
Los Angeles, California 90008
This Distressed Value-Add Asset is listed at $930,000, aligning with its $879,673 Fair Market Value after significant price reductions from its original ask. While the interior boasts a modern chef's kitchen and luxurious primary suite, the property carries a Poor Condition Rating due to documented substandard city violations and permitting discrepancies. The requirement for cash or hard money financing targets buyers ready to resolve safety and legal issues. Located in vibrant Leimert Park near the Foshay Learning Center, this is a strategic opportunity for Fix-and-Flip Investors or Contractors to restore a high-potential residence.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4122 S Bronson Avenue Subject | $930,000* List Price | 3 | 2 | 1,729 | $521 | - |
A 3861 S Norton Avenue Sold | $900,000 | 3 | 2 | 1,732 | $520 | 0.4 mi |
B 3880 Olmsted Avenue Sold | $870,000 | 3 | 2 | 1,776 | $490 | 0.5 mi |
C 3810 Olmsted Avenue Sold | $890,000 | 3 | 2 | 1,692 | $526 | 0.6 mi |
D 3936 Olmsted Avenue Sold | $950,000 | 3 | 2 | 1,550 | $613 | 0.4 mi |
E 4011 Welland Avenue Sold | $900,000 | 3 | 2 | 2,056 | $438 | 0.4 mi |
F 3894 3rd Avenue Sold | $735,000 | 3 | 1 | 1,204 | $610 | 0.8 mi |
G 3849 Somerset Drive Active | $1,112,000 List Price | 2 | 2 | 2,167 | $513 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Although the property presents as a high-end renovation with a modern chef's kitchen, luxury bathrooms, and updated flooring, it is officially listed with city substandard violations and requires cash or hard money financing. Per the criteria, the 'poor' score is assigned because the substandard designation and legal violations indicate significant underlying defects affecting safety or structural integrity that contradict the cosmetic updates.
The property is ideally situated near the vibrant Leimert Park Village, offering residents convenient access to local shopping, dining, and cultural entertainment.
The primary bedroom serves as a true retreat, featuring a cozy fireplace, skylights for natural light, and a spa-like en-suite bathroom with a soaking tub and separate shower.
With multiple skylights throughout the home and a light-filled living room, the interior offers a bright and welcoming atmosphere that enhances the living experience.
The property is listed with substandard city violations, requiring the buyer to assume responsibility for significant repairs and legal compliance issues.
Due to its current condition and substandard status, the sale is restricted to cash or hard money loans only, excluding traditional mortgage buyers.
Tax records indicate a 2-bedroom configuration while the home functions as a 3-bedroom, suggesting potential unpermitted work that may complicate future resale or appraisals.
Price reduced! This inviting 3-bedroom, 2-bathroom home is perfectly situated near the vibrant Leimert Park Village, offering convenient access to shopping, dining, and entertainment. The light-filled living room provides a warm and welcoming space, perfect for relaxation or entertaining. The chef's kitchen is thoughtfully designed with high ceilings, a stainless steel stove, dishwasher, and plenty of space to prepare meals. The primary bedroom is a true retreat, featuring a cozy fireplace, a skylight that adds a touch of natural light, and a private door leading to the backyard. The en-suite bathroom complements the primary suite with its own skylight, a luxurious soaking tub, and a separate shower, creating a spa-like atmosphere bathed in sunlight. Two additional bedrooms offer comfortable living, with one featuring a skylight and direct backyard access. The ample-sized backyard is ideal for outdoor activities, gardening, or hosting gatherings, and the detached garage adds convenience and potential for additional storage or creative use. Combining comfort, elegance, and an unbeatable location, this home offers a wonderful lifestyle near everything Leimert Park Village has to offer. Schedule your private showing today to see it for yourself. Per tax records 2BR/2BA, functions with 3BR/2BA. Cash or Hard Money loan only. Substandard/city violations. See MLS folder for copy of Substandard Notice and list of violations.
No exterior & parking available.
Grades K-5 • 0.7 mi
Grades K-5 • 0.7 mi
Grades K-5 • 0.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,729 | 1,876 | 37% |
| Lot Size | 5,512 | 6,333 | 25% |
| Price | $930.0K | $1.24M | 23% |
| Price per sq ft | $538 | $612 | 35% |
| Built year | 1941 | 1940 | 58% |
| HOA | $0 | $0 | 50% |
| Days on market | 469 | 193 | 0% |
Feb 16, 2026
$930,000
$950,000
-2% Price Drop
Initial Listing
Jan 17, 2026
$950,000
$970,000
-2% Price Drop
Initial Listing
Sep 19, 2025
$970,000
$995,000
-3% Price Drop
Initial Listing
Aug 5, 2025
$995,000
Initial Listing
Jan 17, 2025
$1,240,000
Initial Listing
Sep 17, 2021
$910,000
Public Record
Aug 1, 2005
$550,000
Public Record
Jan 26, 2004
$389,000
Public Record