4900 8th Avenue, Los Angeles, California 90043, Los Angeles, 90043 - 3 bed, 3 bath
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Los Angeles, California 90043
This Charming 1920s Residence is a Strong Value Opportunity, listed at $779,950—positioned well below the $820,248 Fair Market Value by 4%. This valuation gap provides $40,298 in Instant Equity. Boasting a Condition Score of 3, the home is move-in ready with an optimal 3-bedroom, 3-bathroom layout and a spacious 6,743 sqft lot ideal for a potential ADU. Access to the 9/10 rated Middle College High School adds significant long-term appeal. This is a perfect match for Owner-Occupants or first-time buyers seeking a turnkey home with built-in growth potential.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4900 8th Avenue Subject | $779,950* List Price | 3 | 3 | 1,213 | $676 | - |
A 5113 5th Avenue Sold | $905,000 | 3 | 2 | 1,315 | $688 | 0.2 mi |
B 4904 7th Avenue Sold | $693,000 | 3 | 2 | 1,090 | $636 | 0.1 mi |
C 4524 2nd Avenue Sold | $905,000 | 3 | 3 | 1,323 | $684 | 0.4 mi |
D 5445 S Victoria Sold | $900,000 | 3 | 2 | 1,401 | $642 | 0.6 mi |
E 5814 Arlington Sold | $830,000 | 3 | 2 | 1,110 | $748 | 0.8 mi |
F 5126 6th Ave Active | $850,000 List Price | 3 | 3 | 1,176 | $723 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although built in 1921, the property has undergone a mid-range renovation (likely 10-15 years ago) featuring a functional kitchen with granite countertops and stainless steel appliances. The interior is move-in ready with fresh paint, updated laminate flooring in bedrooms, and functional bathrooms, meeting the criteria for a well-maintained older home.
High School: Middle College High School (9/10).
The property sits on a substantial 6,743 sqft lot with a detached garage and long driveway, providing ample space for a potential Accessory Dwelling Unit (ADU) or future home expansion.
Featuring fresh interior paint, tile flooring, and an open-concept layout filled with natural light, the home offers a clean and modern aesthetic that is ready for immediate occupancy.
The majority of the assigned public schools in the immediate area carry low ratings (1-3 out of 10), which may be a concern for families and could impact long-term appreciation.
As a structure built in 1921, the property may have aging mechanical, electrical, or plumbing systems that require significant capital investment beyond the recent cosmetic updates.
Welcome to 4900 8th Ave, where charm, simplicity, and that classic Los Angeles vibe come together in the best way. Set on a quiet street lined with tall palm trees, this freshly painted home greets you with warmth before you even step inside. As you walk in, you’re met with a bright, open living space filled with natural light pouring through large windows. The clean white walls and tile flooring give the home a fresh, airy feel, creating a blank canvas that is easy to make your own. The layout flows comfortably from room to room, with just the right balance of openness and defined spaces. The kitchen and dining areas feel connected and practical, making everyday living and hosting feel effortless. Each bedroom offers a cozy retreat, with natural light and a calm, simple atmosphere that makes it easy to unwind. Step outside and you’ll find a spacious backyard with tons of potential. Whether you envision weekend gatherings, gardening, or expanding the space, there is room here to bring your ideas to life. The detached garage and long driveway add convenience and flexibility with a secure gate and fully fenced yard! Living here means enjoying not just the home, but the neighborhood. Mature palm trees, wide streets, and that unmistakable LA character make every drive home feel just right. This is the kind of home that feels easy, comfortable, and full of possibility. Call your Realtor to schedule a tour and make an offer today!
No exterior & parking available.
Grades K-5 • 0.3 mi
Grades K-5 • 0.6 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 | 3.0 | 2.0 | 65% |
| Square foot | 1,213 | 1,503.5 | 24% |
| Lot Size | 6,743 | 6,294 | 64% |
| Price | $780.0K | $857.7K | 35% |
| Price per sq ft | $643 | $620 | 59% |
| Built year | 1921 | 1927 | 12% |
| HOA | $0 | $0 | 50% |
| Days on market | 11 | 158 | 1% |
Apr 22, 2026
$779,950
Initial Listing
Mar 25, 2016
$345,000
Public Record