See Home Value
$1,102,720*
Multifamily - Off Market

3031 Wellington Rd

Los Angeles, CA 90016
bedrooms
7 Beds
bathrooms
0 Bath
$986,000 - $1,204,000
Reference Base Price*
0.71%
Since Sep 1, 2023
CA-Los Angeles
Primary Model

About This Property

We are pleased to present this instantly cash-flowing investment opportunity in Jefferson Park on the cusp of Mid-City that comes complete with ready-to-issue plans to leverage upside on a 6,148 SF LARD2 lot. RTI plans call for the construction of a third unit which would be a 2-story, 3-bedroom, 2.5-bathroom ADU with a 2-car garage. The proposed unit would be erected adjacent to an existing garage behind the existing 2-story duplex. The existing duplex is composed of (2) 2-bedroom, 1-bathroom 1,196 SF units both currently occupied by tenants. The surrounding Jefferson Park neighborhood is a bustling cultural community featuring a multitude of commercial spaces, hubs for creatives, and restaurants of countless cuisines with historic landmarks and architecture sprawled throughout. Investments in this vicinity will certainly appreciate for years to come.
Unit Size
-
Days on Market
-
Land Size
0.14 acres
Price per sqft
-
Property Type
Multifamily
Property Taxes
-
HOA Dues
-
Year Built
1938

Price History

Date / Event Date Event Price
Aug 26, 2023 No longer available -
No longer available
May 24, 2023 Listed $1,095,000
Listed

Property Highlights

Air Conditioning


Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Multifamily
6 Beds
-
-
$1,150,000 Apr 13, 2023
-
-
Multifamily
5 Beds
-
-
$1,199,999 Aug 1, 2023
-
-
House
2 Beds
1.5 Baths
1,527 ft²
$704/ft²
$1,075,000 Jul 15, 2023
-
-
House
3 Beds
2 Baths
1,675 ft²
$567/ft²
$950,000 Jul 20, 2023
-
-
In Contract
House
3 Beds
2 Baths
1,462 ft²
$813/ft²
$1,189,000 May 15, 2023
-
-
House
4 Beds
2 Baths
1,457 ft²
$823/ft²
$1,199,000 Apr 12, 2023
-
-
In Contract
House
2 Beds
2 Baths
1,255 ft²
$793/ft²
$995,000 Jul 20, 2023
-
-
House
2 Beds
1.5 Baths
1,837 ft²
$653/ft²
$1,199,999 Jul 27, 2023
-
-
House
3 Beds
1 Bath
1,073 ft²
$978/ft²
$1,049,000 Jul 26, 2023
-
-
House
4 Beds
2 Baths
1,730 ft²
$684/ft²
$1,184,000 Aug 14, 2023
-
-
House
3 Beds
2 Baths
1,288 ft²
$738/ft²
$950,000 May 18, 2023
-
-

Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20230524
05/24/2023
7 Bed
-
-
$1,095,000
bedrooms
7 Bed
bathrooms
-
-
-
-
Yohann Bensimon
Keller Williams Hollywood Hills

Building Info

3031 Wellington Road 3031 Wellington Road, Los Angeles, CA 90016
More about this Building
3031 Wellington Road
Want to find out who owns 3031 Wellington Road, Los Angeles, CA 90016? Get detailed property transactions here .

About South LA


Similar Homes for Sale

Unit for sale at 2621 Vineyard Avenue, Los Angeles, CA 90016

$1,184,000

  • 4 Beds
  • 2 Baths
  • 1,730 ft²
2621 Vineyard Avenue, Los Angeles, CA 90016 Listing by Nuria Misares
Unit for sale at 3501 Hillcrest Drive, Los Angeles, CA 90016

$1,049,000

  • 3 Beds
  • 1 Bath
  • 1,073 ft²
3501 Hillcrest Drive, Los Angeles, CA 90016 Listing by Joseph Devarenne
Open House: 10AM - 1PM, Sun Aug 20
Unit for sale at 2201 West Boulevard, Los Angeles, CA 90016

$1,199,999

  • 2 Beds
  • 1.5 Baths
  • 1,837 ft²
2201 West Boulevard, Los Angeles, CA 90016 Listing by Alex 'Zan' Sacker

Nearby Rentals

Unit for rent at 1242 Masselin Ave, Los Angeles, CA, 90019

$6,000 /mo

  • 3 Beds
  • 2 Baths
  • 1,797 ft²
1242 Masselin Ave, Los Angeles, CA, 90019 Listing by Richard Battaglia
Unit for rent at 2248 W 29th Place, Los Angeles, CA, 90018

$5,250 /mo

  • 3 Beds
  • 2 Baths
  • 1,811 ft²
2248 W 29th Place, Los Angeles, CA, 90018 Listing by Anthony Elminoufi
Unit for rent at 5166 Packard Street, Los Angeles, CA, 90019

$3,850 /mo

  • 2 Beds
  • 1 Bath
  • 1,479 ft²
5166 Packard Street, Los Angeles, CA, 90019 Listing by Iris Siff


Quantcast