956 4th Avenue, Los Angeles, California 90019, Los Angeles, 90019 - 3 bed, 2 bath
956 4th Avenue
Los Angeles, California 90019
Property Price
SUMMARY
Analysis of 956 4th Avenue, Los Angeles, California 90019 reveals a property with a current list price of $1,299,000, which is 12% above the estimated $1,157,643 Fair Market Value. Buyers should carefully evaluate the pricing and consider negotiation opportunities. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Los Angeles Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 956 4th Avenue Subject | $1,299,000* List Price | 3 | 2 | 1,378 | $840 | - |
A 900 3rd Avenue Sold | $1,530,000 | 3 | 2 | 1,796 | $852 | 0.1 mi |
B 1654 5th Avenue Sold | $1,300,000 | 3 | 2 | 1,846 | $704 | 0.9 mi |
C 1026 Westchester Place Active | $1,495,000 List Price | 3 | 2 | 1,553 | $963 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
The property is in move-in ready condition and has been extensively updated. The kitchen features modern white shaker cabinets, stone countertops, a subway tile backsplash, and stainless steel appliances. Bathrooms have been modernized with contemporary tiling and updated vanities. The home features consistent hardwood flooring, recessed lighting, and a high-quality garage conversion that serves as a versatile bonus space. While the structure dates to 1952, the interior finishes and systems appear well-maintained and updated within the last 5 to 10 years, meeting the criteria for a 'good' condition rating.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7134, living area = 1378.
- Prime HPOZ Location
Situated in the prestigious Wilshire Park Historic Preservation Overlay Zone, this home offers timeless neighborhood character and exceptional proximity to Larchmont Village and Hancock Park.
- Versatile Bonus Space
The thoughtfully converted garage provides a flexible secondary space ideal for a home office, creative studio, or gym, significantly enhancing the property's functional utility.
CONSRISKS & DEFICIENCIES
- HPOZ Renovation Constraints
The property's location within an HPOZ means any exterior upgrades or additions are subject to strict historic preservation guidelines, which can increase the complexity and cost of renovations.
- Compact Interior Footprint
At 1,378 square feet for a three-bedroom configuration, the interior living areas may feel somewhat constrained compared to modern residential standards for the area.
About 956 4th Avenue
Welcome to this beautiful single-story residence located in the highly coveted Wilshire Park HPOZ. Set on an oversized lot, this 3-bedroom, 2-bath home is filled with natural light, creating an open, airy ambiance throughout. Designed with entertaining in mind, the expansive backyard offers ample space for alfresco dining, gatherings, and outdoor enjoyment. A thoughtfully converted garage provides a versatile BONUS SPACE ideal for a creative studio, home office, gym, or private retreat the possibilities are endless. The garden features mature, highly productive fruit trees, including both Fuyu and Hachiya persimmons, as well as a lemon tree. Ideally situated just moments from Hancock Park, Koreatown, Larchmont Village, Downtown Los Angeles, and Griffith Park, this home offers exceptional access to premier shopping, dining, cultural institutions, and museums combining timeless charm with unbeatable convenience.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1952
- Lot Size
- 7,134 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,378 | 1,767 | 23% |
| Lot Size | 7,134 | 6,102 | 77% |
| Price | $1.30M | $1.35M | 41% |
| Price per sq ft | $943 | $764 | 77% |
| Built year | 1952 | 1926 | 90% |
| HOA | $0 | $0 | 50% |
| Days on market | 8 | 172 | 3% |
Pricing History
Listed for Sale
Feb 26, 2026
$1,299,000
Initial Listing
Sold
May 31, 2022
$1,435,000
Public Record
Sold
May 2, 2018
$945,000
Public Record