8921 Wadsworth, Los Angeles, California 90002, Los Angeles, 90002 - bed, bath
ACTIVE$1,499,999$2,963/sqft
8921 Wadsworth, Los Angeles, California 90002
0Bed
0Bath
2,963Sqft
5,091Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Great Schools: High School: Compton Early College High (9/10).
Top Cons:
MLS Listing Discrepancy: Living area discrepancy between mls listing and other public or private record. mls listing living area = 2963, other record living area = 2006.
Compared to the nearby listings
Price:$1.50M vs avg $937.0K (+$562,999)93%
Size:2,963 sqft vs avg 2,446 sqft53%
Price/sqft:$506 vs avg $34093%
More Insights
Built in 1939 (87 years old).
Condition: Despite being built in 1939, this property has undergone a comprehensive and recent renovation, as evidenced by the 'fully remodeled' description, 'zero deferred maintenance,' and 'recent capital improvements including new roofs, plumbing, and electrical throughout.' The interior features new recessed lighting, modern kitchens with new cabinetry, countertops, and updated stainless steel appliances, as well as ductless heating and air conditioning, new windows, and fresh paint. The bathrooms are also fully updated with contemporary finishes, vanities, and tile work. The inclusion of a 'brand new ADU' further confirms extensive recent upgrades, making all components virtually new and meeting current quality standards.
Year Built
1939
Close
-
List price
$1.5M
Original List price
$1.5M
Price/Sqft
$506
HOA
-
Days on market
-
Sold On
-
MLS number
DW26004450
Home ConditionExcellent
Features
View-
About this home
Turnkey, fully remodeled 4-unit investment offering strong market rents and zero deferred maintenance. Ideal for a 1031 exchange or hands-off investor, this property is positioned on a large corner lot with excellent street parking and a highly desirable unit mix. 8921 Wadsworth consists of four units: one detached 3BD/2BA single-family home, one 2BD/2BA unit (brand new ADU) , and two 1BD/1BA units. Each unit features washer/dryer hookups, with walk-in closets in the one-bedroom units. Recent capital improvements include new roofs, plumbing, and electrical throughout. Interior upgrades include recessed lighting, renovated kitchens with new cabinetry and countertops, updated appliances (stove & microwave), ductless heating and air conditioning, new windows, and fresh interior/exterior paint. A shared common area provides additional parking or outdoor space. Centrally located near freeways, schools, shopping, and public transit, this stabilized asset offers immediate cash flow and long-term appreciation. A true turnkey opportunity for investors seeking reliable returns in a prime location.
D
Daniel Howard
Listing Agent
Nearby schools
5/10
Russell Elementary School
Public,•K-6•0.5mi
5/10
Ninety-Ninth Street Elementary School
Public,•K-6•0.6mi
3/10
Ninety-Third Street Elementary School
Public,•K-6•0.6mi
3/10
South Park Elementary School
Public,•K-6•0.6mi
3/10
Ninety-Sixth Street Elementary School
Public,•K-6•0.7mi
2/10
One Hundred Ninth Street Elementary School
Public,•K-5•1.3mi
4/10
One Hundred Seventh Street Elementary School
Public,•K-5•1.3mi
3/10
One Hundred Twelfth Street Elementary School
Public,•K-5•1.5mi
4/10
One Hundred Sixteenth Street Elementary School
Public,•K-5•1.9mi
5/10
One Hundred Eighteenth Street School
Public,•K-5•2.1mi
6/10
One Hundred Twenty-Second Street Elementary School
Public,•K-5•2.4mi
1/10
Charles Drew Middle School
Public,•6-8•0.8mi
3/10
Edwin Markham Middle School
Public,•6-8•1.2mi
2/10
Mary Mcleod Bethune Middle School
Public,•6-8•1.7mi
2/10
Samuel Gompers Middle School
Public,•6-8•1.9mi
3/10
Carver Elementary School
Public,•PK-8•2.2mi
5/10
Willowbrook Middle School
Public,•6-8•2.9mi
3/10
John C. Fremont Senior High School
Public,•9-12•1.2mi
2/10
David Starr Jordan Senior High School
Public,•9-12•1.8mi
3/10
Centennial High School
Public,•9-12•2.7mi
9/10
Compton Early College High
Public,•9-12•2.9mi
Price History
Date
Event
Price
04/24/01
Sold
$230,000
10/29/21
Sold
$675,000
04/25/19
Sold
$590,000
06/01/18
Sold
$486,000
Condition Rating
Excellent
Despite being built in 1939, this property has undergone a comprehensive and recent renovation, as evidenced by the 'fully remodeled' description, 'zero deferred maintenance,' and 'recent capital improvements including new roofs, plumbing, and electrical throughout.' The interior features new recessed lighting, modern kitchens with new cabinetry, countertops, and updated stainless steel appliances, as well as ductless heating and air conditioning, new windows, and fresh paint. The bathrooms are also fully updated with contemporary finishes, vanities, and tile work. The inclusion of a 'brand new ADU' further confirms extensive recent upgrades, making all components virtually new and meeting current quality standards.
Pros & Cons
Pros
Great Schools: High School: Compton Early College High (9/10).
Turnkey & Fully Remodeled: The property is a 'Turnkey, fully remodeled 4-unit investment' with 'zero deferred maintenance' and extensive recent capital improvements including new roofs, plumbing, electrical, and modern interior upgrades throughout.
Strong Investment Fundamentals: Offers 'strong market rents,' 'immediate cash flow and long-term appreciation,' making it an ideal asset for a 1031 exchange or hands-off investor seeking reliable returns.
Diverse Unit Mix with New ADU: Features a highly desirable unit mix including a detached 3BD/2BA single-family home, a brand new 2BD/2BA ADU, and two 1BD/1BA units, maximizing rental income potential and tenant appeal.
Modern Unit Amenities: Each unit is equipped with desirable amenities such as washer/dryer hookups, renovated kitchens with new cabinetry, countertops, updated appliances, and ductless heating and air conditioning.
Ample Parking & Corner Lot: Positioned on a large corner lot offering excellent street parking and a shared common area for additional parking or outdoor space, a significant advantage in the Los Angeles market.
Cons
MLS Listing Discrepancy: Living area discrepancy between mls listing and other public or private record. mls listing living area = 2963, other record living area = 2006.
Original Construction Age: Despite extensive renovations, the property's original build year of 1939 may raise concerns for some investors regarding the long-term integrity of non-updated structural components or overall building efficiency.
Mixed School Ratings: The immediate vicinity includes several schools with lower ratings (2-3 out of 10), which could potentially impact the desirability for family-oriented tenants or long-term appreciation in a competitive market.
Neighborhood Perception: While centrally located, the specific sub-market within Los Angeles (90002) may carry certain perceptions that could influence tenant demographics or the property's appeal to a broader investor base.