3823 Lorado Way
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Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
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Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
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| Sep 11, 2025 | Listed | $1,450,000 | |
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Under a canopy of mature trees, 3823 Lorado Way reveals itself like a modern classic. Charcoal stucco and a warm wood front door are framed by sculpted lavender, ornamental grasses, and crushed-stone paths. Inside, sunlight dances across wide-plank white oak floors, illuminating designer lighting, a stately decorative stone fireplace, a dining room, and sleek matte-black accents. The chef's kitchen commands attention with Calacatta quartz counters, a waterfall island with bar seating, subway-tile backsplash, and premium stainless appliances. Just beyond the living room, a versatile den provides valuable flex space that works beautifully as a home office, gym, media lounge, or even a potential fourth bedroom with simple modifications, while maintaining a seamless connection to the backyard. Outdoors, multi-level patios, drought-tolerant plantings, a flat grassy play area, a custom gas fire pit with built-in bench, and a storybook gazebo create an enchanting retreat for entertaining or everyday living. The three-bedroom, three-bath layout includes a primary suite with direct yard access and a spa-style bath finished with marble chevron floors, a freestanding tub, and floor-to-ceiling tile. Each of the additional full bathrooms also offers a bathtub for comfort and flexibility. Modern upgrades include a whole-home Puronics water-filtration system, a 240V EV charger outlet, HVAC, tankless water heater, windows and roof. Moments from Hilltop Coffee, Simply Wholesome, La Louisiane, Somerville, and the new Whole Foods, this home blends timeless character, thoughtful updates, and the vibrant lifestyle only View Park can offer. Schedule your private tour today.
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| Aug 5, 2025 | Listed | $1,495,000 | |
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Welcome to 3823 Lorado Way, where timeless character meets modern sophistication in iconic View Park. A canopy of mature trees and sculpted native landscaping, lavender, ornamental grasses, crushed stone paths sets the stage, framed by charcoal stucco and a warm wood front door. Inside, a luminous open layout unfolds across wide-plank white oak floors, with designer lighting, a stately stone fireplace, and natural light pouring through oversized picture windows. Built-ins, dinning room, and matte-black accents add texture and charm. The chef's kitchen stuns with Calacatta quartz counters, a waterfall island with bar seating, subway-tile backsplash, and premium stainless appliances. A cozy den leads to the backyard: multi-level patios, drought-tolerant plantings, a custom gas fire pit with built-in bench, and a storybook gazebo beneath blooming trees. The primary suite offers direct yard access and a spa-style bath with marble chevron floors, freestanding tub, and floor-to-ceiling tile. Two additional bedrooms, including one with an en-suite bath, complete the layout. Modern upgrades include a whole-home Puronics water-filtration system and 240V EV charging outlet in the garage. Zoned for Cowan Elementary and ideally located near some of the most beloved spots in View Park and neighboring West Adams, the home sits at the heart of a thriving, connected community. Spend mornings at Hilltop Coffee, a welcoming local cafe perfect for brunch, remote work, or casual catch-ups, then return on the third Thursday of each month when the space transforms into Jammin' on the Hill, a lively evening of music, food, and community connection. Around the corner, Simply Wholesome has been a neighborhood anchor since 1984, offering health-conscious meals, natural supplements, and fresh juices in a vibrant, Caribbean-influenced setting. For live jazz and Creole cuisine classics, La Louisiana's serves Po' boys, catfish, and jambalaya alongside nightly live music Wednesday through Sunday. For an elevated night out, Somerville offers a progressive American dining experience that highlights contemporary cuisine while honoring the rich roots of South Central Los Angeles. Intentionally located along the Slauson Corridor in Historic View Park Windsor- Hills, Somerville is an ode to the past, a toast to the present, and a celebration of the progress in between. And just a short drive away, the new Whole Foods on Jefferson provides everyday convenience right next door to Sandbox VR, a state-of-the-art virtual reality destination that's become a favorite for immersive group fun. Don't miss your chance to own a thoughtfully updated home in one of LA's most historic and vibrant communities. Schedule your private tour today and experience the lifestyle that only View Park can offer.
