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3964 W 7th St, Los Angeles, CA 90005

List Price: $2,250,000On Market FlagOn market
Jan 31, 20255,151 sqft8 beds4 baths
Listed by: Matthew R. Kanner
License #: 01349203
Phone #: 323-664-9033
Keller Williams Realty Los Feliz
Source:
CRMLS Logo
MLS #: 25492433

Property Description

We are pleased to present 3964 W 7th St, a rare, architecturally significant example of French Normandy Revival elegance, nestled on a tranquil tree-lined street in the coveted Hancock Park-adjacent neighborhood of historic Los Angeles, just west of Western Ave and south of Wilshire Blvd. Showcasing hallmarks of the architectural style popular in the 1920s and 1930s, the property features a steeply pitched roof, a striking round turret-like tower entry, and charming multi-pane leaded windows that exude European-inspired sophistication. Offering timeless charm and modern comfort, this trophy 4-plex is a fantastic value-add opportunity for multifamily investors or owner-occupiers with 31%+ rental upside potential. The property's lush, manicured setting is framed by verdant, picturesque trees and shrubbery, offering a tranquil retreat while being mere moments from the vibrant culture, dining, and entertainment of Larchmont Village, Hancock Park, and Mid-Wilshire. Built in 1936, the 2-story building is comprised of 4 bright and expansive (2+1) units that average approximately 1,225 gross square feet. The 5,151 square foot structure is situated on a 6,384 square foot lot. Each expansive two-bedroom unit offers a blend of classic charm and modern conveniences, from hardwood floors and crown molding to large, bright, floor-to-ceiling windows and walk-in closets providing ample storage space. There are 4 individual carport parking spots in the parking lot beside the building; two of the carport spaces are behind a secure gate, the other two are secure garage spaces on the street. All units are equipped with newer central HVAC units and washer/dryer hookups, providing comfort and convenience for tenants. The property has a new roof, electric, and plumbing, and is separately metered for gas and electric. With its tree-lined streets with mature magnolias, oaks, and sycamores, historic architecture, and a Walk Score of 91, the property's Hancock Park-adjacent location near Larchmont and Koreatown offers residents easy access to the countless shopping, dining, entertainment, and recreation options of Hancock Park, Larchmont Village, Wilshire Center, Mid-Wilshire, Koreatown, and the revitalized Downtown Los Angeles less than 4 miles to the east. The building is 1.8 miles north of the 10 freeway, 2.2 miles south of the 2 and 101, and 3 miles northwest of the 110. 3964 W 7th St is well-positioned for a skilled value-add investor to implement a high-end unit/common area renovation program optimizing market rents, appreciation and future returns.
Assignment
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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

$28,464

TurboHome Estimated Value

$2,073,800

$403 sqft

High Valuation
$2,177,490
$423/sqft
Normal Valuation
$2,073,800
$403/sqft
Low Valuation
$1,970,110
$382/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$403/sqft$2,073,800

Neighborhood: Mid Wilshire

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Comparative Value

$1.30M

$1.87M

$2.10M

$2.25M

111 N Kenmore Ave, Los Angeles, CA 90004

Sale Price: $1,300,000

Selected Comparable

1015 S Mansfield Ave, Los Angeles, CA 90019

Sale Price: $1,866,005

Selected Comparable

4329 Victoria Park Dr, Los Angeles, CA 90019

Sale Price: $2,100,000

Selected Comparable

924 S Orange Grove Ave, Los Angeles, CA 90036

Sale Price: $2,120,000

Selected Comparable

3964 W 7th St, Los Angeles, CA 90005

List Price: $2,250,000

Subject Property

Neighborhood Comps

Subject Property

SUBJECT
3964 W 7th St, Los Angeles, CA 90005

3964 W 7th St, Los Angeles, CA 90005

List: $2,250,000

Listed: 1/31/2025

Area:5,151 sqft
Price/sqft:$437
Beds:8
Baths:4
Year Built:
Lot Size:6,384

Comparable Properties

COMPARABLE
Choose comps
924 S Orange Grove Ave, Los Angeles, CA 90036

924 S Orange Grove Ave, Los Angeles, CA 90036

Sale: $2,120,000

7/22/20252.78 mi

Area:5,395 sqft
Price/sqft:$393
Beds:8
Baths:4
Year Built:
Weight:31.8%
111 N Kenmore Ave, Los Angeles, CA 90004

111 N Kenmore Ave, Los Angeles, CA 90004

Sale: $1,300,000

11/15/20241.33 mi

Area:5,972 sqft
Price/sqft:$218
Beds:8
Baths:4
Year Built:
Weight:26.6%
4329 Victoria Park Dr, Los Angeles, CA 90019

4329 Victoria Park Dr, Los Angeles, CA 90019

Sale: $2,100,000

7/15/20251.27 mi

Area:4,671 sqft
Price/sqft:$450
Beds:7
Baths:5
Year Built:
Weight:22.0%
1015 S Mansfield Ave, Los Angeles, CA 90019

1015 S Mansfield Ave, Los Angeles, CA 90019

Sale: $1,866,005

1/29/20251.69 mi

Area:4,831 sqft
Price/sqft:$386
Beds:7
Baths:5
Year Built:
Weight:19.6%

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