
Leimert Park, California 90008
This Dual-Unit Craftsman Property is a Strong Value Opportunity, listed at $915,000—positioned well below the $975,873 Fair Market Value by 6%. This valuation gap offers $60,873 in Instant Equity. Featuring a Condition Rating of 3, the property includes a Granite Kitchen and Original Hardwood Floors. With two detached homes and ADU Potential on a 6,505 sqft lot, this is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking rental income or multi-generational living in Leimert Park.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3927 Arlington Avenue Subject | $915,000* List Price | 4 | 3 | 1,780 | $548 | - |
A 3895 3rd Avenue Sold | $710,000 | 3 | 2 | 1,554 | $457 | 0.2 mi |
B 3887 Roxton Sold | $875,000 | 2 | 1 | 1,571 | $557 | 0.2 mi |
C 3815 Welland Avenue Sold | $1,075,000 | 3 | 3 | 1,902 | $565 | 0.5 mi |
D 4260 S Norton Avenue Sold | $1,142,000 | 4 | 2 | 1,810 | $631 | 0.9 mi |
E 3907 Edgehill Drive Active | $999,000 List Price | 4 | 2 | 1,760 | $568 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While originally built in 1923, the property has undergone significant updates including tastefully remodeled bathrooms and a kitchen with granite countertops and custom cabinetry. The inclusion of dual-pane windows and well-maintained hardwood floors indicates a move-in ready condition consistent with a 5-15 year renovation cycle.
The property features two detached Craftsman homes delivered completely vacant, providing immediate flexibility for multi-generational living or high-yield rental income without tenant restrictions.
With two detached garages on a generous 6,505 sqft lot, there is significant potential for ADU conversions to further increase the property's density and long-term market value.
The residences perfectly blend 1920s architectural charm, such as original hardwood floors, with modern upgrades including remodeled kitchens with granite countertops and updated bathrooms.
The assigned public schools for this address have consistently low ratings, which may be a deterrent for families prioritizing high-performance educational districts.
Built in 1923, the property may require ongoing maintenance or capital improvements to aging systems typical of historic homes that were not explicitly noted as replaced.
Delivered Vacant! Rare Opportunity to Own Two Detached Craftsman Homes on One Lot in the Heart of Leimert Park! A truly special offering, this beautiful Craftsman property features two separate homes on one expansive lot, creating endless possibilities for owner-occupants, investors, multi-generational living, or those seeking additional rental income. The front residence offers 2 bedrooms, 2 bathrooms, plus a private office, ideal for today's work-from-home lifestyle. Overflowing with original Craftsman character, the home showcases gorgeous hardwood floors, timeless architectural details, abundant natural light, and an inviting floor plan. The updated kitchen features granite countertops, custom full-height cabinetry, and generous storage, while both bathrooms have been tastefully remodeled. A separate laundry room is conveniently located just off the kitchen. The detached rear residence is a spacious 1-bedroom, 1-bath home with its own private entrance, beautifully renovated bathroom, updated lighting, ceiling fans, dual-pane windows, and original hardwood flooring. The lush front yard and backyard is filled with mature trees and landscaping, offering a peaceful outdoor setting between the two homes. The property also includes two detached garages, providing excellent parking, storage, or potential ADU conversion opportunities (buyer to verify). One of the property's greatest advantages is that both homes will be delivered completely vacant, allowing the new owner to immediately move in, lease one or both homes, or create the ideal multi-generational living arrangement without existing tenant restrictions. Located in the historic Leimert Park neighborhood, you'll enjoy convenient access to Leimert Park Village, USC, Exposition Park, BMO Stadium, the Los Angeles Memorial Coliseum, Metro Rail, the California Science Center, the Natural History Museum, Downtown Los Angeles, and an exciting collection of local restaurants, cafes, and cultural attractions. This is a rare opportunity to own two character-filled detached homes in one of Los Angeles' most vibrant and appreciating neighborhoods.
No exterior & parking available.
Grades K-5 • 0.2 mi
Grades K-5 • 0.5 mi
Grades K-5 • 0.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 5.0 |
| Baths | 3.0 | 5.0 |
| Square foot | 1,780 | 3,200 |
| Lot Size | 6,505 | 6,002 |
| Price | $915.0K | $1.56M |
| Price per sq ft | $514 | $488 |
| Built year | 1923 | 1933 |
| HOA | $0 | $0 |
| Days on market | 27 | 111 |
Aug 13, 2026
$915,000
Initial Listing
Jun 5, 2006
$550,000
Public Record