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4057 W 8th St, Los Angeles, CA 90005

List Price: $1,420,000On Market FlagOn market
Mar 31, 20251,668 sqft4 beds2 baths
Listed by: A. Jessica Shin
License #: 02073348
Phone #: 310-866-9978
GAIA
Source:
CRMLS Logo
MLS #: 25518649

Property Description

ADU Development Opportunity in Hancock Park/Koreatown! Unlock the exceptional potential of this spacious lot, offering multiple development possibilities: a detached 2-story ADU, a garage conversion, and the option to add a JADU. Maximize your build potential with a combination of these options, creating a high-value, income-producing opportunity in one of LA's most desirable neighborhoods. This modern, move-in-ready home was thoughtfully renovated in 2020 and features a bright, open-concept layout. The living and family rooms seamlessly flow into the dining area, all enhanced by designer lighting and premium flooring. The gourmet kitchen boasts quartz countertops, sleek cabinetry, and a spacious pantry perfect for both everyday living and entertaining. The first-floor master suite opens to a private backyard oasis and features a luxurious en-suite bath with a double quartz vanity. Upstairs, two additional suites include a full bath, double vanity and a charming balcony. A private gated driveway offers secure parking with easy access to the rear garage, providing additional storage or vehicle space. Prime Location! Nestled in the heart of Hancock Park/Koreatown, this home is just moments away from The Wiltern, CGV Cinemas, H Mart, Ralph's, Olympic Spa, the Metro, CVS, Galleria Market, and more.
Assignment
Get a detailed valuation report, schedule a tour or make an offer!
Kevin Kretzmer
Kevin Kretzmer

Role: TurboHome Head Agent

Experience: 10 years

No. of Transactions: 227

“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”

TurboHome Fair Market Estimate

TurboHome

TurboHome Savings

$20,817

TurboHome Estimated Value

$1,403,900

$842 sqft

High Valuation
$1,474,095
$884/sqft
Normal Valuation
$1,403,900
$842/sqft
Low Valuation
$1,333,705
$800/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$842/sqft$1,403,900

Neighborhood: Mid Wilshire

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Comparative Value

$950K

$1.10M

$1.29M

$1.42M

871 Crenshaw Blvd 403, Los Angeles, CA 90005

Sale Price: $950,000

Selected Comparable

871 Crenshaw Blvd 405, Los Angeles, CA 90005

Sale Price: $962,500

Selected Comparable

4056 Leeward Ave, Los Angeles, CA 90005

Sale Price: $1,100,000

Selected Comparable

721 Gramercy Dr, Los Angeles, CA 90005

Sale Price: $1,286,000

Selected Comparable

4027 Leeward Ave, Los Angeles, CA 90005

Sale Price: $1,290,000

Selected Comparable

4057 W 8th St, Los Angeles, CA 90005

List Price: $1,420,000

Subject Property

Neighborhood Comps

Subject Property

SUBJECT
4057 W 8th St, Los Angeles, CA 90005

4057 W 8th St, Los Angeles, CA 90005

List: $1,420,000

Listed: 3/31/2025

Area:1,668 sqft
Price/sqft:$851
Beds:4
Baths:2
Year Built:
Lot Size:6,598

Comparable Properties

COMPARABLE
Choose comps
721 Gramercy Dr, Los Angeles, CA 90005

721 Gramercy Dr, Los Angeles, CA 90005

Sale: $1,286,000

12/11/20240.23 mi

Area:1,817 sqft
Price/sqft:$708
Beds:4
Baths:2
Year Built:
Weight:22.2%
4056 Leeward Ave, Los Angeles, CA 90005

4056 Leeward Ave, Los Angeles, CA 90005

Sale: $1,100,000

7/7/20250.02 mi

Area:1,553 sqft
Price/sqft:$708
Beds:3
Baths:2
Year Built:
Weight:21.4%
4027 Leeward Ave, Los Angeles, CA 90005

4027 Leeward Ave, Los Angeles, CA 90005

Sale: $1,290,000

10/11/20240.09 mi

Area:2,168 sqft
Price/sqft:$595
Beds:4
Baths:2
Year Built:
Weight:19.0%
871 Crenshaw Blvd 405, Los Angeles, CA 90005

871 Crenshaw Blvd 405, Los Angeles, CA 90005

Sale: $962,500

10/28/20240.31 mi

Area:1,620 sqft
Price/sqft:$594
Beds:3
Baths:2
Year Built:
Weight:18.8%
871 Crenshaw Blvd 403, Los Angeles, CA 90005

871 Crenshaw Blvd 403, Los Angeles, CA 90005

Sale: $950,000

3/3/20250.31 mi

Area:1,520 sqft
Price/sqft:$625
Beds:3
Baths:2
Year Built:
Weight:18.6%

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