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| Jul 11, 2025 | Listed | $1,595,000 | |
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Welcome to 3823 Lorado Way, where timeless character meets modern sophistication in iconic View Park. A canopy of mature trees and sculpted native landscaping, lavender, ornamental grasses, crushed stone paths sets the stage, framed by charcoal stucco and a warm wood front door. Inside, a luminous open layout unfolds across wide-plank white oak floors, with designer lighting, a stately stone fireplace, and natural light pouring through oversized picture windows. Built-ins, dinning room, and matte-black accents add texture and charm. The chef's kitchen stuns with Calacatta quartz counters, a waterfall island with bar seating, subway-tile backsplash, and premium stainless appliances. A cozy den leads to the backyard: multi-level patios, drought-tolerant plantings, a custom gas fire pit with built-in bench, and a storybook gazebo beneath blooming trees. The primary suite offers direct yard access and a spa-style bath with marble chevron floors, freestanding tub, and floor-to-ceiling tile. Two additional bedrooms, including one with an en-suite bath, complete the layout. Modern upgrades include a whole-home Puronics water-filtration system and 240V EV charging outlet in the garage. Zoned for Cowan Elementary and ideally located near some of the most beloved spots in View Park and neighboring West Adams, the home sits at the heart of a thriving, connected community. Spend mornings at Hilltop Coffee, a welcoming local cafe perfect for brunch, remote work, or casual catch-ups, then return on the third Thursday of each month when the space transforms into Jammin' on the Hill, a lively evening of music, food, and community connection. Around the corner, Simply Wholesome has been a neighborhood anchor since 1984, offering health-conscious meals, natural supplements, and fresh juices in a vibrant, Caribbean-influenced setting. For live jazz and Creole cuisine classics, La Louisiana's serves Po' boys, catfish, and jambalaya alongside nightly live music Wednesday through Sunday. For an elevated night out, Somerville offers a progressive American dining experience that highlights contemporary cuisine while honoring the rich roots of South Central Los Angeles. Intentionally located along the Slauson Corridor in Historic View Park Windsor- Hills, Somerville is an ode to the past, a toast to the present, and a celebration of the progress in between. And just a short drive away, the new Whole Foods on Jefferson provides everyday convenience right next door to Sandbox VR, a state-of-the-art virtual reality destination that's become a favorite for immersive group fun. Don't miss your chance to own a thoughtfully updated home in one of LA's most historic and vibrant communities. Schedule your private tour today and experience the lifestyle that only View Park can offer.
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| May 29, 2025 | Listed | $1,595,000 | |
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Ideally positioned in the heart of the historic View Park neighborhood, this sharp late-1930s ranch-style residence has been meticulously elevated by two successive owners into its current turnkey form. Upon entry, wide-plank white oak flooring sets a tone of understated elegance, guiding you through an expansive open-concept layout that seamlessly integrates the home's generous living, dining, and kitchen areas. Oversized picture windows in the living room bathe the space in natural light, accentuating the home's graceful proportions and thoughtful design. The chef-inspired kitchen was designed for modern living, and anchored by a substantial island with a breakfast barideal for both casual mornings and elevated entertaining. Outfitted with premium stainless steel appliances, Calacatta quartz countertops, and complemented by a dedicated laundry area, the kitchen is as functional as it is stylish. A spacious den adjacent to the living room opens to the backyard through sliding glass doors, offering effortless indoor-outdoor flow and expanding the home's entertaining potential. The primary suite serves as a serene retreat, featuring private access to the rear and a spa-like en suite bath with a dual-sink marble vanity, soaking tub, chevron-patterned subway tile, and marble chevron flooring.The multi-tiered backyard is thoughtfully landscaped with drought-tolerant plantings and centers around a custom fire pit, embraced by a bespoke half-circular benchperfect for intimate gatherings or quiet reflection.Additional enhancements include a whole-home Puronics water filtration system, a 240V electric vehicle charging outlet, and numerous other modern upgrades that harmonize with the home's historic charm. Minutes from local favorites such as Hilltop coffee, Somerville, Jon & Vinny's and West Adams restaurant row. Centrally located to LAX, DTLA, the Westside, Hollywood and more. View Park is one of the largest historic districts in California, and the largest in the Country based on African American history. Property is a contributor to the View Park historic district. The home is also conveniently located within the Cowan elementary magnet zone.
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| Aug 28, 2020 | Sold | ||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017