3871 Grayburn, Los Angeles, California 90008, Los Angeles, 90008 - 3 bed, 1 bath
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3871 Grayburn
Los Angeles, California 90008
ACTIVE
CONDITION: GOOD
3Beds
1Baths
1,513Sq Ft
5,842Lot Size
Property Price
LIST PRICE$899,000
EST. MARKET VALUE
$899,000
SUMMARY
This well-maintained single-family residence is a Strong Value Opportunity, listed at $975,000—positioned well below the $986,361 Fair Market Value by 1.14%. This valuation gap offers $11,361 in Instant Equity. Featuring real hardwood floors, central HVAC, and a recently replaced roof, the home holds a Condition Rating of 3. While public records show 2BR/1BA, the property offers a functional 3BR/1.5BA layout. This is an ideal acquisition for Owner-Occupants or first-time buyers seeking a move-in ready home with long-term potential.
Estimated Market Value
$899,000
Based on Realkey algorithm analyzing recent comparable sales in Los Angeles.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3871 Grayburn Subject 3 bd · 1 ba · 1,513 sqft · $594 | $899,000* List Price | 3 | 1 | 1,513 | $594 | - |
A 3887 Roxton Sold 2 bd · 1 ba · 1,571 sqft · $557 · 0.6 mi | $875,000 | 2 | 1 | 1,571 | $557 | 0.6 mi |
B 4115 Edgehill Drive Sold 3 bd · 2 ba · 1,660 sqft · $542 · 0.4 mi | $900,000 | 3 | 2 | 1,660 | $542 | 0.4 mi |
C 4021 Degnan Boulevard Sold 4 bd · 2 ba · 1,500 sqft · $630 · 0.3 mi | $945,000 | 4 | 2 | 1,500 | $630 | 0.3 mi |
D 3953 Somerset Drive Sold 3 bd · 3 ba · 1,886 sqft · $557 · 0.4 mi | $1,050,000 | 3 | 3 | 1,886 | $557 | 0.4 mi |
E 4111 Edgehill Drive Sold 2 bd · 2 ba · 1,358 sqft · $745 · 0.4 mi | $1,011,550 | 2 | 2 | 1,358 | $745 | 0.4 mi |
F 3895 3rd Avenue Sold 3 bd · 2 ba · 1,554 sqft · $457 · 0.7 mi | $710,000 | 3 | 2 | 1,554 | $457 | 0.7 mi |
G 4229 Angeles Vista Boulevard Sold 3 bd · 2 ba · 1,978 sqft · $531 · 0.7 mi | $1,050,000 | 3 | 2 | 1,978 | $531 | 0.7 mi |
H 3959 S Bronson Ave Active 2 bd · 2 ba · 1,539 sqft · $682 · 0.2 mi | $1,050,000 List Price | 2 | 2 | 1,539 | $682 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
Although built in 1942, the property is well-maintained with significant system upgrades including a recently replaced roof and central HVAC. The interior features real hardwood floors in good condition, and the overall description indicates a move-in ready home that has been functional and cared for, fitting the 5-15 year renovation/maintenance profile for major components.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Historic Location
Situated on a picturesque, tree-lined street in the heart of historic Leimert Park, the property offers a quiet, established neighborhood feel with high curb appeal.
- Significant Capital Improvements
The home features a recently replaced roof and central air conditioning and heating, providing immediate value and peace of mind regarding major maintenance systems.
- Authentic Character & Maintenance
Boasting original hardwood floors and well-manicured grounds, the property has been meticulously maintained, preserving its timeless charm while offering a functional layout.
CONSRISKS & DEFICIENCIES
- Permitting and Record Discrepancies
There is a notable discrepancy between public records (2BR/1BA) and the actual layout (3BR/1.5BA), which may complicate financing, appraisals, or require investigation into permit history.
- Low Local School Ratings
The majority of the assigned public schools for this address have low performance ratings, which could be a drawback for families and impact long-term resale appeal.
About 3871 Grayburn
Major price reduction. Short Sale. Property is vacant. 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.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1942
- Lot Size
- 5,842 Sq. Ft.
Interior
- Total Bedrooms
- 3
- 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
Tom Bradley Global Awareness Magnet School
Grades K-5 • 0.6 mi
2/10
Coliseum Street Elementary School
Grades K-5 • 0.7 mi
2/10
Forty-Second Street Elementary School
Grades K-5 • 0.9 mi
2/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 1,513 | 1,670.836 |
| Lot Size | 5,842 | 6,152.156 |
| Price | $899.0K | $1.34M |
| Price per sq ft | $594 | $807 |
| Built year | 1942 | 1941 |
| HOA | $0 | $238 |
| Days on market | 149 | 56 |
Pricing History
Listed for Sale
Oct 8, 2026
$899,000
$975,000
-8% Price Drop
Initial Listing
Price Change
Jun 13, 2026
$975,000
Initial Listing
Sold
Sep 8, 2021
$1,100,000
Public Record
Sold
Jun 29, 2016
$400,000
Public Record