4166 Wadsworth Ave Los Angeles, CA 90011
Historic South Central Neighborhood
3
Beds
3
Baths
1,557
Sq Ft
6,252
Sq Ft Lot
Highlights
- Gated Parking
- Lawn
- Ceiling Fan
- Craftsman Architecture
- Fenced Yard
- 1-Story Property
About This Home
As of April 2025Welcome 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 Agent to Sell the Property
Simone Poingsett
Coldwell Banker Realty License #01894240 Listed on: 01/21/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,192
Year Built
- Built in 1904
Lot Details
- 6,252 Sq Ft Lot
- Fenced Yard
- Lawn
Home Design
- Triplex
- Craftsman Architecture
Interior Spaces
- 1,557 Sq Ft Home
- 1-Story Property
- Ceiling Fan
- Laminate Flooring
Kitchen
- Oven or Range
- Microwave
Bedrooms and Bathrooms
- 3 Bedrooms
- 3 Bathrooms
Parking
- 4 Parking Spaces
- Gated Parking
- Uncovered Parking
- RV Potential
Location
- City Lot
Utilities
- Heating System Mounted To A Wall or Window
- Water Heater
- Sewer in Street
Community Details
- 2 Buildings
- 3 Units
Listing and Financial Details
- Assessor Parcel Number 5115-022-029
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Feb 18, 2025
Sold by
Alexander Andrae
Bought by
Morales Josep Rivera and Reyes Isabel Paula
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$722,000
Interest Rate
6.65%
Mortgage Type
New Conventional
Purchase Details
Listed on
Mar 13, 2019
Closed on
Mar 20, 2019
Sold by
Griffin Westminster Froperties I Llc
Bought by
Alexander Andrae
Seller's Agent
Alaura Clennon
Griffin Real Estate, Inc.
Buyer's Agent
Ronald Love
Mel Wilson & Associates - Realtors
List Price
$439,990
Sold Price
$444,000
Premium/Discount to List
$4,010
0.91%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.56%
Original Mortgage
$444,000
Interest Rate
4.4%
Mortgage Type
VA
Purchase Details
Closed on
Oct 27, 2017
Sold by
Arias Luis
Bought by
Griffin Westminster Properties I Llc
Purchase Details
Closed on
Dec 5, 2016
Sold by
Jaramillo Keyla
Bought by
The Wadsworth Living Trust
Purchase Details
Closed on
Sep 6, 2011
Sold by
Dejaramillo Maria Margarita Vazquez
Bought by
Jaramillo Keyla
Purchase Details
Closed on
Nov 1, 2010
Sold by
Dejaramillo Maria Margarita Vazquez and Gamez Eulalia Navez
Bought by
Dejaramillo Maria Margarita Vazquez
Purchase Details
Closed on
Oct 8, 2007
Sold by
Dejaramillo Maria Margarita Vasquez
Bought by
Dejaramillo Maria Margarita Vasquez and Gamez Eulalia Naves
Purchase Details
Closed on
Jul 18, 2006
Sold by
Arias Luis
Bought by
Dejaramillo Maria Margarita Vazquez
Purchase Details
Closed on
Sep 1, 2000
Sold by
Jaramillo Obed
Bought by
Arias Luis
Purchase Details
Closed on
Mar 20, 1998
Sold by
Family Trust Simmons Howard And Barbara Trs S
Bought by
Arias Luis and Jaramillo Obed
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,106
Interest Rate
7%
Mortgage Type
FHA
Purchase Details
Closed on
May 31, 1994
Sold by
Simmons Barbara Ann C and Simmons Howard L
Bought by
Simmons Howard L and Simmons Barbara Ann C
Similar Homes in Los Angeles, CA
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $760,000 | Equity Title Company | |
| Grant Deed | $444,000 | Usa National Title Co | |
| Trustee Deed | $317,000 | Stewart Title East | |
| Grant Deed | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | Nations Title Company Of Ca | |
| Grant Deed | -- | Accommodation | |
| Gift Deed | -- | -- | |
| Grant Deed | $110,500 | -- | |
| Grant Deed | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $722,000 | New Conventional | |
| Previous Owner | $444,000 | VA | |
| Previous Owner | $6,000,000 | Credit Line Revolving | |
| Previous Owner | $148,000 | Unknown | |
| Previous Owner | $110,106 | FHA |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/25/2025 04/25/25 | Sold | $760,000 | +8.7% | $488 / Sq Ft |
| 02/14/2025 02/14/25 | Pending | -- | -- | -- |
| 01/21/2025 01/21/25 | For Sale | $699,000 | +57.4% | $449 / Sq Ft |
| 04/22/2019 04/22/19 | Sold | $444,000 | +0.9% | $344 / Sq Ft |
| 03/18/2019 03/18/19 | Pending | -- | -- | -- |
| 03/13/2019 03/13/19 | For Sale | $439,990 | -- | $341 / Sq Ft |
Source: The MLS
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $6,192 | $495,286 | $356,964 | $138,322 |
| 2024 | $6,192 | $485,575 | $349,965 | $135,610 |
| 2023 | $6,077 | $476,054 | $343,103 | $132,951 |
| 2022 | $5,801 | $466,721 | $336,376 | $130,345 |
| 2021 | $5,727 | $457,571 | $329,781 | $127,790 |
| 2020 | $5,781 | $452,880 | $326,400 | $126,480 |
| 2019 | $5,377 | $428,400 | $295,800 | $132,600 |
| 2018 | $5,303 | $420,000 | $290,000 | $130,000 |
| 2017 | $2,171 | $158,871 | $61,037 | $97,834 |
| 2016 | $2,113 | $155,757 | $59,841 | $95,916 |
| 2015 | $2,085 | $153,419 | $58,943 | $94,476 |
| 2014 | $2,113 | $150,415 | $57,789 | $92,626 |
Source: Public Records
Agents Affiliated with this Home
-
Simone Poingsett
S
Seller's Agent in 2025
Simone Poingsett
Coldwell Banker Realty
(877) 973-3346
1 in this area
35 Total Sales
-
William Aquino
W
Buyer's Agent in 2025
William Aquino
Century 21 LOTUS
(424) 240-4689
2 in this area
36 Total Sales
-
Alaura Clennon
Seller's Agent in 2019
Alaura Clennon
Griffin Real Estate, Inc.
(949) 940-5143
37 Total Sales
-
Ronald Love
R
Buyer's Agent in 2019
Ronald Love
Mel Wilson & Associates - Realtors
(818) 336-6777
Map
Source: The MLS
MLS Number: 25-486931
APN: 5115-022-029
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© 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). 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. Properties may or may not be listed by the office/agent presenting the information.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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