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3892 Cherrywood Avenue, Leimert Park, CA 90008

$1.20M3bd · 2ba · 2,461 sqft
Lot 5,855 sqft•Single Family Residence•
Active
•136d 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 byCentury 21 A Better Service, 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 · 5 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✓

Listed 8.1% below the median closed sale of $1,300,000. Price per sqft ($486) is a 32% discount to closed comps ($717).

Price Position

Priced below the market — value advantage over the field.

Price advantage
Subject listed at $1.20M· $486/sqft
Total list price
Closed comps
vs closed median $1.30M
−$105K (−8.1%)
Active comps
vs active median $1.27M
−$74K (−5.8%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $739
−$253 (−34.2%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
3880 Olmsted AvenueLos Angeles1940321,7766,005$748$1.33M2487
3950 Westside AvenueLos Angeles1941321,6106,149$794$1.28M2485
3810 Olmsted AvenueLos Angeles1940321,6926,125$750$1.27M7385
3959 Bronson AveLos Angeles1937221,5395,110$682$1.05M2580
3991 Hubert AvenueLeimert Park1940331,7356,840$720$1.25M21480
Total: 5 · Average2.82.21,670.46,045.8$738.8$1.24M72
Median1,692$1.27M

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
3815 Welland AvenueLos Angeles194002/27/2026331,9026,002$1.07M$1.07M$5651.007085
3893 CherrywoodLos Angeles194810/14/2026321,4535,816$1.20M$1.15M$7910.966784
3825 Edgehill DriveLos Angeles194105/22/2026321,6975,902$1.33M$1.30M$7660.984384
3905 Roxton AvenueLos Angeles193706/18/2026321,7625,402$1.33M$1.33M$7551.007081
3927 Welland AvenueLeimert Park193712/08/2025331,9116,102$1.36M$1.35M$7060.998180
Total: 5 · Average3.02.41,7455,844.8$1.24M$1.24M$716.6—66.2
Median1,762$1.30M$1.30M

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.