3892 Cherrywood Avenue, Los Angeles, California 90008, Los Angeles, 90008 - 5 bed, 4 bath

3892 Cherrywood Avenue, Los Angeles, California 90008 home-pic-0

3892 Cherrywood Avenue

Los Angeles, California 90008

ACTIVE
CONDITION: GOOD
5Beds
4Baths
2,461Sq Ft
5,855Lot Size

Property Price

LIST PRICE$1,399,900
EST. MARKET VALUE
$1,442,048

SUMMARY

Analysis of 3892 Cherrywood Avenue, Los Angeles, California 90008 reveals a Fairly Priced Property with a current list price of $1,399,900  aligned with the estimated $1,442,048 Fair Market Value. This represents a stable investment opportunity at market rate. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. 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

$1,442,048
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
3892 Cherrywood Avenue
Subject
$1,399,900*
List Price
542,461$586-
A
3815 Welland Avenue
Sold
$1,075,000331,902$5650.2 mi
B
3481 Mount Vernon Drive
Sold
$1,635,000342,465$6630.9 mi
C
3884 S Norton Avenue
Sold
$1,170,000332,030$5760.2 mi
D
4325 9th Avenue
Sold
$1,378,000332,313$5960.7 mi
E
3825 Welland Avenue
Sold
$1,160,000431,768$6560.2 mi
F
3860 Hepburn Avenue
Sold
$1,351,000421,850$7300.2 mi
G
3816 S Victoria
Active
$1,400,000
List Price
542,326$6020.4 mi

* Subject property listed price vs sold prices of comps.

Condition Analysis

OVERALL CONDITION SCORE

Good
TeardownExcellent

Property is move-in ready.

The property is move-in ready and features a brand-new, fully permitted 842 sq. ft. ADU. The main house has undergone significant interior upgrades, including new flooring, recessed lighting, and a central HVAC system. However, it does not reach the 'excellent' level because the main bathroom was only 'refreshed' rather than fully renovated, and the exterior requires cosmetic updates and landscaping to improve curb appeal.

PROSSTRENGTHS & OPPORTUNITIES

  • Significant Income Potential

    The property features a newly constructed, fully permitted 842 sq. ft. ADU above the garage with 2 bedrooms and 1.5 bathrooms, offering immediate rental income or multigenerational living flexibility.

  • Modernized Interior & Infrastructure

    The main residence has been extensively upgraded with a 360 sq. ft. addition, new central HVAC, recessed lighting, and updated flooring and moldings throughout, ensuring a contemporary living experience.

  • Prime Leimert Park Location

    Situated in a well-established residential community, the property offers a rare combination of privacy with tall block walls and the charm of a highly sought-after Los Angeles neighborhood.

CONSRISKS & DEFICIENCIES

  • MLS Listing Discrepancy

    Living area discrepancy between mls listing and other public or private record. mls listing living area = 2461, other record living area = 1260. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 2.

  • Exterior Curb Appeal

    The exterior of the property requires cosmetic updates and landscaping to bring it to the same standard as the renovated interior and maximize its market value.

  • Low Local School Ratings

    The assigned public schools for this address currently hold low performance ratings, which may be a drawback for families prioritizing high-ranking educational districts.

About 3892 Cherrywood Avenue

***SFR + ADU in Leimert Park*** Why purchase one, when you can get 2 for the same price??? This is precisely what this property offers - a rare combination of comfortable living and strong income potential. Main house features 3 bedrooms, 2 bathrooms and a den. Surrounded primarily by single-family homes, the property provides privacy with tall block walls along most of the perimeter while still enjoying the charm of a well-established residential community. With major improvements, which include a 360 sq. ft. addition to the main house that added a den, bedroom, and bathroom. Interior upgrades: new flooring and moldings throughout, recessed lighting, ceiling fans with two oversized bedrooms, updated interior paint, central HVAC, and a refreshed original bathroom featuring new flooring, tub, vanity, and lighting. However, the major highlight of the property is the newly constructed 842 sq. ft. ADU above the garage, featuring 2 bedrooms and 1.5 bathrooms. The ADU is fully permitted and offers immediate flexibility for rental income, multigenerational living, or guest space. While the interior improvements and new construction ADU provide significant value, the exterior presents an opportunity for the next owner to enhance curb appeal with some cosmetic updates and landscaping. With its prime Leimert Park location, substantial interior upgrades, and brand-new permitted ADU, this property presents a compelling opportunity for buyers seeking additional living space and income potential. Come take a look and see why two is better than one.

Property Details

Public Facts

Property Type
Single Family Residence
Year Built
1941
Lot Size
5,855 Sq. Ft.

Interior

Total Bedrooms
5
Total Bathrooms
4 (4 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 • 0.4 mi

2/10

Forty-Second Street Elementary School

Grades K-5 • 0.7 mi

2/10

Sixth Avenue Elementary School

Grades K-5 • 0.8 mi

3/10

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds5.03.0
90%
Baths4.03.0
83%
Square foot2,4611,961
70%
Lot Size5,8556,402
27%
Price$1.40M$1.32M
62%
Price per sq ft$569$634
37%
Built year19411941
50%
HOA$0$0
50%
Days on market2183
2%

Pricing History

Listed for Sale

Mar 5, 2026

$1,399,900

Initial Listing

Sold

Mar 1, 2001

$216,000

Public Record

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