' implying that significant updates and repairs will be necessary, adding to the buyer's initial investment.
Compared to the nearby listings
Price:$699.0K vs avg $885.0K ($-186,000)19%
Size:1,176 sqft vs avg 1,500 sqft25%
Price/sqft:$594 vs avg $62442%
More Insights
Built in 1914 (112 years old).
Condition: Built in 1914, this property is explicitly described as 'missing some TLC' and an 'investors dream opportunity,' which typically indicates a need for substantial renovation. The exterior images show an aged home with visible wear and tear, and the back unit appears particularly neglected. Without interior photos, especially of the kitchen and bathroom, and given the property's age and the 'TLC' comment, it's highly probable that major systems (electrical, plumbing, HVAC) are outdated and require significant repairs and rehabilitation to meet modern standards and comfort. The property likely has significant deferred maintenance.
Year Built
1914
Close
-
List price
$699K
Original List price
$699K
Price/Sqft
$594
HOA
-
Days on market
-
Sold On
-
MLS number
AR26000529
Home ConditionPoor
Features
Patio
View-
About this home
Investors dream opportunity! Located in a pride of ownership neighborhood is a Craftsman style home with a great floor plan. This home features a beautiful fireplace in the living room, large open living dining area, good sized kitchen and bedrooms with a single one-bedroom unit in the back. Located minutes from downtown, the west side and USC. This home is a great opportunity for investors and home buyers. All this lovely home is missing is some TLC.
J
Jose Cordova
Listing Agent
Nearby schools
2/10
Tom Bradley Global Awareness Magnet School
Public,•K-5•0.3mi
3/10
Sixth Avenue Elementary School
Public,•K-5•0.4mi
4/10
Birdielee V. Bright Elementary School
Public,•K-5•0.6mi
2/10
Twenty-Fourth Street Elementary School
Public,•K-5•1.2mi
5/10
Virginia Road Elementary School
Public,•K-5•1.2mi
3/10
Arlington Heights Elementary School
Public,•K-5•1.5mi
2/10
Audubon Middle School
Public,•6-8•0.9mi
3/10
Johnnie Cochran, Jr., Middle School
Public,•6-8•1.6mi
5/10
Foshay Learning Center
Public,•K-12•0.9mi
2/10
Susan Miller Dorsey Senior High School
Public,•9-12•1.4mi
4/10
West Adams Preparatory High School
Public,•9-12•2.3mi
4/10
Los Angeles Senior High School
Public,•9-12•2.6mi
Condition Rating
Poor
Built in 1914, this property is explicitly described as 'missing some TLC' and an 'investors dream opportunity,' which typically indicates a need for substantial renovation. The exterior images show an aged home with visible wear and tear, and the back unit appears particularly neglected. Without interior photos, especially of the kitchen and bathroom, and given the property's age and the 'TLC' comment, it's highly probable that major systems (electrical, plumbing, HVAC) are outdated and require significant repairs and rehabilitation to meet modern standards and comfort. The property likely has significant deferred maintenance.
Pros & Cons
Pros
Investment & Income Potential: Explicitly marketed as an 'investors dream opportunity' and includes a separate one-bedroom unit in the back, offering significant rental income potential or multi-generational living.
Prime Location: Strategically located 'minutes from downtown, the west side and USC,' providing excellent access to major employment centers, entertainment, and educational institutions.
Desirable Architectural Style: A classic 'Craftsman style home' in a 'pride of ownership neighborhood,' appealing to buyers who appreciate historic charm and a well-maintained community.
Functional Layout: Features a 'great floor plan' with a 'beautiful fireplace in the living room, large open living dining area, good sized kitchen and bedrooms,' suggesting comfortable living spaces.
Neighborhood Quality: Situated in a 'pride of ownership neighborhood,' indicating a stable and desirable community environment.
Cons
Requires Renovation/TLC: The description notes the home is 'missing some TLC,' implying that significant updates and repairs will be necessary, adding to the buyer's initial investment.
Property Age: Built in 1914, the home's age suggests potential for outdated infrastructure (plumbing, electrical, HVAC) and higher ongoing maintenance costs.
Limited Bathroom Count: With only one bathroom for a 2-bedroom main house plus an additional unit, this could be a functional limitation for multiple occupants or families.