3849 Somerset Drive, Los Angeles, California 90008, Los Angeles, 90008 - 2 bed, 2 bath
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Los Angeles, California 90008
This Investor Special represents a high-upside Value-Add Asset listed at $1,112,000, which is positioned near its $1,059,393 Fair Market Value. While currently holding a Poor Condition Rating, the expansive 2,167 square foot interior and detached garage with ADU Potential offer substantial opportunities for forced appreciation. Rare amenities like a ten-person sauna and RV access add unique market appeal once restored. Located in the desirable Park Hills Heights neighborhood, this property is a prime acquisition for Fix-and-Flip Investors or Contractors ready to build significant sweat equity.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3849 Somerset Drive Subject | $1,112,000* List Price | 2 | 2 | 2,167 | $489 | - |
A 3880 Olmsted Avenue Sold | $870,000 | 3 | 2 | 1,776 | $490 | 0.6 mi |
B 3861 S Norton Avenue Sold | $900,000 | 3 | 2 | 1,732 | $520 | 0.3 mi |
C 4011 Welland Avenue Sold | $900,000 | 3 | 2 | 2,056 | $438 | 0.7 mi |
D 3936 Olmsted Avenue Sold | $950,000 | 3 | 2 | 1,550 | $613 | 0.6 mi |
E 4122 S Bronson Avenue Active | $930,000 List Price | 3 | 2 | 1,729 | $538 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1941, this property is explicitly marketed as an 'Investor Special' requiring 'Plenty Of Sweat Equity' to 'Make This Home Beautiful Once Again!' While it benefits from some significant energy efficiency upgrades like double-pane windows, insulation, and central HVAC, the description is notably vague about the condition and style of the kitchen and bathrooms, suggesting they are likely very outdated and require substantial renovation. The exterior image also indicates an older aesthetic. The need for an 'inspection report' further implies potential issues beyond cosmetic. These factors point to a property that requires substantial rehabilitation to meet modern standards, aligning with a 'poor' condition score.
The detached two-car garage offers significant ADU potential (buyer to verify) and convenient RV access, adding substantial value and flexibility for future use.
The property boasts modern energy-efficient features including a solar reflective exterior coating, additional R-rated insulation in the attic, walls, and floors, and Energy Star rated double-pane windows throughout.
This home features a bright and open floor plan with a large living room, a huge dining room, and an expansive den with high wood beam ceilings, skylights, and a wet bar, ideal for entertaining.
Explicitly marketed as an 'Investor Special' with 'Plenty of Sweat Equity' needed to 'Make This Home Beautiful Once Again!', indicating the property requires significant updates or renovations.
Built in 1941, the property's age may imply older systems, potential for unforeseen maintenance issues, or a need for modernization to align with contemporary buyer preferences.
The property experienced a substantial price increase from its original listing ($979,000 to $1,112,000) in a relatively short period, and the current list price is slightly above the estimated value, which could be perceived as aggressive by potential buyers.
Investor Special! See Home Inspection Report In Supplements! Spacious And Full Of Potential, This Unique Home Offers A Bright And Open Floor Plan And An Abundance Of Special Features! The Large Living Room Welcomes You With A Cozy Fireplace And Built-in Bookcase, Perfect For Relaxing Or Entertaining! A Huge Dining Room Is Ideal For Hosting Family Gatherings, While The Huge Den— With High Wood Beam Ceiling, Tile Flooring Two Skylights, Cozy Fireplace, And Large Wet Bar Makes Entertaining A Breeze! When It's Time To Unwind Step Into Your Own Ten-Person Sauna A Rare And Luxurious Bonus! Indoor Temperature Is Controlled By Forced Air Heating And Central Air Conditioning! Special Features: Solar Reflective Exterior Coating - Property Has Had Additional R Rated Insulation Installed In The Attic, Walls, And Floors Including Energy Star Rated Double Pane Windows Throughout! The Kitchen Features Ample Cabinet Space, A Breakfast Bar, And A Convenient Pass-Through Into The Den—Great For Casual Meals Or Entertaining Guests. Bedrooms Are Nicely Sized With Hardwood Flooring, And The Home Includes Two Full Bathrooms, One Of Which Boasts A Separate Tub And Shower. Enjoy The Easy Maintenance Backyard Complete With A Fruit Tree, Wooden Storage Shed, Plus Block Walls For Added Privacy. The Detached Two-Car Garage Offers ADU Potential (Buyer To Verify). And RV Access! Located On A Beautiful Tree Lined Street In A Highly Sought After Neighborhood Close To Shopping, Freeways, Plus SoFi Stadium—Add This Home To Your List Of Must See Properties! Take Advantage Of A Great Price With Plenty Of Sweat Equity! Make This Home Beautiful Once Again!
No exterior & parking available.
Grades K-5 • 0.4 mi
Grades K-5 • 0.6 mi
Grades K-5 • 0.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 17% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 2,167 | 1,906.5 | 64% |
| Lot Size | 6,084 | 6,451.5 | 41% |
| Price | $1.11M | $1.22M | 43% |
| Price per sq ft | $513 | $612 | 26% |
| Built year | 1941 | 1940 | 55% |
| HOA | $0 | $0 | 50% |
| Days on market | 347 | 194 | 97% |
Sep 10, 2025
$1,112,000
Initial Listing
May 10, 2025
$979,000
Initial Listing