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742 Schumacher Drive, Los Angeles, CA 90048

$3.00M4bd · 3ba · 2,674 sqft
Lot 12,973 sqft•Single Family Residence•
Active
•311d on market•MLS# 00-25625061

Property Description

Massive double lot in the great neighborhood of Carthay Circle. Almost one-third of an acre. Original Tudor. Leaded glass throughout. Original finishings. Needs updating and renovation, but a rare find in this community. Land plus, plus, plus. Swimming Pool. Huge Backyard, possibly suitable for major expansion or guest unit. Beautiful wood-beamed ceilings and wood flooring. 2 wood-burning Fireplaces one in the Living Room and one in the Family Room. Outdoor brick barbecue. New Kitchen in the works. Formal Dining Room. Living Room. Family Room, 4 Bedrooms and 3 Bathrooms. There are no above-ground electrical wires or telephone poles in Carthay Circle. A little over 128 feet of frontage on Schumacher Drive per Public Records! (Buyer to verify.) Don't let this property slip by your buyers. Property is being sold AS-IS. Zoned LAR2 (Buyer to confirm.). Property is in Carthay Circle HPOZ. CREATIVE FINANCING AVAILABLE.

Features & Amenities

FeeBuilt 1928

Property Details

Land Type
Fee
Year Built
1928
Property Type
Residential
Property Subtype
Single Family Residence
Heating
Central
Flooring
Tile, Wood
City
Los Angeles
Zip Code
90048
County
Los Angeles
Listed byDouglas Elliman, Janine Gershon

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$15,169.63
Principal & Interest
Loan Amount
$2,399,999
Total Interest
$3,061,066
Total Payment Over 30 Years
$5,461,065
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

Luxury Tier · 5 active · 5 closed

742 Schumacher Drive, Los Angeles, CA 90048

Los Angeles · Single Family Residence

$3.00M
Luxury Tier
Beds
4
Baths
3
Sqft
2,674
Lot
12,973 sqft
Year
1928
$/Sqft
$1122
Pool: Yes✓
Spa: No✓

Listed 79.6% above the median closed sale of $1,670,000. Price per sqft ($1,122) is a 36% premium to closed comps ($824). Luxury tier — fewer comparable sales widen the confidence range.

Price Position

Positioned above the market — commands a premium.

Premium
Subject listed at $3.00M· $1,122/sqft
Total list price
Closed comps
vs closed median $1.67M
+$1.33M (+79.6%)
Active comps
vs active median $1.99M
+$1.01M (+50.8%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $1,583
−$461 (−29.1%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
2630 Creston DriveLos Angeles1941321,78613,641$4,973$8.88M91462
803 Ogden DriveLos Angeles1929532,4106,624$685$1.65M99761
1017 Alfred StreetLos Angeles1936433,1007,429$642$1.99M136760
6320 6th StreetLos Angeles1926422,5566,250$822$2.10M127960
1938 Holmby AvenueLos Angeles1930442,4905,541$793$1.98M107459
Total: 5 · Average4.02.82,468.47,897$1,583$3.32M1126.2
Median2,490$1.99M

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
5720 Wilhelmina AvenueLos Angeles196310/09/2026342,35613,346$1.75M$1.67M$7090.957871
3701 Inglewood BoulevardLos Angeles195110/09/2026422,33015,041$2.70M$2.63M$1,1310.9810471
1110 Queen Anne PlaceLos Angeles192210/07/2026442,5105,601$1.55M$1.50M$5970.977865
9933 Hayvenhurst AvenueLos Angeles196510/07/2026432,0008,286$995,000$1.00M$5001.018364
11332 Chenault StreetLos Angeles194710/08/2026332,1547,306$2.50M$2.55M$1,1841.022763
Total: 5 · Average3.63.22,2709,916$1.87M$1.87M$824.2—74
Median2,330$1.67M$1.67M

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.