3849 Somerset Drive, Los Angeles, California 90008, Los Angeles, 90008 - 2 bed, 2 bath

3849 Somerset Drive
Los Angeles, California 90008
Property Price
SUMMARY
Analysis of 3849 Somerset Drive, Los Angeles, California 90008 reveals a property with a current list price of $1,112,000, which is 4% above the estimated $1,059,392 Fair Market Value. Buyers should carefully evaluate the pricing and consider negotiation opportunities. The property maintains a Poor Condition Rating (30/100), indicating the property requires renovation and updates to maximize its market potential. This presents opportunities for value-add investors. 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 Experienced Investors and Fix-and-Flip Specialists.
Estimated Market Value
Comparable Sales Map
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.
Condition Analysis
OVERALL CONDITION SCORE
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is notably vague about the condition and style of the kitchen and bathrooms, suggesting they are likely very outdated and require substantial renovation.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.
PROSSTRENGTHS & OPPORTUNITIES
- ADU Potential & RV Access
The detached two-car garage offers significant ADU potential (buyer to verify) and convenient RV access, adding substantial value and flexibility for future use.
- Energy Efficiency Upgrades
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.
- Spacious & Unique Layout
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.
CONSRISKS & DEFICIENCIES
- Renovation Required
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.
- Age of Property
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.
- Aggressive Pricing Strategy
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.
About 3849 Somerset Drive
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!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1941
- Lot Size
- 6,084 Sq. Ft.
Interior
- Total Bedrooms
- 2
- 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
Coliseum Street Elementary School
Grades K-5 • 0.4 mi
Hillcrest Drive Elementary School
Grades K-5 • 0.6 mi
Tom Bradley Global Awareness Magnet School
Grades K-5 • 0.9 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 14% |
| Baths | 2.0 | 3.0 | 48% |
| Square foot | 2,167 | 1,961 | 65% |
| Lot Size | 6,084 | 6,402 | 40% |
| Price | $1.11M | $1.32M | 37% |
| Price per sq ft | $513 | $634 | 24% |
| Built year | 1941 | 1941 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 300 | 182 | 95% |
Pricing History
Listed for Sale
Sep 10, 2025
$1,112,000
Initial Listing
Price Change
May 10, 2025
$979,000
Initial Listing
