3864 Clayton Avenue, Los Angeles, California 90027, Los Angeles, 90027 - 2 bed, 1 bath
3864 Clayton Avenue
Los Angeles, California 90027
Property Price
SUMMARY
Analysis of 3864 Clayton Avenue, Los Angeles, California 90027 reveals a property with a current list price of $998,000, which is 7% above the estimated $932,069 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 |
|---|---|---|---|---|---|---|
★ 3864 Clayton Avenue Subject | $998,000* List Price | 2 | 1 | 951 | $980 | - |
A 2015 Hyperion Avenue Sold | $725,000 | 2 | 1 | 756 | $959 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is extensive renovation needed.
Built in 1948 and explicitly marketed as a 'fixer' and 'redevelopment opportunity,' this property requires substantial rehabilitation. The listing suggests a complete value-add renovation or demolition for a new custom home, indicating that the kitchen, bathroom, and major systems are likely outdated or at the end of their functional lifespan.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7846, living area = 951.
- Great Schools
Elementary School: Ivanhoe Elementary School (9/10).
- Exceptional Development Potential
The expansive 7,846 sq. ft. lot in the prestigious Franklin Hills area offers a rare opportunity for a custom redevelopment, expansion, or a high-end value-add project.
CONSRISKS & DEFICIENCIES
- Significant Renovation Required
As a 'fixer' built in 1948, the property requires substantial capital investment for repairs or a complete rebuild to meet modern living standards.
- Hillside Construction Complexity
The elevated hillside setting, while providing views, may involve more complex and costly engineering, permitting, and construction requirements for any redevelopment.
About 3864 Clayton Avenue
Prime Franklin Hills fixer with exceptional upside. This 1948 cottage with 951 sq. ft. of living space, including 2 bedrooms and 1 bathroom, is on an expansive 7,846 sq. ft. lot. Perched on a hillside with stunning city views, the property presents a rare opportunity for redevelopment, expansion, or a value-add renovation in one of Los Angeles' most sought-after neighborhoods.The generous lot size and elevated setting make it an ideal candidate for a new custom single-family residence or a creative redevelopment project (buyer to verify zoning and permitting with the City of Los Angeles). Two additional detached structures on the property offer potential for studio, office, or storage use, further enhancing redevelopment flexibility.Surrounded by lush greenery, the site provides privacy, tranquility, and dramatic views--key attributes for high-end resale or long-term investment. Just minutes from Los Feliz Village, Griffith Park, and major dining, shopping, and entertainment destinations, this property combines strong location fundamentals with significant future potential. www.3864Clayton.com
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1948
- Lot Size
- 7,846 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Los Angeles Unified Schools
Franklin Avenue Elementary School
Grades K-6 • 0.7 mi
Micheltorena Street Elementary School
Grades K-5 • 0.7 mi
Lexington Avenue Primary Center
Grades K-2 • 0.7 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 4.0 | 10% |
| Baths | 1.0 | 3.0 | 3% |
| Square foot | 951 | 2,510 | 3% |
| Lot Size | 7,846 | 7,423 | 54% |
| Price | $998.0K | $2.45M | 3% |
| Price per sq ft | $1.0K | $1.0K | 58% |
| Built year | 1948 | 1935 | 65% |
| HOA | $0 | $0 | 50% |
| Days on market | 46 | 175 | 6% |
Pricing History
Listed for Sale
Feb 25, 2026
$998,000
$1,200,000
-17% Price Drop
Initial Listing
Price Change
Jan 19, 2026
$1,200,000
Initial Listing