8921 Wadsworth, Los Angeles, California 90002, Los Angeles, 90002 - 0 bed, 0 bath
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Los Angeles, California 90002
This Turnkey Multi-Unit Investment is listed at $1,499,999, representing a premium, stabilized asset with a Fair Market Value of $1,366,941. Boasting an Excellent Condition Rating, the property features a detached 3BD/2BA home, a brand new ADU, and two 1BD units with zero deferred maintenance. Recent capital improvements include new roofs, plumbing, and a shared common area patio. Located near the 9/10 rated Compton Early College High, this high-yield asset is an ideal acquisition for 1031 Exchange Buyers or Buy-and-Hold Investors seeking immediate cash flow and long-term appreciation.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 8921 Wadsworth Subject | $1,499,999* List Price | 0 | 0 | 2,963 | $461 | - |
A 8711 Mckinley Place Active | $1,300,000 List Price | 0 | 0 | 3,646 | $357 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
This property has undergone a comprehensive and recent renovation, as explicitly stated in the description ('fully remodeled', 'zero deferred maintenance', 'recent capital improvements', 'brand new ADU'). The images confirm new roofs, plumbing, electrical, modern kitchens with new cabinetry, countertops, and stainless steel appliances, updated bathrooms with contemporary fixtures and tiling, new flooring throughout, recessed lighting, and ductless heating and air conditioning. All components appear new or virtually new, meeting current quality standards with no deferred maintenance.
High School: Compton Early College High (9/10).
The property is fully remodeled, offered as turnkey, and explicitly states 'zero deferred maintenance,' making it ready for immediate income generation without initial capital outlay for repairs.
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.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2963, other record living area = 2006.
Despite extensive renovations, the property was originally built in 1939, which may still raise concerns about the underlying structural integrity or foundation for some buyers, even with updated major systems.
Several nearby schools exhibit low ratings (1-3), which could be a deterrent for prospective tenants with school-aged children and potentially impact long-term desirability for family-oriented renters.
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.
No exterior & parking available.
Grades K-6 • 0.5 mi
Grades K-6 • 0.6 mi
Grades K-6 • 0.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 0.0 | 50% |
| Baths | 0.0 | 0.0 | 50% |
| Square foot | 2,963 | 2,297 | 63% |
| Lot Size | 5,091 | 4,853.5 | 56% |
| Price | $1.50M | $943.0K | 94% |
| Price per sq ft | $506 | $399 | 88% |
| Built year | 1939 | 1950 | 38% |
| HOA | $0 | $0 | 50% |
| Days on market | 105 | 172 | 25% |
Jan 7, 2026
$1,499,999
Initial Listing
Oct 29, 2021
$675,000
Public Record
Apr 25, 2019
$590,000
Public Record
Jun 1, 2018
$486,000
Public Record
Apr 24, 2001
$230,000
Public Record