4166 Wadsworth Avenue
Los Angeles, CA 90011
- – beds
- – baths
- – sqft
- 6,252 sqft lot
- 1904 build
- – on site
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 - BRAND NEW FOUNDATION & RETROFIT! 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 / 3 Water Heater units. 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. Big enough for RV parking, multiple cars and/or build a workshop. 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. DELIVERED COMPLETELY VACANT so you can set the rent to the current market value. Very rare! If you're looking for a smart investment opportunity with a good Cap Rate, then this is your perfect chance.
Last checked:
As a licensed real estate brokerage, Estately has access to the same database professional Realtors use: the Multiple Listing Service (or MLS). That means we can display all the properties listed by other member brokerages of the local Association of Realtors—unless the seller has requested that the listing not be published or marketed online.
The MLS is widely considered to be the most authoritative, up-to-date, accurate, and complete source of real estate for-sale in the USA.
Estately updates this data as quickly as possible and shares as much information with our users as allowed by local rules. Estately can also email you updates when new homes come on the market that match your search, change price, or go under contract.
Checking…
•
Last updated Apr 7, 2025
•
MLS# 25486931 —
This property is listed in more than one place. See it here.
The Building
-
Year Built:1904
-
New Construction:No
-
Building Area Total:1557.00
-
Total Number Of Units:3
-
# of Buildings:2
-
Architectural Style:Craftsman
-
Stories Total:1
-
# of Separate Gas Meters:3
-
# of Separate Electric Meters:3
Interior
-
Features:Ceiling Fan(s)
-
Levels:One
-
Flooring:Laminate
Location
-
Directions:South of MLK / West of Central Ave
-
Latitude:34.00777400
-
Longitude:-118.25875700
The Property
-
Property Type:Residential Income
-
Zoning:LAR2
-
Lot Features:Back Yard, Front Yard, Yard, Lawn
-
Lot Size Area:6252.0000
-
Lot Size Acres:0.1435
-
Lot Size SqFt:6252.00
-
View:None
Listing Agent
- Contact info:
- No listing contact info available
The Listing
-
Special Listing Conditions:Standard
-
Parcel Number:5115022029
Heating & Cooling
-
Heating:1
-
Heating:Wall Furnace
Utilities
-
Sewer:Other
Appliances
-
Appliances:Microwave, Refrigerator
-
Included:Yes
The Community
-
Association:No
-
Senior Community:No
-
Assessments:No
Parking
-
Parking:Yes
-
Parking:Uncovered, RV Potential, Gated, Oversized
-
Parking Spaces:2.00
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
2/14/25
Feb 14, 2025
|
Sold Subject To Contingencies | CRMLS_CA | $699,000 | |
|
1/21/25
Jan 21, 2025
|
Listed / Active | CRMLS_CA | $699,000 | 57.4% (10.0% / YR) |
|
9/26/24
Sep 26, 2024
|
Relisted | BRIDGE |
