3030 Weldon Ave, Los Angeles, CA 90065
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3030 Weldon Ave Los Angeles, CA 90065

$689,000 Sold Price as of 05/14/2019
  • 94 Beds
  • 62 Baths
  • 1,992 Sq.Ft.
Sold
$689,000 Sold Price as of 05/14/2019 Refinance Your Mortgage

Map preview of 3030 Weldon Ave, Los Angeles, CA 90065

Property Overview: 3030 Weldon Ave Los Angeles, CA has 94 bedrooms, 62 bathrooms, 1,992 living square feet and 5,309 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Glassell Park spacious duplex - Seize the opportunity to own this charming early 1900s duplex. Featuring a 2 Bedroom & 1 Bedroom - side by side. Move into one or collect all the rent! This property has been updated to preserve; old quality world charm. Both units feature hardwood floors, fireplace with mantel, period details & original built-ins. Plenty of windows provide natural light and warmth throughout. Long private driveway leading to an easy care backyard. Minutes to freeway or a short stroll to Habitat Coffee, Target & Sprouts market.

Listed by Michelle Harnsberger | BRE #01022378 | Harnsberger Realty 1924
Co-listed by Brandon Harnsberger | BRE #01410580 | Harnsberger Realty 1924
Last checked: 11 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 6

Home details

Lot Sq. Ft
5,309
HOA Dues
$0/mo
Year built
1918
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
19452620
City
Los Angeles
County
Los Angeles
Time on Site
1355 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 1
  • # of Leased Units: 0
  • # of Electric Meters: 2
  • # of Gas Meters: 2
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 30
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $1,750
Unit Breakdown 2
  • # of Units: 32
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $1,750
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 4.18%
  • Gross Rent Multiplier: 16.7
  • Gross Scheduled Income: --
  • Net Operating Income: $0
  • Gross Operating Income: $0
  • # of Rented Garages: 0
  • Personal Property: $0
  • Improvements Total: $96,555
Annual Expense Breakdown
  • Total Operating Expense: --
  • Insurance: $2,400
  • Water/Sewer: $1,200

Property Details for 3030 Weldon Ave

Interior Features
Laundry Information
  • Has Laundry
  • Inside, Common Area
Fireplace Information
  • Has Fireplace
  • Decorative, Living Room
Room Information
  • Flooring: Vinyl, Wood
  • Basement
Kitchen Information
  • Has Appliances
  • Gas Water Heater
Interior Features
  • Levels: One
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • Has Parking
  • Parking Features: Concrete
Lot Information
  • Lot Features: Back Yard
Property Information
  • Has View
  • View: Hills, City Lights
  • Total # of Units: 2
  • Parcel Number: 5458027025
  • Foundation Details: Raised
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Utilities: Cable Available
Location / Neighborhood
Location Information
  • Directions: From Fletcher Drive, Go North onto Weldon Avenue, property located on left.
Neighborhood Information
  • Community Features: Sidewalks
View more facts & features

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Sale History for 3030 Weldon Ave

Last sold for $689,000 on May 14th, 2019
  • May, 2019

  • May 14, 2019

    Date

    Sold

    CRMLS: 19452620

    $689,000

    Price

  • Apr 11, 2019

    Date

    Pending

    CRMLS: 19452620

    $699,500

    Price

  • Apr 7, 2019

    Date

    Active

    CRMLS: 19452620

    $699,500

    Price

  • May, 2019

  • May 14, 2019

    Date

    Sold (Public Records)

    Public Records

    $689,000

    Price

  • January, 2019

  • Jan 1, 2019

    Date

    Expired

    CRMLS: 18373816

    $749,000

    Price

  • Aug 14, 2018

    Date

    Active

    CRMLS: 18373816

    $749,000

    Price

  • Listing provided courtesy of CRMLS

    Perfect owner/user opportunity on this 1918 side by side Victorian duplex in the heart of Glassell Park. This charming duplex is looking for a new owner to take advantage of the LARD2 zoning and either rebuild as a duplex or transform into a single family home. Currently almost 2000 sq ft the total square footage for each unit can be increased to more than double it's current size if desired. Owner can live in one unit and rent the second for excellent income. Seller is doing a 1031 Exchange and buyer to cooperate at no cost. One unit is currently vacant and the second unit will be delivered vacant at COE. Please do not disturb tenants or go on property without LA being present.

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Tax History for 3030 Weldon Ave

Assessed Value (2020): $702,780
Year Land Value Improved Value Assessed Value
2020 $396,780 $306,000 $702,780

Home Value Compared to the Market

This property vs the competition

3030 Weldon Ave sold on May 14, 2019 for 37.54% lower than the current median sold price for the city of Los Angeles which is $1,120,000. The median sold price per/sqft for Los Angeles is $724 and this home is sold at $351.15 per/sqft which puts the price per square foot 51.5% lower than the current median sale per square foot for the city of Los Angeles.

About 3030 Weldon Ave

Detailed summary of property

3030 Weldon Ave is a multi family that recently sold in Los Angeles, CA 90065. This multi family property offered 94 bedrooms, 62 bathrooms, roughly 1,992 living square feet, and sits on an approximately 5,309 square foot lot. 3030 Weldon Ave was first listed on ArdentRealEstateGroup.com on January 13, 2021. The homeowner sold the property for $689,000. Home in Los Angeles are selling for a median price of $1,120,000 and a median price per square foot of $724. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 37.54% lower than the current median priced home. Local homes that are currently for sale include 130 S Clarence St, 2316 Barlow St and 114 Vicente Fernandez St. While the average home in Los Angeles, CA is selling in 106 days, 3030 Weldon Ave has a days on market of 6 days. There are currently 4139 homes for sale in the Los Angeles real estate market and 2834 of them are single family homes while 1183 of them are condos and 115 are townhomes. For more information on this home for sale at 3030 Weldon Ave Los Angeles, CA 90065 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 3030 Weldon Ave

Public county record property details
Beds
3
Baths
2
Year built
1918
Sq. Ft.
1,992
Lot Size
5,308
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
114
APN
5458-027-025

The source for these homes facts are from public records.

90065 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,199,000
Median List Price/Sq.Ft.
$796
Median Sold Price
$1,253,094
Median Sold Price/Sq.Ft.
$681
Total Inventory
86
Median Sale to List Price %
100.25%
Avg Days on Market
33
Loan Type
Conventional (10%), FHA (0%), VA (0%), Cash (25%), Other (15%)

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.