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Map
$1,102,720*
●
Multifamily -
Off Market
3031 Wellington Rd
Los Angeles, CA 90016
7 Beds
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
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Active
House
2
Beds
1.5
Baths
1,527 ft²
$704/ft²
$1,075,000
Jul 15, 2023
-
-
In Contract
House
4
Beds
2
Baths
1,457 ft²
$823/ft²
$1,199,000
Apr 12, 2023
-
-
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|---|---|---|---|---|---|---|---|
05/24/2023
|
|
7 Bed
|
-
|
-
|
$1,095,000
7 Bed
-
|
-
-
|
-
|
Yohann Bensimon
Keller Williams Hollywood Hills
|
Building Info
About South LA
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