
Los Angeles, California 90008
This Dual-Unit Residential Asset is a Prime Investment Opportunity, listed at $1,199,999—positioned well below the $1,226,709 Fair Market Value by 2%. This valuation gap offers $26,710 in Instant Equity. Featuring a Mint Condition Rating with a remodeled main house and a permitted detached ADU, the property provides immediate rental income potential. With no HOA and modern infrastructure, it is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking to offset mortgage costs through house hacking.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4068 Sutro Avenue Subject 4 bd · 4 ba · 1,551 sqft · $791 | $1,199,999* List Price | 4 | 4 | 1,551 | $791 | - |
A 4224 6th Avenue Sold 3 bd · 2 ba · 1,261 sqft · $904 · 0.2 mi | $1,140,000 | 3 | 2 | 1,261 | $904 | 0.2 mi |
B 4247 7th Avenue Sold 3 bd · 3 ba · 1,413 sqft · $938 · 0.3 mi | $1,325,000 | 3 | 3 | 1,413 | $938 | 0.3 mi |
C 4170 4th Avenue Sold 3 bd · 3 ba · 1,450 sqft · $779 · 0.1 mi | $1,130,000 | 3 | 3 | 1,450 | $779 | 0.1 mi |
D 4115 Edgehill Drive Sold 3 bd · 2 ba · 1,660 sqft · $542 · 0.5 mi | $900,000 | 3 | 2 | 1,660 | $542 | 0.5 mi |
E 3936 Olmsted Avenue Sold 3 bd · 2 ba · 1,550 sqft · $865 · 0.4 mi | $1,340,000 | 3 | 2 | 1,550 | $865 | 0.4 mi |
F 3806 Cherrywood Sold 3 bd · 4 ba · 1,629 sqft · $827 · 0.6 mi | $1,347,000 | 3 | 4 | 1,629 | $827 | 0.6 mi |
G 3905 Roxton Avenue Sold 3 bd · 2 ba · 1,762 sqft · $755 · 0.3 mi | $1,330,000 | 3 | 2 | 1,762 | $755 | 0.3 mi |
H 4312 9th Avenue Sold 3 bd · 2 ba · 1,721 sqft · $607 · 0.4 mi | $1,045,000 | 3 | 2 | 1,721 | $607 | 0.4 mi |
I 4111 Edgehill Drive Active Under Contract 2 bd · 2 ba · 1,358 sqft · $700 · 0.5 mi | $950,000 List Price | 2 | 2 | 1,358 | $700 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property has undergone a comprehensive recent remodel featuring a designer kitchen with quartz waterfall island and modern bathrooms. All major systems are new, including the roof, plumbing, and electrical, along with a tankless water heater and a newly permitted ADU, meeting the criteria for mint condition with no maintenance required.
The property features a remodeled main house plus a fully permitted, detached ADU, offering exceptional versatility for house hacking, multigenerational living, or generating a projected $78,000 in annual gross rental income.
Beyond the designer kitchen and primary suite aesthetics, the home boasts significant infrastructure improvements including a new roof, updated plumbing, new electrical systems, and a tankless water heater, reducing immediate capital expenditure for a buyer.
Situated in the heart of Leimert Park, the property offers high rental demand and convenience due to its proximity to USC, Culver City, Downtown LA, and the Metro line.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1551, other record living area = 1891. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
The majority of the assigned public schools for this address carry low ratings (2/10), which may limit the property's appeal to families prioritizing high-performing educational environments.
With two separate dwellings situated on a 4,939 square foot lot, the available yard space and privacy between the front house and ADU are relatively constrained compared to traditional single-family residences.
NEW PRICE. Two homes, one deed, in the heart of Leimert Park. 4068 Sutro Ave is a remodeled 3 bed / 3 bath front house (~1,551 SF). 4070 Sutro Ave is a fully permitted, separately addressed detached ADU with its own kitchen, bath, skylight, and in-unit laundry.It works three ways. House hackers can live in the front and let the ADU help cover the mortgage. Multigenerational households get two private living spaces, each with its own entrance and kitchen. 1031 exchange buyers get two rentable units from day one.The front house has farmhouse-style hardwood floors, a fireplace, and a designer kitchen with a quartz waterfall island. The primary suite has a soaking tub and French doors that open to a private backyard with mature fruit trees. The roof, plumbing, and electrical are new, and there's a tankless water heater.Established rental corridor, so rental demand here is proven, not projected. Estimated market rents are $4,750/mo for the front house and $1,750/mo for the ADU, about $78,000/yr gross. No HOA. No shared walls. Minutes to USC, 1520 to Culver City, and close to Downtown LA, dining, and Metro.
No exterior & parking available.
Grades K-5 • 0.2 mi
Grades K-5 • 0.4 mi
Grades K-5 • 1.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 4.0 | 2.0 |
| Square foot | 1,551 | 1,670.836 |
| Lot Size | 4,939 | 6,152.156 |
| Price | $1.20M | $1.34M |
| Price per sq ft | $774 | $807 |
| Built year | 1938 | 1941 |
| HOA | $0 | $238 |
| Days on market | 32 | 56 |
Oct 10, 2026
$1,199,999
Initial Listing
Oct 8, 2026
$1,999,999
Initial Listing
Jun 2, 2022
$850,000
Public Record