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3045 Wellington Rd, Los Angeles, CA 90016
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3045 Wellington Rd Los Angeles, CA 90016

$2,799,000
  • 3648 Beds
  • 3648 Baths
  • 5,247 Sq.Ft.
For Sale
$2,799,000 Get Pre-Qualified
Map preview of 3045 Wellington Rd, Los Angeles, CA 90016

Property Overview: 3045 Wellington Rd Los Angeles, CA has 3648 bedrooms, 3648 bathrooms, 5,247 living square feet and 6,147 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: 2023 Newer construction. All 3 units are rented. The property is located in the opportunity zone and non rent controlled. The water, Gas and Electricity are separately metered for all units. An incredible modern Spanish style design. High ceilings on the first floor. The rear units have Juliet balconies, regular balcony and private rear deck. The private rear decks are surrounded by hedges to give the maximum privacy for each unit. The front single family home has a large balcony on the second floor and patio on the first floor. The stainless steel appliances and washer, dryer are included. This is a real 3 units building and no ADU's. There are many french doors in units and enormous amount of natural light flowing into all units. There is central Air condition and heating. Operating expenses are very low. Your expenses are Gardner, taxes, insurance and misc repairs. Very close to Culver City, Whole foods, metro rail and walking distance from restaurants. Each unit is pre wired with it's own security camera system. The actual rent shown on the listing. Great cash flow and very low expenses. All Occupants to remain in the unit at close of escrow.

Listed by Suminda Sellahewa | BRE #01155576 | Avarnka Real Estate, Inc.
Last checked: 13 minutes ago | Last updated: September 18th, 2024 | Source CRMLS | DOM: 2

Home details

Lot Sq. Ft
6,147
HOA Dues
$0/mo
Year built
2023
Garage
--
Property Type:
Multi Family
Status
Active
MLS#
24441081
City
Los Angeles
County
Los Angeles
Time on Site
1 day
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 2
  • # of Leased Units: 3
  • # of Electric Meters: 3
  • # of Gas Meters: 3
  • # of Water Meters: 3
Unit Breakdown 1
  • # of Units: 304
  • # of Beds: 4
  • # of Baths: 4
  • Furnishing: Unfurnished
  • Actual Rent: $4,800
  • Total Rent: $4,800
  • Pro Forma/Market Rent: $4,800
Unit Breakdown 2
  • # of Units: 304
  • # of Beds: 4
  • # of Baths: 4
  • Furnishing: Unfurnished
  • Actual Rent: $4,800
  • Total Rent: $4,800
  • Pro Forma/Market Rent: $4,800
Unit Breakdown 3
  • # of Units: 304
  • # of Beds: 4
  • # of Baths: 4
  • Furnishing: Unfurnished
  • Actual Rent: $4,700
  • Total Rent: $4,700
  • Pro Forma/Market Rent: $4,700
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 5.03%
  • Gross Rent Multiplier: 16.31
  • Gross Scheduled Income: --
  • Net Operating Income: $140,712
  • Gross Operating Income: $0
Annual Expense Breakdown
  • Total Operating Expense: --

Open Houses for 3045 Wellington Rd

No upcoming open houses

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Property Details for 3045 Wellington Rd

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Heating Information
  • Has Heating
  • Central
Laundry Information
  • Has Laundry
  • Washer Included, Dryer Included, In Closet
Room Information
  • Flooring: Laminate, Tile
Kitchen Information
  • Has Appliances
  • Dishwasher, Disposal, Microwave, Refrigerator, Gas Oven
Interior Features
  • Levels: Two
  • Window Features: Double Pane Windows
  • Security Features: Smoke Detector(s), Fire Sprinkler System, Carbon Monoxide Detector(s)
Exterior Features
Exterior Information
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 7
  • Has Parking
  • Parking Features: Street, Uncovered
Lot Information
  • Lot Size Source: Assessor
Property Information
  • No View
  • View: None
  • Total # of Units: 3
  • Parcel Number: 5050028050
  • Year Built Source: Builder
  • Architectural Style: Spanish
  • Accessibility Features: None
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Other
Assessment Information
  • No Assessments
Location / Neighborhood
Location Information
  • Directions: North of Jefferson
View more facts & features

