3943 Wade Street, Los Angeles, California 90066, Los Angeles, 90066 - 5 bed, 4 bath
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Los Angeles, California 90066
Analysis of 3943 Wade Street, Los Angeles, California 90066 is currently available with a list price of $1,799,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Los Angeles Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Property is moderate renovation needed.
Built in 2002, the property is over 20 years old and appears to retain most of its original finishes. The kitchen features dated white appliances and cabinetry, while the flooring consists of older tile and carpet showing signs of age. The listing description explicitly mentions the home 'awaits your personal vision' and offers 'customization opportunity,' indicating that while the structure is solid and functional, the interior requires significant cosmetic updates and modernization to meet current market standards.
Boasting over 4,200 square feet of living space, this property offers a rare scale for the Mar Vista neighborhood, providing ample room for a large family or multi-functional living areas.
With a high Walk Score of 88 and proximity to top-rated schools and trendy amenities, the property is situated in one of Los Angeles' most desirable and appreciating communities.
Priced well below neighborhood comparables of $2.8M-$3.7M, this home presents a unique opportunity for savvy investors or end-users to build immediate equity through customization.
The property has a small lot size, more than 70 percent of which is taken by its living area. lot size in square feet = 4997, living area = 4214.
The emphasis on 'potential' and 'personal vision' suggests the 2002-built interior likely requires a significant capital investment to bring it up to modern luxury standards.
The large building footprint relative to the 4,997 square foot lot indicates a high lot-coverage ratio, resulting in minimal backyard space for a home of this substantial size.
Discover exceptional potential at 3943 Wade St, where over 4,200 square feet of living space awaits your personal vision in one of Los Angeles' most coveted neighborhoods. This substantial 5-bedroom, 4-bathroom home on a generous 5,000+ square foot lot offers the rare combination of impressive scale and customization opportunity that today's buyers are seeking. Built in 2002 with solid bones and thoughtful layout, this property presents the perfect canvas for creating your dream home while enjoying immediate access to Mar Vista's exceptional lifestyle.The location speaks for itselfwith a remarkable Walk Score of 88, you're steps from trendy restaurants, boutique shopping, and the vibrant community that makes Mar Vista a destination neighborhood. Families will appreciate proximity to some of LA's highest-rated schools, including two 10-rated elementary schools within a mile. The property's practical three-car driveway parking and welcoming front yard add both convenience and curb appeal.In today's competitive market where homes in Mar Vista are selling 6% above estimated values, this represents a unique opportunity to secure significant square footage in a prime location while adding your own finishing touches. With comparable properties selling between $2.8-3.7 million, savvy buyers will recognize the exceptional value proposition this home presents. The combination of space, location, and potential makes 3943 Wade St not just a home purchase, but a smart investment in one of LA's most desirable communities.
No exterior & parking available.
Grades K-5 • 0.5 mi
Grades K-5 • 0.5 mi
Grades K-5 • 1.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 3.0 | 82% |
| Baths | 4.0 | 3.0 | 68% |
| Square foot | 4,214 | 1,831.5 | 97% |
| Lot Size | 4,997 | 5,683.5 | 24% |
| Price | $1.80M | $2.00M | 40% |
| Price per sq ft | $427 | $1.2K | 1% |
| Built year | 2002 | 1950 | 78% |
| HOA | $0 | $0 | 50% |
| Days on market | 49 | 168 | 7% |
Mar 19, 2026
$1,799,000
$1,980,000
-9% Price Drop
Initial Listing
Mar 4, 2026
$1,980,000
Initial Listing