
3892 Cherrywood Avenue, Leimert Park, CA 90008
3892 Cherrywood Avenue, Leimert Park, CA 90008
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
Property Details
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Current Rates
Comparative Market Analysis
Residential Tier · 5 active · 5 closed
Leimert Park · Single Family Residence
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.
Active Properties (5)
Active Comparables
| Address | City | Year | BD | BTH | SqFt | LotSz | LP/SqFt | LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|
| 3880 Olmsted Avenue | Los Angeles | 1940 | 3 | 2 | 1,776 | 6,005 | $748 | $1.33M | 24 | 87 |
| 3950 Westside Avenue | Los Angeles | 1941 | 3 | 2 | 1,610 | 6,149 | $794 | $1.28M | 24 | 85 |
| 3810 Olmsted Avenue | Los Angeles | 1940 | 3 | 2 | 1,692 | 6,125 | $750 | $1.27M | 73 | 85 |
| 3959 Bronson Ave | Los Angeles | 1937 | 2 | 2 | 1,539 | 5,110 | $682 | $1.05M | 25 | 80 |
| 3991 Hubert Avenue | Leimert Park | 1940 | 3 | 3 | 1,735 | 6,840 | $720 | $1.25M | 214 | 80 |
| Total: 5 · Average | 2.8 | 2.2 | 1,670.4 | 6,045.8 | $738.8 | $1.24M | 72 | |||
| Median | 1,692 | $1.27M | ||||||||
Closed Properties (5)
Closed Comparables
| Address | City | Year | Date | BD | BTH | SqFt | LotSz | LP | SP | SP/SqFt | SP/LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 3815 Welland Avenue | Los Angeles | 1940 | 02/27/2026 | 3 | 3 | 1,902 | 6,002 | $1.07M | $1.07M | $565 | 1.00 | 70 | 85 |
| 3893 Cherrywood | Los Angeles | 1948 | 10/14/2026 | 3 | 2 | 1,453 | 5,816 | $1.20M | $1.15M | $791 | 0.96 | 67 | 84 |
| 3825 Edgehill Drive | Los Angeles | 1941 | 05/22/2026 | 3 | 2 | 1,697 | 5,902 | $1.33M | $1.30M | $766 | 0.98 | 43 | 84 |
| 3905 Roxton Avenue | Los Angeles | 1937 | 06/18/2026 | 3 | 2 | 1,762 | 5,402 | $1.33M | $1.33M | $755 | 1.00 | 70 | 81 |
| 3927 Welland Avenue | Leimert Park | 1937 | 12/08/2025 | 3 | 3 | 1,911 | 6,102 | $1.36M | $1.35M | $706 | 0.99 | 81 | 80 |
| Total: 5 · Average | 3.0 | 2.4 | 1,745 | 5,844.8 | $1.24M | $1.24M | $716.6 | — | 66.2 | ||||
| Median | 1,762 | $1.30M | $1.30M | ||||||||||
Market Analysis
List vs Sale $/SqFt
Sale Price Trend
Days on Market
Sale vs List Price
This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.