3871 Grayburn Avenue, Los Angeles, California 90008, Los Angeles, 90008 - 3 bed, 2 bath
3871 Grayburn Avenue
Los Angeles, California 90008
Property Price
SUMMARY
Analysis of 3871 Grayburn Avenue, Los Angeles, California 90008 reveals a Fairly Priced Property with a current list price of $990,000 aligned with the estimated $990,000 Fair Market Value. This represents a stable investment opportunity at market rate. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. 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 both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3871 Grayburn Avenue Subject | $990,000* List Price | 3 | 2 | 1,513 | $654 | - |
A 3861 S Norton Avenue Sold | $900,000 | 3 | 2 | 1,732 | $520 | 0.1 mi |
B 3880 Olmsted Avenue Sold | $870,000 | 3 | 2 | 1,776 | $490 | 0.3 mi |
C 3936 Olmsted Avenue Sold | $950,000 | 3 | 2 | 1,550 | $613 | 0.3 mi |
D 3916 Hepburn Avenue Sold | $1,268,500 | 3 | 2 | 1,671 | $759 | 0.4 mi |
E 4170 4th Avenue Sold | $750,000 | 3 | 2 | 1,450 | $517 | 0.8 mi |
F 3894 3rd Avenue Sold | $735,000 | 3 | 1 | 1,204 | $610 | 0.7 mi |
G 4122 S Bronson Avenue Active | $950,000 List Price | 3 | 2 | 1,729 | $549 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
Built in 1942, this property is well-maintained with notable updates like a recently replaced roof and central air conditioning and heating. It features real hardwood floors and a charming exterior. However, the absence of interior images, particularly for the kitchen and bathrooms, prevents a full assessment of their condition, style, and features. Given the property's age and the description of 'timeless character,' it's highly probable that these key areas are functional but dated, requiring minor updates to meet current aesthetic standards. It is move-in ready but would benefit from cosmetic renovations in the kitchen and bathrooms.
PROSSTRENGTHS & OPPORTUNITIES
- Desirable Location
Situated in the heart of Leimert Park on a picturesque, tree-lined street, offering a quiet, established, and historic community setting.
- Key Modern Amenities
Features central air conditioning and heating, a significant comfort and value addition for the Los Angeles climate.
- Recent Major Upgrades
Benefits from a recently replaced roof, reducing immediate capital expenditure for the new owner.
CONSRISKS & DEFICIENCIES
- Bedroom/Bathroom Discrepancy
Public records show 2 beds/1 bath, while the property is marketed as 3 beds/1.5 baths, requiring buyer due diligence and potentially impacting appraisal or financing.
- Age of Property
Built in 1942, which, despite being well-maintained, may imply potential for older systems or components not explicitly mentioned as updated.
- Mixed School Ratings
While some schools are highly rated, several nearby public schools have lower ratings (2-3), which could be a consideration for families prioritizing top-tier education.
About 3871 Grayburn Avenue
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
- 2 (2 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
Coliseum Street Elementary School
Grades K-5 • 0.7 mi
Forty-Second Street Elementary 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 | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 3.0 | 48% |
| Square foot | 1,513 | 1,911 | 19% |
| Lot Size | 5,842 | 6,402 | 27% |
| Price | $990.0K | $1.32M | 22% |
| Price per sq ft | $654 | $634 | 52% |
| Built year | 1942 | 1941 | 52% |
| HOA | $0 | $0 | 50% |
| Days on market | 157 | 182 | 37% |
Pricing History
Listed for Sale
Sep 30, 2025
$990,000
Initial Listing
Sold
Sep 8, 2021
$1,100,000
Public Record
Sold
Jun 29, 2016
$400,000
Public Record