4238 3rd, Los Angeles, California 90008, Los Angeles, 90008 - 3 bed, 3 bath
ACTIVE$845,000
4238 3rd, Los Angeles, California 90008
3Beds
3Baths
1,144Sqft
5,227Lot
Year Built
1925
Close
-
List price
$845K
Original List price
$850K
Price/Sqft
$739
HOA
-
Days on market
-
Sold On
-
MLS number
OC25237758
Home ConditionPoor
Features
View-
About this home
We found 3 Cons,5 Pros. Rank: price - $845.0K(13th), sqft - 1144(4th), beds - 3(50th), baths - 3(51th).
Occupied property. Property to be sold as-is. Cash or hard money loan only. Buyer to independently verify all information regarding the property, including but not limited to permits, number of bedrooms and bathrooms, garage, year of built, square footage, condition, and any other details to their satisfaction.
Nearby schools
2/10
Forty-Second Street Elementary School
Public,•K-5•0.1mi
2/10
Tom Bradley Global Awareness Magnet School
Public,•K-5•0.6mi
4/10
Birdielee V. Bright Elementary School
Public,•K-5•1.3mi
3/10
Sixth Avenue Elementary School
Public,•K-5•1.4mi
2/10
Coliseum Street Elementary School
Public,•K-5•1.6mi
2/10
Fifty-Fourth Street Elementary School
Public,•K-5•1.6mi
3/10
Hillcrest Drive Elementary School
Public,•K-5•1.6mi
2/10
Audubon Middle School
Public,•6-8•0.6mi
3/10
Johnnie Cochran, Jr., Middle School
Public,•6-8•2.6mi
1/10
Crenshaw Science, Technology, Engineering, Math And Medicine Magnet
Public,•9-12•0.8mi
5/10
Foshay Learning Center
Public,•K-12•1.2mi
2/10
Susan Miller Dorsey Senior High School
Public,•9-12•1.9mi
Price History
Date
Event
Price
11/21/25
Price Change
$845,000-0.6%
10/13/25
Listing
$850,000
Condition Rating
Poor
Built in 1925, this property is nearly 100 years old. The listing explicitly states it is being sold 'as-is' and requires 'cash or hard money loan only,' which are strong indicators of significant deferred maintenance and potential major defects that would prevent conventional financing. While no interior images are provided, the age of the home combined with these restrictive sale terms suggests that the kitchen, bathrooms, and all major systems (electrical, plumbing, HVAC) are severely outdated, likely non-functional, or in need of substantial repairs and rehabilitation. The exterior image shows an older home consistent with its build year, but without interior views, the 'as-is' and cash-only clauses are paramount in determining its condition. This property clearly requires substantial investment to bring it to a livable and functional standard, aligning with the 'Poor' category.
Pros & Cons
Pros
Prime Los Angeles Location: Situated in a desirable Los Angeles postal code (90008), offering access to a robust real estate market and urban amenities.
Single-Family Residence Appeal: As a standalone single-family home, it offers privacy and broad appeal to a wide range of buyers seeking a traditional residential property.
Generous Lot Size: The 5,227 sqft lot provides ample outdoor space, a valuable asset in an urban environment, allowing for potential landscaping, expansion, or recreational use.
Access to Top-Rated Education: Proximity to Foshay Learning Center, a highly-rated (5/5) K-12 school, is a significant draw for families prioritizing quality education.
Functional Bedroom/Bathroom Count: With 3 bedrooms and 3 bathrooms, the property offers a practical and desirable layout suitable for families or multi-person households.
Cons
Highly Restrictive Financing: The requirement for 'cash or hard money loan only' severely limits the potential buyer pool, potentially prolonging market time and impacting sale price.
As-Is Sale Condition: Being sold 'as-is' indicates the seller will not undertake repairs, placing the full burden of potential maintenance, upgrades, or unforeseen issues on the buyer.
Occupied Property Challenges: The property being occupied can complicate showing schedules, inspection access, and the overall closing process, potentially requiring tenant relocation efforts.