4048 Abourne Road C, Los Angeles, California 90008, Los Angeles, 90008 - 1 bed, 1 bath
4048 Abourne Road C
Los Angeles, California 90008
Property Price
SUMMARY
Analysis of 4048 Abourne Road C, Los Angeles, California 90008 is currently available with a list price of $380,000. 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.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
Built in 1948, this property is aged but appears well-maintained with original hardwood floors in good condition. The kitchen features dated cabinets, laminate countertops, and a basic white stove, though a brand-new washer/dryer combo and newer laminate flooring are positive updates. The bathroom also has newer laminate flooring but features an older tiled shower and a pedestal sink, indicating an older renovation or original fixtures that are functional but aesthetically outdated. The presence of a window AC unit suggests no central cooling. While move-in ready and clean, the property requires minor updates to modernize the kitchen and bathroom styles, a need acknowledged by the seller's offer of an improvement credit.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
Elementary School: Farragut Elementary School (9/10).
- Exceptional Location & Connectivity
The property boasts a prime location with close proximity to Baldwin Hills Scenic Overlook, easy access to major freeways (I-10, I-405), and a short drive to downtown Los Angeles, Culver City, and other popular destinations.
- Attractive Price Point & Flexible Terms
A significant price reduction from the original list price, combined with the seller's offer of improvement credits and a lease-to-own option, presents a highly appealing and flexible opportunity for buyers.
CONSRISKS & DEFICIENCIES
- Building Age
Constructed in 1948, the building is over 75 years old, which may suggest potential for older infrastructure or common area maintenance concerns, despite HOA coverage.
- History of Price Reductions
Multiple price drops from the initial listing price could indicate previous overvaluation or extended market time, potentially leading to buyer scrutiny regarding the property's value or condition.
- Compact Living Space
At 741 sqft, the 1-bedroom unit offers a compact living arrangement, which might not appeal to buyers seeking more expansive living areas or those with larger space requirements.
About 4048 Abourne Road C
PRICE REDUCTION! Perfect property as an investment or primary residence!!! Welcome to this charming 1-bedroom, 1-bathroom condo nestled in the scenic Baldwin Hills neighborhood of Los Angeles, CA. This well-maintained unit offers a perfect blend of comfort, convenience, and modern living. Seller is open to LEASE WITH AN OPTION TO BUY. Ask for details. Key features include a spacious bedroom with ample closet space. Bright and airy living room with large windows. Cozy dining area for intimate meals. Beautiful and original hardwood floors throughout for easy maintenance and a brand-new washer/dryer combo installed inside the unit. Assigned parking space included. Community amenities such as a swimming pool and landscaped grounds. Location highlights include close proximity to Baldwin Hills Scenic Overlook for outdoor recreation and panoramic views. Easy access to major freeways (I-10, I-405) for commuting. Nearby shopping, dining, and entertainment options. Short drive to downtown Los Angeles, Culver City, and other popular destinations. Family-friendly neighborhood with parks and schools nearby. Additional Information: ***Seller is willing to provide a credit for improvement. HOA fees cover common area maintenance, landscaping, and amenities. Pet-friendly building (subject to restrictions). Don't miss out on this opportunity to own a stylish condo in Baldwin Hills, offering a perfect combination of urban living and natural beauty. Schedule a showing today and make this your new home!
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1948
- Lot Size
- 46,289 Sq. Ft.
Interior
- Total Bedrooms
- 1
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $350.0 / Month
Neighborhood Insights
Los Angeles Unified Schools
Hillcrest Drive Elementary School
Grades K-5 • 0.2 mi
Coliseum Street Elementary School
Grades K-5 • 0.5 mi
Virginia Road Elementary School
Grades K-5 • 1.2 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 2.0 | 40% |
| Baths | 1.0 | 1.0 | 50% |
| Square foot | 741 | 741 | 50% |
| Lot Size | 46,289 | 37,387 | 60% |
| Price | $380.0K | $450.0K | 20% |
| Price per sq ft | $513 | $513 | 50% |
| Built year | 1948 | 1961 | 40% |
| HOA | $350.0 | $350 | 50% |
| Days on market | 262 | 210 | 80% |
Pricing History
Listed for Sale
Nov 9, 2025
$380,000
$426,999
-11% Price Drop
Initial Listing
Price Change
Oct 19, 2025
$426,999
$436,999
-2% Price Drop
Initial Listing
Price Change
Sep 25, 2025
$436,999
$450,000
-3% Price Drop
Initial Listing
Price Change
Jun 17, 2025
$450,000
Initial Listing
Sold
Apr 22, 2016
$160,000
Public Record
Sold
Sep 5, 2002
$57,254
Public Record