4 months on rocket

4166 Wadsworth Ave, Los Angeles, CA, 90011

$749,000

Home List Price

$8,894*

Closing Credit

3 Bedrooms
3 Baths
1,557 SqFt
$481/SqFt
House

Location

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4166 Wadsworth Ave, Los Angeles$749,000

Buyer Closing Credits

$8,894*

1.25% Loan Amount

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Property Highlights

Home TypeOther
ParkingGated, Oversized, RV Potential, Side By Side, Uncovered
Year Built1904
HeatingWall Furnace
FireplaceNone
ViewNone
MLS #23338163
Lot Size0.14 Acres
StatusActive

About 4166 Wadsworth Ave

Welcome to the TWIN PALMS TRIPLEX near the Historic Central Ave District! AMAZING investment opportunity to own a charming, corner-lot property with tremendous upside income potential. Live in one unit and rent out the other two to pay your mortgage! Classic details and sunlit spaces highlight this turn-of-the-century Craftsman property which boasts many updates - NEW paint, ceiling fans, laminate flooring, recessed lighting, double pane windows, new landscaping for Unit #1 and updated Kitchens and Baths. The Main House has two (2) units with covered porches - UNIT #1 is a 1BR/1BA plus a BONUS DEN (est. 628SF +/-) and UNIT #2 is a Studio with 1BA (est. 628SF +/-) and has its own laundry. The detached Studio Garage Unit #3 with 1 BA is est. 300SF +/-. There are 3 Electric meters / 3 Gas meters / 1 Water meter. The XL Backyard is fully-fenced with mature, enveloping trees and currently used for ample parking. Unit #1 has its own separate yard spaces with a new DG covering, landscaping and a thriving Banana tree. Tons of potential to create separate yard spaces for the other two units, dedicated parking spaces and/or a large, landscaped patio. The beautiful, mature twin palms in the front yard are some of the tallest palms in the area and can be seen for miles swaying in the LA skyline. The area has a vibrant cultural, social and entertainment history and is home to the yearly famed Central Ave Jazz festival. Centrally located near restaurants, shopping, major freeways, USC, DTLA and public transportation. Units are currently or will be vacant at the close of escrow so you can set the rent to the current market value. If you're looking for a smart investment opportunity with a good Cap Rate of 6.9%, then this is your perfect chance.

Property Details

Property Features

Property Information:

  • Architectural Style: Craftsman
  • Year Built: 1904
  • Stories: 1
  • Living Area: 1,557 SqFt

Listing Office:

  • Office Name: Coldwell Banker Realty
  • Office Phone: (818) 788-5400
  • Listing Agent: Simone Poingsett

Interior Features

Interior Information:

  • Appliances: Microwave, Range, Refrigerator
  • Interior: Ceiling Fan(s)
  • Fireplace: None

Bedroom and Bathroom Information:

  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • View: None

Parking Information:

  • Parking: Gated, Oversized, RV Potential, Side By Side, Uncovered

Lot Features

Lot Information:

  • Lot: Front Yard
  • Lot Size: 0.14 Acres

Utilities

Utilities Information:

  • Heating: Wall Furnace

Other

Directions Information:

  • Directions: South of MLK / West of Central Ave

Price Information

Listing Price Info

Price Summary:

  • List Price: $749,000
  • Price Per SqFt: $481/SqFt

Tax Information:

  • Annual Amount: $5,727
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Los Angeles, CA.

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Los Angeles, CA

City

Med. Sold Price

$1.0M

Med. Price/SqFt

$640

Avg. Days On Market

38

# of Sold Homes

1542

4166 Wadsworth Ave vs Los Angeles

139 DAYS ON ROCKET

+101 Days

$749,000

-$274.4K Less

$481/SqFt

-$160 Less

KEY TAKEAWAY

This property is $274.4K less than the Median Sold Price and $160/SqFt less than other homes in Los Angeles, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #23338163

Listing Office:

  • Office Name: Coldwell Banker Realty
  • Office Phone: (818) 788-5400
  • Listing Agent: Simone Poingsett

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/21/2024, 3:20:58 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Apr 22, 2019Home Sold
$444,000
Oct 31, 2017Home Sold
$317,000
Apr 07, 1998Home Sold
$110,500

Tax History

YEARPROP. TAXASSESSMENT
2021$5,727$457,571
2020$5,376$452,880
2019$5,302$428,400
2018$2,171$420,000
2017$2,171$158,871

History based on county public records data.

Payment Calculator

$3,806

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,312

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-341630
3
/10

  • Harmony Elementary School

  • 899 E 42nd St

  • 0.09 miles

  • Public District Grades PK-5

school-card-donut-341631
3
/10

  • Wadsworth Elementary School

  • 981 E 41st St

  • 0.12 miles

  • Public District Grades KG-5

school-card-donut-341632
4
/10

  • Center for Advanced Learning

  • 4016 S Central Ave

  • 0.26 miles

  • Public Charter Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $25,769. The most common annual income of people living in Los Angeles, CA is less than $35k. Most families are married, with kids. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 4166 Wadsworth Ave

What is the listing price of this property?

The listing price of 4166 Wadsworth Ave property is $749,000.

What type of property is this?

The property 4166 Wadsworth Ave is a house located in Los Angeles, California, 90011.

Is this property for sale now?

Active Listing: 4166 Wadsworth Ave is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $5,727 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on April 22, 2019 for $444,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 4166 Wadsworth Ave has 3 bedrooms and 3 bathrooms.

What is the square footage of this property?

The property 4166 Wadsworth Ave is 1,557 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 4166 Wadsworth Ave is 1904.

Rocket Homes›California›Los Angeles County›Los Angeles›90011›4166 Wadsworth Ave

This home is located at 4166 Wadsworth Ave in Los Angeles, CA and zip code 90011 in the South LA neighborhood. This 1,557 square foot home, which was built in 1904, sits on a 0.14 acre lot. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since July 04, 2024 and is currently priced at $749,000.

In October 2024 more than 598 listings in Los Angeles, CA were sold above the asking price. During the same period more than 191 listings were sold at asking price, while more than 753 were sold below. In October 2024 in Los Angeles, CA there were 11.2% more homes for sale than in September 2024. The median list price of listings available in October 2024 was $1,023,474, while the average time on the real estate market was 38 days.

From Rocket Homes Real Estate and based on county public records data.

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