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3876 Olmsted Avenue, Los Angeles, California 90008, Los Angeles, 90008 - 3 bed, 2 bath

3876 Olmsted Avenue, Los Angeles, California 90008 home-pic-0
ACTIVE$1,249,000
3876 Olmsted Avenue, Los Angeles, California 90008
3Beds
2Baths
1,937Sqft
6,003Lot

Price Vs. Estimate

The estimated value ($1,249,000) is $0 (0%) lower than the list price ($1,249,000). This property may be overpriced.

Key pros and cons

Top Pros:
Income Potential & Versatility: The newly constructed (2025), fully permitted Accessory Dwelling Unit (ADU) with separate address and electrical meter offers significant rental income potential or flexible multi-generational living options.
Top Cons:
Age of Original Structure: While extensively remodeled, the main house's original construction year (1939) suggests potential for underlying structural or foundational issues not explicitly addressed by the listed upgrades.

Compared to the nearby listings

Price:$1.25M vs avg $1.32M ($-76,000)44%
Size:1,937 sqft vs avg 1,937 sqft50%
Price/sqft:$645 vs avg $65649%

More Insights

Built in 1939 (86 years old).
Condition: Despite the original built year of 1939, the main house has been extensively and beautifully remodeled with a fully new kitchen (quartz countertops, new cabinetry, large island), new bathrooms with modern finishes, new laminate flooring, new retrofit windows, new ceiling fans, and updated electrical and plumbing (new electrical panel/subpanel, copper plumbing). Additionally, a brand-new, fully permitted ADU was completed in 2025 with high-end finishes mirroring the main house, including a full kitchen and mini-split AC. All components appear new or virtually new, meeting current quality standards with no deferred maintenance, aligning perfectly with the 'Excellent' condition criteria.
Year Built
1939
Close
-
List price
$1.25M
Original List price
$1.38M
Price/Sqft
$645
HOA
-
Days on market
-
Sold On
-
MLS number
OC25150482
Home ConditionExcellent
Features
Good View: Neighborhood
Patio
ViewNeighborhood

About this home

Main House: 3876 Olmsted Ave. ADU: 3876 1/2 Olmsted Ave. Brand New ADU built in 2025 in Prime Leimert Park! Two separate addresses and two separate electrical meters: Welcome to your dream home in the heart of Leimert Park, featuring a beautifully remodeled main house and a brand-new, fully permitted detached 2-bedroom ADU, completed in 2025 and just finalized with the city. The ADU mirrors the same high-end finishes from the main house and includes a full kitchen, making it a very desirable addition. Whether you're looking to live in one unit and use the ADU as a guest house or rent it to generate rental income, this property offers versatility, comfort, and value. Main House Highlights (3 Bed / 2 Bath – approx. 1,400 SQFT): Fully remodeled kitchen with quartz countertops, large island, and new cabinetry New bathrooms with modern finishes New retrofit windows throughout New laminate flooring and stylish decorative fireplace New ceiling fans, electrical panel and subpanel, and copper plumbing Detached ADU (2 Bed / 1 Bath – approx. 571 SQFT): Completed in 2025, final inspection just approved Open living/kitchen area with full kitchen Mini-split AC system for efficient comfort Ideal for rental income, guest quarters, or multi-generational living Total Living Space: approx. 1,971 SQFT With its modern updates, income potential, and ideal location, this property is a rare opportunity in one of LA’s most desirable neighborhoods. Must see to appreciate all the thoughtful upgrades and possibilities this home offers.

Nearby schools

2/10
Tom Bradley Global Awareness Magnet School
Public,•K-5•0.3mi
2/10
Forty-Second Street Elementary School
Public,•K-5•0.7mi
3/10
Sixth Avenue Elementary School
Public,•K-5•0.8mi
2/10
Coliseum Street Elementary School
Public,•K-5•1.0mi
4/10
Birdielee V. Bright Elementary School
Public,•K-5•1.1mi
3/10
Hillcrest Drive Elementary School
Public,•K-5•1.1mi
2/10
Fifty-Fourth Street Elementary School
Public,•K-5•1.8mi
2/10
Audubon Middle School
Public,•6-8•0.4mi
3/10
Johnnie Cochran, Jr., Middle School
Public,•6-8•1.9mi
2/10
Susan Miller Dorsey Senior High School
Public,•9-12•1.2mi
1/10
Crenshaw Science, Technology, Engineering, Math And Medicine Magnet
Public,•9-12•1.2mi
5/10
Foshay Learning Center
Public,•K-12•1.3mi

Price History

Date
Event
Price
10/10/25
Sold
$1,200,000
10/22/24
Sold
$845,000
Condition Rating
Excellent
Despite the original built year of 1939, the main house has been extensively and beautifully remodeled with a fully new kitchen (quartz countertops, new cabinetry, large island), new bathrooms with modern finishes, new laminate flooring, new retrofit windows, new ceiling fans, and updated electrical and plumbing (new electrical panel/subpanel, copper plumbing). Additionally, a brand-new, fully permitted ADU was completed in 2025 with high-end finishes mirroring the main house, including a full kitchen and mini-split AC. All components appear new or virtually new, meeting current quality standards with no deferred maintenance, aligning perfectly with the 'Excellent' condition criteria.
Pros & Cons

Pros

Income Potential & Versatility: The newly constructed (2025), fully permitted Accessory Dwelling Unit (ADU) with separate address and electrical meter offers significant rental income potential or flexible multi-generational living options.
Turnkey Condition: The main house has undergone a comprehensive, high-quality remodel including kitchen, bathrooms, windows, flooring, and updated electrical/plumbing, providing a move-in ready experience.
Desirable Neighborhood: Situated in 'Prime Leimert Park,' one of Los Angeles's most sought-after neighborhoods, ensuring strong demand and potential for future property value appreciation.
Updated Infrastructure: Key infrastructure upgrades such as new electrical panel/subpanel, copper plumbing, and retrofit windows enhance the property's longevity and reduce immediate maintenance concerns.
Dual Living Spaces: With two distinct living units, the property caters to diverse needs, from owner-occupancy with rental income to accommodating extended family or a dedicated home office/studio.

Cons

Age of Original Structure: While extensively remodeled, the main house's original construction year (1939) suggests potential for underlying structural or foundational issues not explicitly addressed by the listed upgrades.
Limited Cooling in Main House: The main house lacks a specified central cooling system, which could be a significant comfort concern during Los Angeles's warmer months, unlike the ADU's mini-split AC.
Recent Price Reduction: The recent price reduction from the original list price may indicate a perceived overvaluation or slower market interest, potentially leading buyers to question the property's true market value.

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