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    3133 Weldon Avenue

    Los Angeles (City), CA 90065
    • $745,000
    • STATUS: Closed
    • ON SITE: 376 days
    • ID#: 19493396
    Sold - 01/06/2020
    $745,000
    SOLD - 01/06/2020
    • 0
      BEDS
    • 0.5
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1953
    County:

    School Ratings & Info

    Description

    "For the right buyer this is a great opportunity. It is currently a triplex with three 1 bed 1 bath units that can be delivered vacant. They all need work but here is the value play.... this triplex sits on a 21,000 sq ft lot that is 94 ft wide and, according to the Help Desk at Bldg and Safety, the lot can be split. The lot is only zoned R1 so that only allows for a single family residence to be built on the newly formed lot (can also have an ADU.) But at this price one can have a triplex that cash flows (if you do an awesome job on renovations it's not unreal to get $2150/mo on each unit) and basically have a whole 10,500 sq ft parcel virtually thrown in for free where one builds the house plus ADU. It has views and great privacy. It is waiting for you!"

    Sold by Rebecca Hekmatravan of Keller Williams Realty Los Feliz.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-08-06T18:30:27.107. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Allison James Estates and Homes. Licensed in the State of California, USA.

    www.teamforss.com/homes/97332544
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    3133 Weldon Avenue Los Angeles (City), CA 90065

    • Price: $795,000
    • Status: Closed
    • Updated: 11 min ago
    • ID#: 19493396
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.5
    Acres
    1953
    Built
    Neighborhood:
    623 - Glassel Park
    County:
    Los Angeles
    Area:
    623 - Glassel Park
    Property Description
    "For the right buyer this is a great opportunity. It is currently a triplex with three 1 bed 1 bath units that can be delivered vacant. They all need work but here is the value play.... this triplex sits on a 21,000 sq ft lot that is 94 ft wide and, according to the Help Desk at Bldg and Safety, the lot can be split. The lot is only zoned R1 so that only allows for a single family residence to be built on the newly formed lot (can also have an ADU.) But at this price one can have a triplex that cash flows (if you do an awesome job on renovations it's not unreal to get $2150/mo on each unit) and basically have a whole 10,500 sq ft parcel virtually thrown in for free where one builds the house plus ADU. It has views and great privacy. It is waiting for you!"
    Exterior Features

    Lot Size Units Square Feet

    Interior Features

    Heating Wall Furnace Heating YN Yes

    Property Features

    Gross Income 63000.00 Gross Multiplier 12.62 Gross Operating Income 63000.00 Net Operating Income 44100.00 Senior Community YN No Special Listing Conditions Standard Zoning Lar1

    Listing provided courtesy of Ken Shapiro of Silverwood Properties


    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-08-06T18:30:27.107. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Allison James Estates and Homes. Licensed in the State of California, USA.

     
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