3810 Olmsted Avenue, Los Angeles, California 90008, Los Angeles, 90008 - 3 bed, 2 bath

3810 Olmsted Avenue, Los Angeles, California 90008 home-pic-0

3810 Olmsted Avenue

Los Angeles, California 90008

ACTIVE
CONDITION: POOR
3Beds
2Baths
1,692Sq Ft
6,125Lot Size

Property Price

LIST PRICE$899,999
EST. MARKET VALUE
$906,824

SUMMARY

Analysis of 3810 Olmsted Avenue, Los Angeles, California 90008 reveals a Fairly Priced Property with a current list price of $899,999  aligned with the estimated $906,824 Fair Market Value. This represents a stable investment opportunity at market rate. The property maintains a Poor Condition Rating (30/100), indicating the property requires renovation and updates to maximize its market potential. This presents opportunities for value-add investors. Located in a high-demand neighborhood within the Los Angeles Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for Experienced Investors and Fix-and-Flip Specialists.

Estimated Market Value

$906,824
Based on Realkey algorithm analyzing recent comparable sales in Los Angeles.

Comparable Sales Map

Comparables within 1 miles sold in recently

Address Sold Price BedsBathsSq Ft$/SqftDistance
3810 Olmsted Avenue
Subject
$899,999*
List Price
321,692$536-
A
3880 Olmsted Avenue
Sold
$870,000321,776$4900.1 mi
B
3936 Olmsted Avenue
Sold
$950,000321,550$6130.2 mi
C
3861 S Norton Avenue
Sold
$900,000321,732$5200.3 mi
D
4011 Welland Avenue
Sold
$900,000322,056$4380.4 mi
E
4324 2nd Avenue
Sold
$700,000321,362$5141.0 mi
F
4122 S Bronson Avenue
Active
$930,000
List Price
321,729$5380.6 mi

* Subject property listed price vs sold prices of comps.

Condition Analysis

OVERALL CONDITION SCORE

Poor
TeardownExcellent

Property is extensive renovation needed.

This 1940s property is marketed as a 'blank slate' and a 'renovation' project, indicating it is not move-in ready. The kitchen and bathrooms feature original mid-century tiling and fixtures that have far exceeded their functional lifespan. With original hardwood floors requiring refinishing and a description explicitly calling for contractors and restoration, the home requires substantial rehabilitation of its interior finishes and likely its major systems to meet modern living standards.

PROSSTRENGTHS & OPPORTUNITIES

  • Prime Historic Location

    Situated in the heart of Leimert Park, one of LA's most culturally celebrated neighborhoods, the property offers excellent proximity to the Expo and Crenshaw Metro lines, local art spaces, and vibrant cafes.

  • Architectural Character

    This 1940s traditional home features enduring character elements including original hardwood floors, elegant crown molding, and a classic fireplace, providing a high-quality canvas for a custom restoration.

  • Development Potential

    The expansive 6,000+ square foot lot includes a long driveway and a detached garage with ADU potential, offering a significant opportunity to add value and living space.

CONSRISKS & DEFICIENCIES

  • Extensive Renovation Required

    The property is positioned as a 'blank slate' needing full restoration and reimagining, which will require a substantial budget and a contractor to address its current condition.

  • Low School Ratings

    The local public schools serving the area have consistently low performance ratings, which may be a drawback for families prioritizing educational infrastructure.

About 3810 Olmsted Avenue

Welcome to this quintessential 1940s traditional home, gracefully situated in the heart of beloved Leimert Park one of Los Angeles' most architecturally rich and culturally celebrated neighborhoods. This 3 bedroom, 1.5 bath residence offers almost 1700 sq ft of living space on a generous 6,000+ sq ft lot, presenting a rare opportunity to restore, reimagine, and create something truly special. Step into a sun-filled formal living room with large windows, elegant crown molding, and a classic fireplace that sets the tone for the home's enduring character. The adjoining dining room flows seamlessly into a spacious galley style kitchen, while a service porch with washer/dryer hookups sits conveniently off the rear entrance. Original hardwood floors, reserved architectural charm, and prime location make for a desirable renovation. Whether you're an investor, a seasoned renovator, or a homeowner eager to build equity, this inviting blank slate awaits your thoughtful restoration and design. The expansive backyard is ideal for gatherings, outdoor entertaining and enjoyment, complete with privacy fencing, a long driveway and garage with potential to add your own ADU. Set on a tranquil, treelined street this home places you moments from the Expo and Crenshaw Metro lines, Leimert Park Village, local cafes, art spaces, and the neighborhood's vibrant cultural heartbeat. Known for its tight knit community, historic architecture, and deep artistic legacy, Leimert Park continues to be one of Los Angeles' most cherished and sought after enclaves. Bring your contractor, your imagination, and your vision this gem of a property brings exciting opportunities to one of LA's most storied neighborhoods.

Property Details

Public Facts

Property Type
Single Family Residence
Year Built
1940
Lot Size
6,125 Sq. Ft.

Interior

Total Bedrooms
3
Total Bathrooms
2 (2 Full, 0 Half)

Exterior & Parking

No exterior & parking available.

Utilities & Misc

HOA Fee
$0 / Month

Neighborhood Insights

Los Angeles Unified Schools

Tom Bradley Global Awareness Magnet School

Grades K-5 • 0.3 mi

2/10

Sixth Avenue Elementary School

Grades K-5 • 0.7 mi

3/10

Forty-Second Street Elementary School

Grades K-5 • 0.8 mi

2/10

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds3.03.0
50%
Baths2.03.0
48%
Square foot1,6921,911
32%
Lot Size6,1256,402
41%
Price$900.0K$1.32M
13%
Price per sq ft$532$634
30%
Built year19401940
50%
HOA$0$0
50%
Days on market2183
2%

Pricing History

Listed for Sale

Mar 5, 2026

$899,999

Initial Listing

Sold

May 12, 1999

$187,000

Public Record

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