4056 Creed, Los Angeles, California 90008, Los Angeles, 90008 - bed, bath
4056 Creed
Los Angeles, California 90008
Property Price
SUMMARY
Analysis of 4056 Creed, Los Angeles, California 90008 is currently available with a list price of $925,000. 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 1939, this duplex is described as well-maintained with interiors in good condition. While functional and livable, the property shows signs of being outdated. The bathrooms feature original-style tile work and fixtures, indicating they haven't been extensively renovated in many years. One kitchen appears to have more modern stainless steel appliances and updated cabinets, while the other retains older white appliances and tile countertops. The overall condition suggests regular upkeep but would benefit from cosmetic updates to modernize the dated elements, particularly in the bathrooms and one of the kitchens.
PROSSTRENGTHS & OPPORTUNITIES
- Income-Generating Duplex
The property is a well-maintained duplex offering two spacious 2-bedroom, 1-bathroom units, providing immediate rental income potential or an owner-occupant opportunity.
- Prime Leimert Park Location
Situated in the heart of Leimert Park, a desirable Los Angeles neighborhood, on a quiet tree-lined street with convenient access to local cafés, parks, and markets.
- ADU Potential
The existing three-car garage presents a strong opportunity for an Accessory Dwelling Unit (ADU) conversion, which could significantly increase rental income and property value.
CONSRISKS & DEFICIENCIES
- Age of Property & Potential System Updates
Built in 1939, while well-maintained, the property's age may imply a need for future investment in updating major systems (e.g., electrical, plumbing, HVAC) to modern standards, which is not explicitly detailed as having been done.
- Predominantly Low School Ratings
Many of the nearby public schools have ratings of 2, which could be a deterrent for prospective tenants or owner-occupants with school-aged children seeking higher-rated educational options.
- Recent Price Reduction
The property has undergone a price reduction from $975,000 to $925,000, which could suggest initial overpricing or a longer-than-anticipated market time, potentially indicating a need for a more competitive offering.
About 4056 Creed
Welcome to 4056 Creed Avenue, a well maintained duplex in the heart of Leimert Park offering two spacious 2 bedroom 1 bathroom units. Both units feature comfortable living rooms, separate dining areas, and in-unit laundry hookups, making them ideal for everyday living. The interiors are in good condition and feel warm and inviting. The property includes a three car garage that may offer a strong opportunity for an ADU addition with the right plans and permits. The location is one of the highlights, set on a quiet tree lined street with easy access to neighborhood cafés, parks, and other local markets. Whether you are looking to live in one unit and rent the other or add a reliable investment to your portfolio, 4056 Creed Avenue presents a great opportunity in one of Los Angeles’ most desirable neighborhoods.
Property Details
Public Facts
- Property Type
- Duplex
- Year Built
- 1939
- Lot Size
- 3,859 Sq. Ft.
Interior
- Total Bedrooms
- -
- Total Bathrooms
- -
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Los Angeles Unified Schools
Forty-Second Street Elementary School
Grades K-5 • 0.3 mi
Tom Bradley Global Awareness Magnet School
Grades K-5 • 0.3 mi
Sixth Avenue Elementary School
Grades K-5 • 1.1 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | - | - | 50% |
| Baths | - | - | 50% |
| Square foot | 2,376 | 2,376 | 50% |
| Lot Size | 3,859 | 6,478 | 20% |
| Price | $925.0K | $1.16M | 20% |
| Price per sq ft | $389 | $460 | 20% |
| Built year | 1939 | 1939 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 108 | 134 | 40% |
Pricing History
Listed for Sale
Dec 16, 2025
$925,000
$975,000
-5% Price Drop
Initial Listing
Price Change
Nov 18, 2025
$975,000
Initial Listing
Sold
Oct 3, 2000
$267,000
Public Record