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3417 4th Avenue, Los Angeles, California 90018, Los Angeles, 90018 - 3 bed, 2 bath

3417 4th Avenue, Los Angeles, California 90018 home-pic-0
ACTIVE$829,000
3417 4th Avenue, Los Angeles, California 90018
3Beds
2Baths
2,422Sqft
5,615Lot
Year Built
1923
Close
-
List price
$829K
Original List price
$950K
Price/Sqft
$342
HOA
-
Days on market
-
Sold On
-
MLS number
IV25039054
Home ConditionPoor
Features
ViewNeighborhood

About this home

We found 3 Cons,5 Pros. Rank: price - $829.0K(62th), sqft - 2422(54th), beds - 3(69th), baths - 2(69th).

Welcome to this classic Craftsman-style duplex located in Jefferson Park, Los Angeles, just two miles from the USC Campus. This property retains the timeless allure of Craftsman architecture. The front unit is a 3-bedroom dwelling, featuring built-in shelving and intricate detailing throughout. The rear unit, currently tenant-occupied, is a 1-bedroom retreat, suitable for use as a rental unit, guest quarters, or a home office. Conveniently located near various restaurants and cafes, this duplex provides easy access to a diverse range of culinary options. The property also offers yard space, suitable for a small garden or enjoying the fresh air. With its proximity to USC Campus, public transportation, and local amenities, this Craftsman duplex provides a wonderful opportunity to experience the best of Los Angeles living. Schedule a showing today and discover the enduring appeal of this Jefferson Park gem.

Nearby schools

3/10
Sixth Avenue Elementary School
Public,•K-5•0.1mi
4/10
Birdielee V. Bright Elementary School
Public,•K-5•0.6mi
2/10
Tom Bradley Global Awareness Magnet School
Public,•K-5•0.7mi
2/10
Twenty-Fourth Street Elementary School
Public,•K-5•0.9mi
5/10
Virginia Road Elementary School
Public,•K-5•1.1mi
3/10
Arlington Heights Elementary School
Public,•K-5•1.2mi
2/10
Audubon Middle School
Public,•6-8•1.2mi
3/10
Johnnie Cochran, Jr., Middle School
Public,•6-8•1.3mi
5/10
Foshay Learning Center
Public,•K-12•1.0mi
2/10
Susan Miller Dorsey Senior High School
Public,•9-12•1.4mi
4/10
West Adams Preparatory High School
Public,•9-12•2.1mi
4/10
Los Angeles Senior High School
Public,•9-12•2.3mi

Price History

Date
Event
Price
10/12/25
Price Change
$829,000-2.5%
08/22/25
Price Change
$850,000-4.4%
08/16/25
Price Change
$889,000
03/01/25
Listing
$950,000
Condition Rating
Poor
Built in 1923, this property is over 100 years old with no evidence of extensive recent renovations. The interior features worn, dated carpets throughout, an extremely outdated bathroom with an old tub, small beige tiles, and a basic vanity. Light fixtures are old-fashioned, and the overall aesthetic is tired and dingy. While the Craftsman architecture offers charm, the property requires substantial rehabilitation, including likely major system upgrades (electrical, plumbing, HVAC) due to its age, and a complete overhaul of the kitchen (not pictured but inferred from other rooms) and bathrooms to meet modern living standards. It is uncomfortable to live in its current state without significant investment.
Pros & Cons

Pros

Income-Generating Duplex: The property is a duplex with a tenant-occupied rear unit, providing immediate rental income potential and flexibility for the front unit.
Prime Location: Located in Jefferson Park, just two miles from the USC Campus, offering convenient access to a diverse range of restaurants, cafes, and public transportation.
Historic Architectural Charm: Retains the timeless allure of classic 1923 Craftsman architecture, featuring built-in shelving and intricate detailing that appeals to buyers seeking character.
Significant Price Reduction: The list price has seen multiple reductions from an original $950,000 to $829,000, indicating a motivated seller and potentially increased value for buyers.
Versatile Unit Usage: The rear 1-bedroom unit offers flexibility for continued rental income, guest quarters, or a dedicated home office, catering to various buyer needs.

Cons

Age-Related Maintenance: Built in 1923, the property is over 100 years old, suggesting potential for significant maintenance, system upgrades (e.g., plumbing, electrical, HVAC), and renovation costs.
Tenant Occupancy Complications: The rear unit is currently tenant-occupied, which could complicate immediate owner-occupancy plans for that unit or extensive renovation projects requiring vacant possession.
Lower-Rated Local Schools: Several nearby public schools, including Audubon Middle School and Susan Miller Dorsey Senior High School, have lower ratings, which may be a deterrent for families prioritizing highly-rated educational institutions.

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