3920 3rd Avenue, Los Angeles, California 90008, Los Angeles, 90008 - 2 bed, 1 bath

3920 3rd Avenue, Los Angeles, California 90008 home-pic-0
ACTIVE$849,999
3920 3rd Avenue, Los Angeles, California 90008
2Beds
1Bath
1,054Sqft
5,312Lot
Year Built
1925
Close
-
List price
$850K
Original List price
$900K
Price/Sqft
$806
HOA
-
Days on market
-
Sold On
-
MLS number
25520253
Home ConditionExcellent
Features
Patio
ViewCourtyard

About this home

Possibly Over-Priced:The estimated price is 31% below the list price. We found 3 Cons,5 Pros. Rank: price - $850.0K(13th), sqft - 1054(3th), beds - 2(17th), baths - 1(13th).

Welcome to 3920 3rd Ave, a quaint, yet vibrant Spanish Style Charmer located in the well known historic Leimert Park! Situated on a quintessential Los Angeles palm tree lined street, this home welcomes you with a raised front patio, newly finished with Spanish style tile and designated seating area. As you enter through the front door you will be greeted with a modern open floor plan and an abundance of natural light which cascades through the large picture frame windows throughout. The living room flows seamlessly into the dining and kitchen areas making for the perfect space to entertain family and friends! Fully updated within the last 2 years, this property features vinyl plank wood flooring, quartz countertop kitchen with large 3 seater island, newly tiled backsplash, white shaker cabinetry, new drywall, fully remodeled bathroom, new exterior front and back porch/patio tile, and new exterior paint among other upgrades. As you make your way into the spacious backyard you will notice a charming covered back patio area which overlooks the space perfect for al fresco dining, a morning cup of coffee while reading a book, or a cozy space to watch the kids or dog while they play! The opportunities in the backyard area are truly endless for someone who wants to customize and make it their own! Beginning with a long driveway secured by a private fence which leads to a large flat yard, you'll see an abundance of flat usable grass space, fruit bearing orange and lemon trees, a large shed for storage, and a 1 car detached garage perfect for a flex space for a gym, office, or conversion into an ADU! Located in a prime Los Angeles neighborhood, this home offers convenient access to local dining (8 min drive to Jon & Vinny's), coffee shops (Cafe/5), and supermarkets, the 10 and the 110 freeways, and in close proximity to the West Side and Culver City! Come experience all this home has to offer with its great location and modern Spanish style charm!

Nearby schools

2/10
Tom Bradley Global Awareness Magnet School
Public,K-50.2mi
2/10
Forty-Second Street Elementary School
Public,K-50.5mi
4/10
Birdielee V. Bright Elementary School
Public,K-50.8mi
3/10
Sixth Avenue Elementary School
Public,K-50.9mi
2/10
Coliseum Street Elementary School
Public,K-51.4mi
3/10
Hillcrest Drive Elementary School
Public,K-51.6mi
2/10
Fifty-Fourth Street Elementary School
Public,K-52.0mi
2/10
Audubon Middle School
Public,6-80.6mi
3/10
Johnnie Cochran, Jr., Middle School
Public,6-82.1mi
5/10
Foshay Learning Center
Public,K-120.9mi
1/10
Crenshaw Science, Technology, Engineering, Math And Medicine Magnet
Public,9-121.2mi
2/10
Susan Miller Dorsey Senior High School
Public,9-121.6mi

Price History

Date
Event
Price
04/27/23
Sold
$678,500
Condition Rating
Excellent

This property has been 'fully updated within the last 2 years,' which aligns perfectly with the 'extensively renovated within 5 years' criterion for an excellent rating. The images showcase a modern kitchen with white shaker cabinetry, quartz countertops, new stainless steel appliances, and contemporary light fixtures. The entire interior features new vinyl plank wood flooring and fresh drywall, indicating a comprehensive and high-quality renovation. While central HVAC is not mentioned, the visible and described updates are virtually new and meet current quality standards, demonstrating minimal physical depreciation.
Pros & Cons

Pros

Extensive Recent Renovations: The property has been fully updated within the last 2 years, featuring vinyl plank wood flooring, a quartz countertop kitchen with a large 3-seater island, new drywall, a fully remodeled bathroom, and new exterior paint, offering a modern and fresh interior.
Desirable Architectural Style & Curb Appeal: A quaint and vibrant Spanish Style Charmer, it boasts a newly finished raised front patio with Spanish style tile and is situated on a quintessential Los Angeles palm tree-lined street, enhancing its aesthetic appeal.
Functional Open Floor Plan & Natural Light: The home features a modern open floor plan where the living room flows seamlessly into the dining and kitchen areas, complemented by an abundance of natural light from large picture frame windows, ideal for entertaining.
Versatile Outdoor Space & ADU Potential: The spacious backyard includes a charming covered patio, ample flat usable grass space, fruit-bearing trees, a large shed, and a 1-car detached garage with potential for conversion into a flex space, gym, office, or ADU.
Prime Leimert Park Location: Located in the well-known historic Leimert Park, the property offers convenient access to local dining, coffee shops, supermarkets, major freeways (10 and 110), the West Side, and Culver City.

Cons

Lack of Central HVAC: The property description does not mention a central cooling or heating system, which could be a significant comfort and value consideration in the Los Angeles climate.
Limited Bedroom/Bathroom Count: With only 2 bedrooms and 1 bathroom, the property may be less suitable for larger families or those requiring additional private spaces or a second full bathroom.
Significant Price Discrepancy with Estimation: The current list price of $849,999 is substantially higher than the property's estimated value of $580,806.99, which may indicate potential overpricing or a disconnect with current market valuations.

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