4053 Barrett, Los Angeles, California 90032, Los Angeles, 90032 - 3 bed, 2 bath
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4053 Barrett
Los Angeles, California 90032
ACTIVE
CONDITION: FAIR
3Beds
2Baths
1,343Sq Ft
7,163Lot Size
Property Price
LIST PRICE$789,000
EST. MARKET VALUE
$855,906
7% BelowMARKET VALUE
SUMMARY
This Single Family Residence presents a Strong Value Opportunity, listed at $789,000—positioned well below the $831,126 Fair Market Value by 5%. This valuation gap offers $42,126 in Instant Equity for the buyer. With a Condition Rating of 4, the home is move-in ready but offers significant potential for modernization. Featuring scenic valley views, a large 7,163 sqft lot, and flexible bonus space, this property is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking long-term appreciation.
Estimated Market Value
$855,906+$66,906 Equity Potential
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 |
|---|---|---|---|---|---|---|
★ 4053 Barrett Subject 3 bd · 2 ba · 1,343 sqft · $637 | $789,000* List Price | 3 | 2 | 1,343 | $637 | - |
A 4134 Guardia Sold 2 bd · 1 ba · 1,126 sqft · $560 · 0.1 mi | $630,000 | 2 | 1 | 1,126 | $560 | 0.1 mi |
B 3433 Lowell Sold 3 bd · 2 ba · 1,529 sqft · $559 · 0.5 mi | $855,000 | 3 | 2 | 1,529 | $559 | 0.5 mi |
C 5234 Newtonia Sold 2 bd · 2 ba · 1,126 sqft · $644 · 0.3 mi | $725,000 | 2 | 2 | 1,126 | $644 | 0.3 mi |
D 5244 Almont Street Sold 3 bd · 2 ba · 1,276 sqft · $686 · 0.1 mi | $875,000 | 3 | 2 | 1,276 | $686 | 0.1 mi |
E 5026 Chester Sold 2 bd · 2 ba · 1,120 sqft · $500 · 1.0 mi | $560,000 | 2 | 2 | 1,120 | $500 | 1.0 mi |
F 4482 Richard Drive Sold 2 bd · 2 ba · 1,192 sqft · $721 · 0.4 mi | $860,000 | 2 | 2 | 1,192 | $721 | 0.4 mi |
G 5377 Oakland Sold 2 bd · 1 ba · 1,253 sqft · $602 · 0.3 mi | $754,000 | 2 | 1 | 1,253 | $602 | 0.3 mi |
H 5436 5436 Norwich Sold 3 bd · 2 ba · 1,370 sqft · $620 · 0.6 mi | $850,000 | 3 | 2 | 1,370 | $620 | 0.6 mi |
I 5368 Oakland Street Active 2 bd · 2 ba · 1,380 sqft · $724 · 0.3 mi | $999,000 List Price | 2 | 2 | 1,380 | $724 | 0.3 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 1988 (36 years old), the home is well-maintained but dated. The kitchen features older oak cabinetry and tile countertops, and the bathrooms show older tile work. While recent cosmetic updates like fresh interior paint and engineered wood flooring make it move-in ready, the primary wet areas and overall aesthetic reflect a 15-30 year old renovation style that needs modernization.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7163, living area = 1343.
- Scenic Valley Views
The property features large windows and a private balcony that offer expansive views of the surrounding valley and city lights, providing a serene backdrop for the living spaces.
- Strategic Location
Ideally situated in El Sereno, the home offers quick access to major hubs including Downtown Los Angeles, the Arts District, and South Pasadena, making it a prime spot for commuters.
CONSRISKS & DEFICIENCIES
- Dated Kitchen Finishes
The kitchen utilizes tile countertops, which may be considered dated by modern buyers who typically prefer contemporary stone or quartz surfaces.
- Compact Square Footage
With 1,343 square feet distributed across three bedrooms and two stories, the interior layout may feel somewhat constrained for those seeking a more spacious residential footprint.
About 4053 Barrett
Situated in the vibrant El Sereno (Los Angeles, CA) neighborhood with exceptional easy access to Downtown Los Angeles—just minutes from the Arts District, Dodger Stadium, and the heart of the city—this two-story home at 4053 Barrett Rd also places you near Cal State University (Los Angeles), Huntington Hospital (a Cedars-Sinai affiliate) as well as other nearby hospitals, South Pasadena and Colorado Boulevard, Alhambra, Lincoln Heights, major employment centers, entertainment, shopping, and dining. Enjoy valley and city views from this charming 3-bedroom, 2-bathroom residence. An open-concept living and dining area flows into a kitchen with tile countertops, while large windows fill the home with abundant natural light. Recent interior paint, a blend of engineered wood flooring and carpet, central air conditioning and heat, plus washer/dryer hookups in the garage. The home features a 2-car attached large garage with additional driveway space for one full-size vehicle and one compact car. Relax on the welcoming front porch or first-floor balcony with valley views. An area beneath the first floor with exterior access offers flexible potential (Buyer to verify permitted uses with the City of Los Angeles). Experience the best of El Sereno living—prime location near major employment centers, entertainment, shopping, and dining, with effortless Downtown access —in this inviting home!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1988
- Lot Size
- 7,163 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
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,343 | 1,670.836 |
| Lot Size | 7,163 | 6,152.156 |
| Price | $789.0K | $1.34M |
| Price per sq ft | $587 | $807 |
| Built year | 1988 | 1941 |
| HOA | $0 | $238 |
| Days on market | 58 | 56 |
Pricing History
Listed for Sale
Sep 12, 2026
$789,000
Initial Listing
Sold
Dec 17, 2002
$160,000
Public Record