3823 Lorado Way, View Park, California 90043, View Park, 90043 - 3 bed, 3 bath

3823 Lorado Way, View Park, California 90043 home-pic-0
ACTIVE$1,595,000
3823 Lorado Way, View Park, California 90043
3Beds
3Baths
1,800Sqft
6,733Lot

Price Vs. Estimate

The estimated value ($1,060,641.86) is $534,358.14 (33%) lower than the list price ($1,595,000). This property may be overpriced.

Key pros and cons

Top Pros:
Turnkey & High-Quality Renovation: The residence has been meticulously elevated into a turnkey form, featuring wide-plank white oak flooring, an expansive open-concept layout, a chef-inspired kitchen with premium stainless steel appliances and Calacatta quartz countertops, and a spa-like primary en suite bath.
Top Cons:
Lack of Views: Unlike many properties in the View Park area known for its vistas, this residence explicitly states 'None' for views, which may be a drawback for buyers seeking panoramic scenery.

Compared to the nearby listings

Price:$1.59M vs avg $850.0K (+$745,000)93%
Size:1,800 sqft vs avg 1,496 sqft69%
Price/sqft:$886 vs avg $64897%

More Insights

Built in 1938 (87 years old).
Condition: This property has undergone an extensive and high-quality renovation, evident in the chef-inspired kitchen with premium stainless steel appliances, Calacatta quartz countertops, and modern fixtures, as well as the spa-like primary bath featuring marble vanity, soaking tub, and chevron-patterned tiling. Wide-plank white oak flooring and contemporary lighting are present throughout. While the visible components are new and meet current quality standards, the property analysis explicitly notes the absence of central air conditioning, which is a significant drawback for a 'turnkey' home in Southern California and prevents it from achieving an 'Excellent' rating. Despite this, the overall condition is move-in ready with no immediate renovations required, reflecting a very well-maintained and recently updated home.
Year Built
1938
Close
-
List price
$1.59M
Original List price
$1.59M
Price/Sqft
$886
HOA
-
Days on market
-
Sold On
-
MLS number
25544869
Home ConditionGood
Features
Patio
View-

About this home

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.

Nearby schools

2/10
Fifty-Fourth Street Elementary School
Public,K-50.3mi
3/10
Windsor Hills Math Science
Public,K-50.8mi
3/10
Hillcrest Drive Elementary School
Public,K-51.2mi
6/10
Baldwin Hills Elementary School
Public,K-52.2mi
2/10
Audubon Middle School
Public,6-81.2mi
3/10
Parent (Frank D.) Elementary School
Public,K-82.1mi
1/10
Horace Mann Junior High School
Public,6-82.2mi
1/10
Crenshaw Science, Technology, Engineering, Math And Medicine Magnet
Public,9-120.7mi
2/10
Susan Miller Dorsey Senior High School
Public,9-121.9mi
2/10
Inglewood High School
Public,9-122.5mi

Price History

Date
Event
Price
08/28/20
Sold
$1,301,000
02/07/20
Sold
$725,000
Condition Rating
Good

This property has undergone an extensive and high-quality renovation, evident in the chef-inspired kitchen with premium stainless steel appliances, Calacatta quartz countertops, and modern fixtures, as well as the spa-like primary bath featuring marble vanity, soaking tub, and chevron-patterned tiling. Wide-plank white oak flooring and contemporary lighting are present throughout. While the visible components are new and meet current quality standards, the property analysis explicitly notes the absence of central air conditioning, which is a significant drawback for a 'turnkey' home in Southern California and prevents it from achieving an 'Excellent' rating. Despite this, the overall condition is move-in ready with no immediate renovations required, reflecting a very well-maintained and recently updated home.
Pros & Cons

Pros

Turnkey & High-Quality Renovation: The residence has been meticulously elevated into a turnkey form, featuring wide-plank white oak flooring, an expansive open-concept layout, a chef-inspired kitchen with premium stainless steel appliances and Calacatta quartz countertops, and a spa-like primary en suite bath.
Prime Historic Location & Accessibility: Ideally positioned in the heart of the historic View Park neighborhood, this property contributes to a significant historic district and offers central access to LAX, DTLA, the Westside, Hollywood, and local amenities like Hilltop Coffee and West Adams restaurant row.
Seamless Indoor-Outdoor Living: A spacious den with sliding glass doors provides effortless indoor-outdoor flow to a thoughtfully landscaped, multi-tiered backyard, complete with drought-tolerant plantings, a custom fire pit, and bespoke half-circular bench for entertaining.
Modern Infrastructure Upgrades: The home includes valuable modern enhancements such as a whole-home Puronics water filtration system and a 240V electric vehicle charging outlet, adding significant convenience and value.
Abundant Natural Light & Open Concept: Oversized picture windows in the living room flood the expansive open-concept layout with natural light, accentuating the home's graceful proportions and modern design.

Cons

Lack of Views: Unlike many properties in the View Park area known for its vistas, this residence explicitly states 'None' for views, which may be a drawback for buyers seeking panoramic scenery.
Absence of Central Air Conditioning: While many modern upgrades are listed, the description does not explicitly mention a central cooling system, which is a highly desired amenity in Southern California and present in some comparable properties.
Potential Overpricing Relative to Estimation: The current list price of $1.595M is significantly higher than the provided estimation value of $1.06M, with an estimation ratio of -33%, suggesting it may be priced above current market expectations or recent comparable sales.

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