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

3849 Somerset Drive, Los Angeles, California 90008 home-pic-0

3849 Somerset Drive

Los Angeles, California 90008

ACTIVE
CONDITION: POOR
2Beds
2Baths
2,167Sq Ft
6,084Lot Size

Property Price

LIST PRICE$1,112,000
EST. MARKET VALUE
$1,059,392
4% AboveMARKET VALUE

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

$1,059,392
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
3849 Somerset Drive
Subject
$1,112,000*
List Price
222,167$489-
A
3880 Olmsted Avenue
Sold
$870,000321,776$4900.6 mi
B
3861 S Norton Avenue
Sold
$900,000321,732$5200.3 mi
C
4011 Welland Avenue
Sold
$900,000322,056$4380.7 mi
D
3936 Olmsted Avenue
Sold
$950,000321,550$6130.6 mi
E
4122 S Bronson Avenue
Active
$930,000
List Price
321,729$5380.5 mi

* Subject property listed price vs sold prices of comps.

Condition Analysis

OVERALL CONDITION SCORE

Poor
TeardownExcellent

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is notably vague about the condition and style of the kitchen and bathrooms, suggesting they are likely very outdated and require substantial renovation.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

2/10

Hillcrest Drive Elementary School

Grades K-5 • 0.6 mi

3/10

Tom Bradley Global Awareness Magnet School

Grades K-5 • 0.9 mi

2/10

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds2.03.0
14%
Baths2.03.0
48%
Square foot2,1671,961
65%
Lot Size6,0846,402
40%
Price$1.11M$1.32M
37%
Price per sq ft$513$634
24%
Built year19411941
50%
HOA$0$0
50%
Days on market300182
95%

Pricing History

Listed for Sale

Sep 10, 2025

$1,112,000

Initial Listing

Price Change

May 10, 2025

$979,000

Initial Listing

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