0.jpg
1 / 36

3892 Cherrywood Avenue, Leimert Park, CA 90008

$1.20M3bd · 2ba · 2,461 sqft
Lot 5,855 sqft•Single Family Residence•
Active
•117d on market•MLS# DW-26132966

Property Description

**Single Family Home + Fully Permitted ADU in Leimert Park** Why pay someone else's mortgage when this property can help pay yours? This property offers a rare opportunity to own 2 homes on 1 lot in one of Los Angeles' most culturally rich and sought-after neighborhoods — Leimert Park. The main home features 3 beds, 2 baths, plus a den — expanded with a brand-new 360 sq ft addition that added a bedroom, bathroom, and dedicated den space. Interior upgrades include new flooring and moldings throughout, recessed lighting, ceiling fans, updated paint, and a refreshed original bathroom. Oversized bedrooms provide exceptional comfort, while block walls along most of the perimeter deliver privacy rarely found in the city. The crown jewel is the newly constructed, fully permitted 842 sq ft ADU above the 2-car garage — a true 2-bedroom, 1.5-bathroom residence with its own separate entrance and most appliances included. It's ready to generate solid rental income, dramatically offsetting monthly carrying costs from day one. Total permitted living space: 2,461 sq ft. Priced at $508/sq ft — well below the neighborhood average for properties like this. And the upside keeps growing: the Baldwin Hills Crenshaw Plaza redevelopment — a transformative mixed-use project bringing new retail, residences, hotel space, and Metro connectivity — just broke ground nearby, signaling strong long-term momentum for the area. Two homes. One price. One smart move. Call for a private tour.

Features & Amenities

FeeBuilt 1941

Property Details

Land Type
Fee
Year Built
1941
Property Type
Residential
Property Subtype
Single Family Residence
Parking Spaces
2
Garage Spaces
2
Heating
Central
Cooling
Central Air
View
City Lights
Roof
Shingle
City
Leimert Park
Zip Code
90008
County
Los Angeles
Listed byUnknown Office, Carlos Munoz

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$6,042.57
Principal & Interest
Loan Amount
$956,000
Total Interest
$1,219,325
Total Payment Over 30 Years
$2,175,325
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

Comparative Market Analysis

Residential Tier · 5 active · 0 closed

3892 Cherrywood Avenue, Leimert Park, CA 90008

Leimert Park · Single Family Residence

$1.20M
Residential Tier
Beds
3
Baths
2
Sqft
2,461
Lot
5,855 sqft
Year
1941
$/Sqft
$486
Pool: No✓
Spa: No✓
View: city✓
Garage: 2-car✓

Comparable sales support the current list price.

Price Position

Aligned with the market — fair pricing for the comps.

At market
Subject listed at $1.20M· $486/sqft
Total list price
Closed compsinsufficient comp data
Active comps
vs active median $1.18M
+$16K (+1.4%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $532
−$46 (−8.6%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
5112 Onaknoll AvenueLos Angeles1941332,1156,458$557$1.18M290
4301 Arlington Ave.Los Angeles1923322,3636,502$338$799,00012880
1842 42nd StreetLos Angeles1920322,1365,752$515$1.10M2980
5145 6thLos Angeles1914432,5376,075$472$1.20M1077
3643 OlympiadView Park2023442,7007,485$776$2.10M3076
Total: 5 · Average3.42.82,370.26,454.4$531.6$1.27M39.8
Median2,363$1.18M

Market Analysis

List vs Sale $/SqFt

Sale Price Trend

Days on Market

Sale vs List Price

AI-generated CMA

This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.