3734 Chesapeake, Los Angeles, California 90016, Los Angeles, 90016 - 4 bed, 2 bath

3734 Chesapeake, Los Angeles, California 90016 home-pic-0

3734 Chesapeake

Los Angeles, California 90016

ACTIVE
CONDITION: POOR
4Beds
2Baths
1,452Sq Ft
6,053Lot Size

Property Price

LIST PRICE$900,000
EST. MARKET VALUE
$899,235

SUMMARY

Estimated Market Value

$899,235
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
3734 Chesapeake
Subject
$900,000*
List Price
421,452$619-
A
3727 West Boulevard
Sold
$907,000321,280$7090.2 mi
B
2916 Hillcrest Drive
Sold
$949,000421,564$6070.7 mi
C
3604 S Muirfield Road
Sold
$815,000311,222$6670.2 mi
D
3744 S Muirfield Road
Sold
$855,000311,104$7740.2 mi
E
3692 Buckingham Road
Active
$938,500
List Price
221,448$6480.3 mi

* Subject property listed price vs sold prices of comps.

Condition Analysis

OVERALL CONDITION SCORE

Poor
TeardownExcellent

Property is extensive renovation needed.

The property is an unfinished 4-bed/2-bath conversion that is currently uninhabitable. While structural framing and major layout changes are permitted and complete, the home lacks finished flooring, cabinetry, installed appliances, and final fixtures, requiring substantial capital and rehabilitation to reach a livable state.

PROSSTRENGTHS & OPPORTUNITIES

  • Prime Location

    Situated in the thriving Mid-City/West Adams corridor, the property is located in a high-demand area surrounded by rapid development and renovated homes.

  • Permitted Structural Work

    The heavy lifting of the 4-bed/2-bath conversion is complete, with framing and layout changes already signed off by the city, significantly reducing renovation risk.

  • Immediate Equity Potential

    As a nearly completed project, this property offers a clear runway for an investor or builder to finish the interior and capture substantial built-in equity.

CONSRISKS & DEFICIENCIES

  • MLS Listing Discrepancy

    Living area discrepancy between mls listing and other public or private record. mls listing living area = 1452, other record living area = 1172. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.

  • Foreclosure Status

    The seller is in foreclosure and selling strictly as-is, which may lead to a complex closing timeline and zero flexibility for repair credits.

  • Unfinished Condition

    The property requires immediate capital for finishing touches and appliance installation, making it uninhabitable in its current state.

About 3734 Chesapeake

Unlock the upside on this nearly completed 4 bed / 2 bath conversion in the heart of Los Angeles’ thriving Mid-City/West Adams corridor. Originally a 3/1, this expanded layout now sits at approx. 1,452 sq ft and is just a few finishing touches away from a standout investment. The heavy lifting is already done—framing, layout changes, and major improvements are in place and signed off by the city. Appliances negotiable; not yet installed. Seller is in foreclosure and prepared to sell AS-IS, creating a clear runway for an investor, builder, or savvy buyer who wants to step in, complete the project, and capture the value. The lot provides ample potential for additional improvements or future expansion (buyer to verify). Surrounded by rapid development, renovated homes, and strong demand, this property offers substantial margin for those ready to move quickly. If you’ve been waiting for a straightforward opportunity with built-in equity, this is it.

Property Details

Public Facts

Property Type
Single Family Residence
Year Built
1944
Lot Size
6,053 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

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds4.03.0
77%
Baths2.02.0
50%
Square foot1,4521,371
57%
Lot Size6,0535,237
64%
Price$900.0K$1.01M
38%
Price per sq ft$620$738
30%
Built year19441927
73%
HOA$0$0
50%
Days on market93171
11%

Pricing History

Listed for Sale

Feb 1, 2026

$900,000

$950,000

-5% Price Drop

Initial Listing

Price Change

Jan 23, 2026

$950,000

$995,000

-5% Price Drop

Initial Listing

Price Change

Jan 6, 2026

$995,000

$1,100,000

-10% Price Drop

Initial Listing

Price Change

Jan 3, 2026

$1,100,000

$1,190,000

-8% Price Drop

Initial Listing

Price Change

Dec 13, 2025

$1,190,000

$1,299,000

-8% Price Drop

Initial Listing

Price Change

Dec 3, 2025

$1,299,000

Initial Listing

Sold

Feb 14, 2023

$730,000

Public Record

Sold

Feb 13, 2023

$700,000

Public Record

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