3871 Grayburn, Los Angeles, California 90008, Los Angeles, 90008 - 3 bed, 1 bath
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Los Angeles, California 90008
This 3-Bedroom Single Family Residence represents a Strong Value Opportunity, listed at $975,000—positioned well below the $1,012,943 Fair Market Value by 3%. This valuation gap provides $37,943 in Instant Equity for the next owner. Featuring a Condition Rating of 3, the home includes significant upgrades like a new roof and central HVAC. While public records show 2 bedrooms, the property offers a functional 3-bedroom layout, making it an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a well-maintained home in historic Leimert Park.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3871 Grayburn Subject | $975,000* List Price | 3 | 1 | 1,513 | $669 | - |
A 3815 Welland Avenue Sold | $1,075,000 | 3 | 3 | 1,902 | $565 | 0.4 mi |
B 3895 3rd Avenue Sold | $710,000 | 3 | 2 | 1,554 | $457 | 0.7 mi |
C 4166 4th Avenue Sold | $875,000 | 2 | 1 | 1,466 | $597 | 0.8 mi |
D 4223 6th Sold | $812,500 | 2 | 1 | 1,176 | $691 | 0.8 mi |
E 4309 Sutro Avenue Sold | $1,215,000 | 3 | 3 | 1,525 | $797 | 0.9 mi |
F 4215 S Norton Avenue Sold | $1,100,000 | 3 | 2 | 1,448 | $760 | 0.5 mi |
G 4252 S Norton Sold | $1,260,000 | 4 | 3 | 1,977 | $637 | 0.6 mi |
H 3887 Roxton Active | $920,000 List Price | 2 | 1 | 1,571 | $586 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Despite the 1942 build date, the property is well-maintained with significant system upgrades including a recently replaced roof and central HVAC. The presence of real hardwood floors and its move-in ready status suggest maintenance/renovations within the 5-15 year window.
Situated on a picturesque, tree-lined street in the heart of Leimert Park, this property offers timeless character and high curb appeal in a vibrant, historic community.
The home features significant modern improvements, including central air conditioning and heating and a recently replaced roof, providing peace of mind and immediate value.
Boasting real hardwood floors and a 3-bedroom configuration, the property also includes a long driveway and a spacious garage, offering ample off-street parking rarely found in urban settings.
The property features 3 bedrooms and 1.5 bathrooms despite public records indicating 2 bedrooms and 1 bathroom, which may require additional due diligence regarding permits and could impact financing.
The assigned public schools for this address currently hold low performance ratings, which may be a drawback for families prioritizing educational proximity.
Welcome to this charming and well-maintained home nestled on a picturesque, tree-lined street in the heart of beautiful Leimert Park. While public records reflect 2 bedrooms and 1 bathroom, the property actually features 3 bedrooms and 1.5 bathrooms. Buyers and their agents are advised to conduct their own investigations and due diligence. This gem offers timeless character and abundant potential for its next owner or family. The home boasts real hardwood floors, central air conditioning and heating, and a recently replaced roof. A long driveway leads to a spacious garage, providing ample off-street parking. Both the front and backyards are well cared for and offer a wonderful canvas for your landscaping ideas. Don't miss this opportunity to own a lovely home in a quiet, established neighborhood within a vibrant and historic community.
No exterior & parking available.
Grades K-5 • 0.6 mi
Grades K-5 • 0.7 mi
Grades K-5 • 0.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 1,513 | 1,672 |
| Lot Size | 5,842 | 6,067 |
| Price | $975.0K | $1.37M |
| Price per sq ft | $644 | $801 |
| Built year | 1942 | 1939 |
| HOA | $0 | $348 |
| Days on market | 39 | 56 |
Jun 13, 2026
$975,000
Initial Listing
Sep 8, 2021
$1,100,000
Public Record
Jun 29, 2016
$400,000
Public Record