3984 Barrett Rd, Los Angeles, California 90032, Los Angeles, 90032 - 2 bed, 1 bath
Loading property details...
3984 Barrett Rd
Los Angeles, California 90032
ACTIVE UNDER CONTRACT
CONDITION: FAIR
2Beds
1Baths
1,128Sq Ft
4,712Lot Size
Property Price
LIST PRICE$775,000
EST. MARKET VALUE
$742,701
4% AboveMARKET VALUE
SUMMARY
This property presents a High-Potential Investment Opportunity with a List Price of $775,000—positioned above the $742,702 Fair Market Value by 4%. While the property requires capital for modernization, its Fair Condition Rating and 1923 architectural character offer a clear path to forced appreciation. The home features original hardwood floors and a spacious layout, providing a solid foundation for value-add renovations. This is a strategic acquisition for Buy-and-Hold Investors or Owner-Occupants seeking to build equity in the El Sereno market.
Estimated Market Value
$742,701
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 |
|---|---|---|---|---|---|---|
★ 3984 Barrett Rd Subject | $775,000* List Price | 2 | 1 | 1,128 | $658 | - |
A 5377 Oakland Sold | $754,000 | 2 | 1 | 1,253 | $602 | 0.3 mi |
B 4317 Winchester Sold | $828,000 | 4 | 3 | 1,134 | $730 | 0.5 mi |
C 4482 Richard Drive Sold | $860,000 | 2 | 2 | 1,192 | $721 | 0.5 mi |
D 5436 5436 Norwich Sold | $850,000 | 3 | 2 | 1,370 | $620 | 0.6 mi |
E 5244 Almont Street Sold | $875,000 | 3 | 2 | 1,276 | $686 | 0.1 mi |
F 3300 Thelma Avenue Sold | $660,000 | 2 | 1 | 960 | $688 | 0.8 mi |
G 2916 Vaquero Sold | $790,000 | 3 | 2 | 1,342 | $589 | 0.9 mi |
H 5172 Wadena Active | $639,000 List Price | 2 | 2 | 830 | $770 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1923 with a kitchen update likely exceeding 20 years. The property shows visible wear including peeling porch ceilings and dated bathroom fixtures. While functional and featuring original hardwoods, the 'as-is' status and aged systems (wall heater) indicate a need for minor repairs and modernization.
PROSSTRENGTHS & OPPORTUNITIES
- Historic Character
Built in 1923, this home retains classic architectural charm featuring original hardwood floors, a brick fireplace, and elegant arched openings that appeal to vintage enthusiasts.
- Strategic Location
Situated in the desirable El Sereno neighborhood, the property offers exceptional proximity to Downtown LA, Chinatown, and major freeways, making it ideal for commuters.
- Investment Potential
The property presents a significant value-add opportunity for investors or homeowners to build equity by modernizing the spacious kitchen and living areas while preserving its original charm.
CONSRISKS & DEFICIENCIES
- As-Is Condition
The property is being sold in as-is condition, which implies the need for immediate capital investment for repairs, upgrades, or deferred maintenance.
- Limited Bathroom Count
With only one bathroom for a two-bedroom residence, the layout may be a drawback for modern families or buyers looking for higher utility and convenience.
About 3984 Barrett Rd
Welcome to 3984 Barrett Road, a charming 2-bedroom, 1-bath home in the heart of El Sereno. Step inside to a light-filled living room featuring beautiful hardwood floors, a classic brick fireplace framed by windows, and a charming arched opening leading into the dining area. The spacious kitchen offers generous cabinet and counter space, tile flooring, and plenty of natural light. This property offers an excellent opportunity for a homeowner or investor to bring their vision and make it their own while preserving the character and charm of this classic Los Angeles home. Conveniently located near schools, shopping, dining, and Huntington Drive, with easy access to the 10, 110, and 710 freeways, as well as Downtown Los Angeles, Chinatown, Olvera Street, and Dodger Stadium. Property is being sold as-is.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1923
- Lot Size
- 4,712 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 1,128 | 1,664.159 |
| Lot Size | 4,712 | 6,066.556 |
| Price | $775.0K | $1.35M |
| Price per sq ft | $687 | $806 |
| Built year | 1923 | 1939 |
| HOA | $0 | $278 |
| Days on market | 15 | 55 |
Pricing History
Listed for Sale
Aug 25, 2026
$775,000
Initial Listing