
Los Angeles, California 90008
This Turnkey Single-Family Residence represents a High-Potential Investment Opportunity, listed at $1,299,999—positioned above the $1,236,873 Fair Market Value. While priced slightly above market, the property features a Comprehensive Turnkey Remodel and a Permitted Detached ADU, offering significant rental income potential. With a Condition Rating of 2, the home includes high-end finishes like quartz countertops and a spa-like primary suite. This versatile asset is an ideal acquisition for Buy-and-Hold Investors seeking immediate cash flow or Owner-Occupants looking for a sophisticated, move-in ready home with guest or rental space.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4068 Sutro Avenue Subject | $1,299,999* List Price | 4 | 4 | 1,551 | $797 | - |
A 4309 Sutro Avenue Sold | $1,215,000 | 3 | 3 | 1,525 | $797 | 0.3 mi |
B 4252 S Norton Sold | $1,260,000 | 4 | 3 | 1,977 | $637 | 0.6 mi |
C 4215 S Norton Avenue Sold | $1,100,000 | 3 | 2 | 1,448 | $760 | 0.6 mi |
D 3860 Hepburn Avenue Sold | $1,351,000 | 4 | 2 | 1,850 | $730 | 0.4 mi |
E 3401 W 41st Street Sold | $1,225,000 | 3 | 3 | 1,742 | $703 | 0.5 mi |
F 3961 Hepburn Avenue Sold | $1,585,000 | 2 | 2 | 2,154 | $736 | 0.3 mi |
G 4170 4th Avenue Active Under Contract | $1,149,000 List Price | 3 | 3 | 1,450 | $792 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property is a comprehensive turnkey remodel featuring a new roof, plumbing, electrical systems, and tankless water heater. The interior boasts a designer kitchen with quartz waterfall-edge islands and spa-like bathrooms with modern finishes, all completed within the last few years.
The property includes a fully permitted detached studio ADU with its own address (4070 Sutro Ave), providing immediate potential for rental income, a private home office, or multi-generational living.
This 1938 home has been extensively updated with modern infrastructure, including a new roof, plumbing, electrical systems, and a tankless water heater, offering a worry-free move-in experience.
The interior boasts high-end aesthetic upgrades such as farmhouse-style wood flooring, quartz countertops with a waterfall-edge island, and a spa-like primary suite with a soaking tub.
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 assigned local public schools carry low performance ratings (mostly 2/10), which may be a drawback for families prioritizing high-ranking educational facilities.
With a lot size under 5,000 square feet and a detached ADU occupying a portion of the footprint, the remaining backyard space is relatively compact for those seeking a large private yard.
Beautifully remodeled single-story home in the heart of Leimert Park featuring 3 bedrooms and 3 bathrooms across approximately 1,455 SF of stylish living space. Thoughtfully upgraded with new roof, plumbing, electrical, upgraded windows, and tankless water heater. Interior highlights include farmhouse-style wood flooring, a fireplace, and a designer kitchen with quartz countertops and waterfall-edge island. Spacious primary suite features a spa-like bath with soaking tub.French doors open to a private backyard with mature lemon and orange trees, perfect for indoor-outdoor living.Property also includes a fully permitted detached studio ADU with separate address (4070 Sutro Ave), complete with full kitchen, bathroom, skylight, and stackable washer/dryerideal for guests, office space, or rental income potential. Turnkey property in a prime central Los Angeles location near dining, shopping, Metro access, and Downtown LA.
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 | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 79% |
| Baths | 4.0 | 2.0 | 87% |
| Square foot | 1,551 | 1,891 | 23% |
| Lot Size | 4,939 | 6,502 | 17% |
| Price | $1.30M | $1.23M | 53% |
| Price per sq ft | $838 | $613 | 85% |
| Built year | 1938 | 1940 | 43% |
| HOA | $0 | $0 | 50% |
| Days on market | 29 | 160 | 2% |
May 16, 2026
$1,299,999
Initial Listing
Jun 2, 2022
$850,000
Public Record