
Los Angeles, California 90008
This 1928 Spanish Stucco residence represents a High-Potential Investment Opportunity, listed at a List Price of $999,000—positioned well below the $876,885 Fair Market Value by -13%. While the property requires a full rehab due to its Condition Rating of 5, the 1,713 sqft layout and original hardwood floors provide a solid foundation for value-add restoration. Located in Leimert Park, this asset is ideal for Fix-and-Flip Investors or Contractors seeking to capitalize on the historic architectural appeal of this high-demand neighborhood.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4150 5th Avenue Subject 3 bd · 2 ba · 1,713 sqft · $512 | $999,000* List Price | 3 | 2 | 1,713 | $512 | - |
A 4122 S Bronson Avenue Sold 3 bd · 2 ba · 1,729 sqft · $532 · 0.6 mi | $920,000 | 3 | 2 | 1,729 | $532 | 0.6 mi |
B 3895 3rd Avenue Sold 3 bd · 2 ba · 1,554 sqft · $457 · 0.4 mi | $710,000 | 3 | 2 | 1,554 | $457 | 0.4 mi |
C 3959 S Bronson Ave Active 2 bd · 2 ba · 1,539 sqft · $682 · 0.7 mi | $1,050,000 List Price | 2 | 2 | 1,539 | $682 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1928 and explicitly described as needing a remodel. The kitchen features dated cabinetry and tiling likely over 30 years old, and images show visible ceiling staining/damage and worn exterior stucco, indicating the property requires a full rehab.
This 1928 Spanish Stucco home in the desirable Leimert Park neighborhood offers timeless character and classic aesthetic appeal sought after in the Los Angeles market.
Featuring 'great bones' and original hardwood floors throughout, the property provides a high-quality structural canvas for a custom restoration or high-end flip.
Situated in the historic Park Hills Heights area, the property is located in a culturally rich and high-demand submarket with strong long-term appreciation potential.
The property is explicitly noted as needing a full remodel, which will require a substantial additional investment of capital and time beyond the purchase price.
The majority of the assigned public schools for this address have low performance ratings, which may limit the property's appeal to families prioritizing public education.
This house has great bones. Hardwood floors throughout. The house needs to be remodeled. Old Spanish Stucco in Leimert Park, 2-story, built in 1928. This is a property you must see to appreciate.
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 | 3.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,713 | 1,670.836 |
| Lot Size | 4,742 | 6,152.156 |
| Price | $999.0K | $1.34M |
| Price per sq ft | $583 | $807 |
| Built year | 1928 | 1941 |
| HOA | $0 | $238 |
| Days on market | 52 | 56 |
Oct 27, 2026
$999,000
$1,040,000
-4% Price Drop
Initial Listing
Sep 18, 2026
$1,040,000
Initial Listing