4057 Baywood, Los Angeles, California 90039, Los Angeles, 90039 - 0 bed, 0 bath
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Los Angeles, California 90039
This Triplex Residential Income Asset represents a Strong Value Opportunity, listed at $1,190,000—positioned well below the $1,301,840 Fair Market Value by 8%. This valuation gap provides $111,840 in Instant Equity. With a Condition Rating of 4, the property features separate utility metering and a vacant rear unit with a private patio. Located near top-rated schools like Ivanhoe Elementary, this is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a high-potential, income-generating property in Atwater Village.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4057 Baywood Subject | $1,190,000* List Price | 0 | 0 | 2,275 | $572 | - |
A 4074 Veselich Sold | $1,425,000 | 0 | 0 | 2,375 | $600 | 0.6 mi |
B 4413 La Clede 2 Active | $1,150,000 List Price | 0 | 0 | 1,891 | $608 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property consists of a 1922 front house and a 1960 duplex. While the listing mentions it is well-maintained and photos show some updates like newer laminate flooring and stone countertops, the kitchen cabinetry and tile backsplash appear dated (likely 20+ years old). Given the age of the structures and the visible mix of older and mid-range finishes, it requires minor updates to systems and interiors to meet modern standards.
Elementary School: Ivanhoe Elementary School (9/10).
The property features three separate meters for water, gas, and electricity, which significantly simplifies property management and reduces overhead costs for the owner.
The rear 2-bedroom, 2-bathroom unit is currently vacant and includes a private courtyard, allowing for immediate occupancy by an owner-user or the ability to set market-rate rent.
With the front house dating back to 1922 and the duplex to 1960, the property may require more frequent maintenance or capital expenditures for system upgrades compared to newer builds.
Managing three separate households on a 7,005 sqft lot may lead to limited on-site parking and shared space challenges, which can be a drawback for some high-end tenants.
Don't miss out this well maintained triplex with 3 different addressees and 3 separate water, gas and electrical meters. The detached front house built in 1922 has 2 bed 1 bath; The duplex built in 1960 is comprised of 2 bed 1 bath (in middle) and 2 bed 2 bath (at rear). The rear unit has a private courtyard with fruit trees and is now vacant. The property is conveniently located and close to all amenities, facilities plus more.
No exterior & parking available.
Grades K-6 • 0.9 mi
Grades K-6 • 1.1 mi
Grades K-5 • 1.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 3.0 | 38% |
| Baths | 0.0 | 2.0 | 38% |
| Square foot | 2,275 | 2,143.5 | 50% |
| Lot Size | 7,005 | 6,043.5 | 88% |
| Price | $1.19M | $1.42M | 13% |
| Price per sq ft | $523 | $769 | 25% |
| Built year | 1922 | 1924 | 25% |
| HOA | $0 | $0 | 50% |
| Days on market | 20 | 122 | 13% |
May 31, 2026
$1,190,000
$999,990
+19% Price Increase
Initial Listing
May 26, 2026
$999,990
Initial Listing
Dec 26, 2008
$455,000
Public Record
Apr 21, 2006
$800,000
Public Record
Aug 1, 2005
$570,000
Public Record