Having shopped for a 3rd gen recently up and down the state, and then bought one, I can tell you the prices are all over the map. Now, the demand for a 2WD 4-cylinder may not be all that great, just to be brutally honest. Most people (myself included) who are actively looking for a 3rd gen are doing so with these criteria in mind:
- 4WD
- 3.4 L V6
- Reasonable mileage (below 200k, but willing to accept more if service records are immaculate)
- Useful, tasteful mods (proper lift, proper wheel/tire setup, armor bumpers, roof racks, etc)
Seeing that you are in LA, if you are putting the car up on CL, I would cross the city limit and hit all over Cali., in lower income areas, like San Bernardino, IE, Bako, Fresno. Majority of the good ones in Cali are in Sac and SF. LA has good ones also, but they tend to command crackpipe prices.
Don't even paint it and put it up for $4k and see what happens. Sure, it's high, but like other posters said, you can always lower the price.
Just my $.02. It's what I would do.