See Home Value
$1,191,448*
House - Off Market

3843 OLMSTED AVE

LOS ANGELES, CA 90008
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1638 Sqft
$1,013,000 - $1,237,000
Reference Base Price*
5.91%
Since Sep 1, 2022
CA-Los Angeles
Primary Model
Sold Aug 02, 2022
$1,120,000
$952,000 by Homebridge Financial Services
Mortgage Due Aug 01, 2052
Sold Sep 11, 2013
$445,000
$422,750 by Wells Fargo Bank Na
Mortgage Due Oct 01, 2043

About This Property

Nestled perfectly in the middle of 1 of Leimert Park's most sought after streets you will find this incredibly designed, 1940 Spanish gem. The beautifully landscaped front yard leads to a grand entrance that opens up to the tremendous living room.  With the original character evident in every room, draped arched doorways lead seamlessly between rooms. Each transition and ceiling appointed by hand crafted details. Featuring original wood floors throughout, a large dining room, breakfast nook, 3 sizable bedrooms.  This masterpiece is just waiting for a touch of cosmetic modernizing. Recent upgrades include brand new HVAC system (2017) , new windows (2016), electrical panel 2016, Solar (2016), hall skylight + more. Incredible 3 car garage.  This is truly the opportunity you have been waiting for.

The manager has listed the unit size as 1638 square feet.
Unit Size
1,638Ft²
Days on Market
-
Land Size
0.14 acres
Price per sqft
$687
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1940

Price History

Date / Event Date Event Price
Aug 4, 2022 No longer available -
No longer available
Aug 2, 2022 Sold to Kyle Matthews, Randi Matthews $1,120,000
Sold to Kyle Matthews, Randi Matthews
Jul 1, 2022 In contract -
In contract
Jun 30, 2022 Price Decreased $1,125,000
↓ $25K (2.2%)
Price Decreased
Jun 19, 2022 Relisted $1,150,000
Relisted
Show More

Property Highlights

Air Conditioning
Garage

Building Info

Overview

    General

  • Year Built: 1940
  • Effective Year Built: 1941
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Quality: B
  • Construction Type: Wood
  • Building Style: Conventional
  • Exterior Walls Type: Stucco
  • Roof Shape Type: Hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 6,017
  • Lot Size Depth Feet: 1,180
  • Lot Size Frontage Feet: 510
  • Total Building Area: 1,638
  • Building Area: 1,638
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Floor/wall
  • Heated Square Feet: 1,638
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 11542
  • Land Acres: 0.138
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT # 11542 LOT/SEC 115

Ownership

  • Current Owner : MATTHEWS KYLE
  • Current Owner 2: MATTHEWS RANDI
  • Previous Owner : REDMAN MATTHEW C
  • Owner Before Previous Owner: JEFFERSON NYLA
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 234200

Zoning

  • Zoning: LAR1

Geography

  • Assessors Map Reference: 51-C1
  • Subdivision Tract Number: 11542
  • Parcel: 5033-017-040
  • Lot: 115
  • Municipality: WEST /LEIMERT PARK
  • Latitude: 34.0162
  • Longitude: -118.328

    Address

  • Full Address: 3843 Olmsted Ave
  • Address - House Number: 3843
  • Address - Street Name: Olmsted
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Los Angeles
  • Carrier Code: C012
  • 4-Digit Zip Code: 1934
  • Zip Code: 90008

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $6,257
  • Tax Rate Code Area: 00-067

    Appraisal Valuation

  • Standard Deviation: 0.2147
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 70
  • Final Value: 1,194,520
  • High Value: 1,451,095
  • Low Value: 937,944

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $952,000
  • First Open Lien Mortgage Lender: HOMEBRIDGE FINANCIAL SERVICES
  • First Open Lien Mortgage Recording Date: Aug 02, 2022
  • First Open Lien Mortgage Loan Amount: $952,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Aug 01, 2052

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,120,000
  • Assessed Land Value: $896,000
  • Assessed Improvements Value: $224,000

    Sales

  • Current Sale Contract Date: Jul 20, 2022
  • Current Sale Recording Date: Aug 02, 2022
  • Current Sale Transaction ID: 11893516761
  • Current Sale Price: $1,120,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 778422
  • Previous Sale Recording Date: Sep 11, 2013
  • Previous Sale Contract Date: Jul 17, 2013
  • Previous Sale Amount: $445,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: HOMEBRIDGE FINANCIAL SERVICES
  • First Mortgage Transaction Date: Aug 02, 2022
  • First Mortgage Loan Amount: $952,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: WELLS FARGO BANK NA
  • Previous Mortgage Transaction Date: Sep 11, 2013
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $422,750
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Oct 01, 2043



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
3 Beds
2 Baths
1,850 ft²
$609/ft²
$1,126,000 Dec 6, 2023
-
-
House
3 Beds
2 Baths
1,443 ft²
$886/ft²
$1,279,000 Jan 4, 2024
-
-
House
3 Beds
2 Baths
1,305 ft²
$919/ft²
$1,199,900 Feb 16, 2024
-
-
House
3 Beds
2 Baths
1,966 ft²
$501/ft²
$985,000 Feb 1, 2024
-
-
House
2 Beds
2 Baths
1,401 ft²
$749/ft²
$1,050,000 Nov 25, 2023
-
-
House
2 Beds
1.5 Baths
1,401 ft²
$685/ft²
$959,000 Feb 1, 2024
-
-
Multifamily
3 Beds
3 Baths
1,188 ft²
$790/ft²
$938,888 Jan 26, 2024
-
-
House
4 Beds
3 Baths
2,380 ft²
$515/ft²
$1,225,000 Feb 27, 2024
-
-
Other
Loft
-
2,164 ft²
$578/ft²
$1,250,000 Jan 28, 2024
-
-
Multifamily
7 Beds
3 Baths
2,400 ft²
$394/ft²
$945,000 Nov 10, 2023
-
-
Multifamily
6 Beds
4 Baths
4,904 ft²
$257/ft²
$1,260,000 Dec 16, 2023
-
-

About South LA


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Frequently Asked Questions

When was property at 3843 Olmsted Avenue built and last sold?
The property at 3843 Olmsted Avenue was built in 1940 and last sold on Jul 20, 2022 for $1,120,000.
How much is this home worth?
The estimated value of the home located at 3843 Olmsted Avenue is $1,124,886.
What are some comparable homes to 3843 Olmsted Avenue?
There are currently no comparable homes to 3843 Olmsted Avenue.

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