4928 W 20th Street, Los Angeles, California 90016, Los Angeles, 90016 - bed, bath

4928 W 20th Street, Los Angeles, California 90016 home-pic-0
ACTIVE$1,360,000
4928 W 20th Street, Los Angeles, California 90016
0Bed
0Bath
2,042Sqft
7,807Lot
Year Built
1924
Close
-
List price
$1.36M
Original List price
$1.36M
Price/Sqft
$666
HOA
-
Days on market
-
Sold On
-
MLS number
DW25002654
Home ConditionFair
Features
Patio
View-

About this home

We found 3 Cons,5 Pros. Rank: price - $1.36M(57th), sqft - 2042(50th), beds - undefined(50th), baths - undefined(50th).

Welcome to an unparalleled opportunity in the enchanting community of Mid City Heights and west of Adams close to freeway and transportation and conveniently close to freeway access and transportation routes, making it a prime location in the vibrant west side of Los Angeles. This exquisite Spanish-style duplex is a hidden gem, perfect for savvy investors seeking to craft their own vision or those aiming for lucrative cash flow. With its charming architectural features , including traditional Spanish ceilings, this property exudes character and warmth, capturing the essence of vintage elegance blended with modern sensibilities. Spanning a generous layout, this remarkable property boasts a total spacious bedrooms and 4 well appointed bathrooms. Freshly painted and meticulously maintained, it includes a separate unit at the rea, offering additional living space or rental potential. The thoughtful design and layout enhance the charm, providing an inviting atmosphere throughout. A delightful driveway provides ample parking, while the separate quarters in the attic present a unique opportunity for additional living arrangements. Most of rooms are currently rented, establishing a steady cash flow for the discerning investor. This property is a private sale and is subject to court confirmation, adding an exclusive layer to its appeal. In summary, this Spanish-style duplex is not just a property; it's an investment in a lifestyle, where location, distribution, and well-preserved charm coverage to create an exceptionl living experience. Don't miss your chance to seize this opportunity in a highly sought-after comunity!

Price History

Date
Event
Price
03/19/04
Sold
$500,000
09/09/03
Sold
$395,000
Condition Rating
Fair

Built in 1924, this Spanish-style duplex has been 'meticulously maintained' and 'freshly painted,' indicating good upkeep. However, the kitchen features older white appliances, dated white tile flooring, and cabinets that appear to be from an earlier renovation (likely 15-30 years ago), despite a more recent mosaic backsplash. The bathroom also shows signs of age with a basic vanity, older light fixtures, and functional but not modern tiling. While livable and functional, the property requires significant updates to the kitchen and bathrooms to meet current standards and styles. Major systems, given the age, likely show signs of being outdated, even if functional.
Pros & Cons

Pros

Prime Location: Situated in the desirable Mid City Heights, west of Adams, with excellent access to freeways and transportation routes, making it a highly sought-after area in West Los Angeles.
Strong Investment Potential: A Spanish-style duplex with existing steady cash flow from currently rented rooms, plus additional rental potential from a separate unit at the rear and attic quarters.
Architectural Charm: Exudes character with charming Spanish architectural features, including traditional ceilings, blending vintage elegance with modern sensibilities.
Versatile Layout & Additional Space: Offers a generous layout with a separate unit at the rear and unique attic quarters, providing flexibility for additional living arrangements or increased rental income.
Well-Maintained Condition: The property is freshly painted and meticulously maintained, suggesting good upkeep and readiness for new ownership.

Cons

Subject to Court Confirmation: The private sale is subject to court confirmation, which can introduce delays and uncertainty into the closing process.
Limited Immediate Owner-Occupancy: Most rooms are currently rented, which may complicate immediate move-in for a buyer intending to occupy the property rather than solely invest.
Age of Property: Built in 1924, while charming, older properties can imply potential for future maintenance or updates to major systems (e.g., plumbing, electrical) not explicitly detailed as modernized.

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