Local Los Angeles Agent

Sale History for 3045 Wellington Rd

Last sold for $800,000 on September 10th, 2020

  • September, 2024

  • Sep 17, 2024

    Date

    Active

    CRMLS: 24441081

    $2,799,000

    Price

  • January, 2024

  • Jan 1, 2024

    Date

    Expired

    CRMLS: 23296649

    $2,699,000

    Price

  • Aug 1, 2023

    Date

    Active

    CRMLS: 23296649

    $2,699,000

    Price

  • Listing provided courtesy of CRMLS

    Brand new construction just completed. The property is located in the opportunity zone and non rent controlled. The water, Gas and Electricity are separately metered for all units. An incredible modern Spanish style design. High ceilings on the first floor. The rear units have Juliet balconies, regular balcony and private rear deck. The front single family home has a large balcony on the second floor and patio on the first floor. The stainless steel appliances and washer, dryer are included. This is a real 3 units building and no ADU's. There are many french doors in units and enormous amount of natural light flowing into all units. There is central Air condition and heating. Operating expenses are very low. Your expenses are Gardner, taxes, insurance and misc repairs. Very close to Culver City, Whole foods, metro rail and walking distance from restaurants. Each unit is pre wired with it's own security camera system.

  • May, 2022

  • May 23, 2022

    Date

    Expired

    CRMLS: 21113351

    $1,375,000

    Price

  • Dec 21, 2021

    Date

    Active

    CRMLS: 21113351

    $1,400,000

    Price

  • Listing provided courtesy of CRMLS

    This is a rear opportunity to buy a vacant land with RTI Plans for 3 units. The seller had done the hard work and currently the property is a vacant land. The seller already have RTI plans and developer can start building immediately. You don't have to wait for plan approval, which save almost 1 year.

  • May, 2021

  • May 10, 2021

    Date

    Canceled

    CRMLS: 20591382

    $775,000

    Price

  • Aug 8, 2020

    Date

    Pending

    CRMLS: 20591382

    $775,000

    Price

  • Jul 27, 2020

    Date

    Active

    CRMLS: 20591382

    $775,000

    Price

  • Jun 16, 2020

    Date

    Pending

    CRMLS: 20591382

    $775,000

    Price

  • Jun 16, 2020

    Date

    Active

    CRMLS: 20591382

    $775,000

    Price

  • Listing provided courtesy of CRMLS

  • May, 2021

  • May 10, 2021

    Date

    Canceled

    CRMLS: 20548490

    $725,000

    Price

  • Aug 8, 2020

    Date

    Pending

    CRMLS: 20548490

    $725,000

    Price

  • Jul 27, 2020

    Date

    Active

    CRMLS: 20548490

    $725,000

    Price

  • Feb 19, 2020

    Date

    Pending

    CRMLS: 20548490

    $725,000

    Price

  • Jan 29, 2020

    Date

    Active

    CRMLS: 20548490

    $725,000

    Price

  • Listing provided courtesy of CRMLS

  • September, 2020

  • Sep 10, 2020

    Date

    Sold (Public Records)

    Public Records

    $800,000

    Price

  • May, 1994

  • May 10, 1994

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 3045 Wellington Rd

Assessed Value (2020): $43,880
Year Land Value Improved Value Assessed Value
2020 $26,428 $17,452 $43,880

Home Value Compared to the Market

This property vs the competition

3045 Wellington Rd is listed 133.25% higher than the median list price for the city of Los Angeles which has a median list price of $1,200,000. The median price per/sqft for Los Angeles is $768 and this home is listed at $533.45 per/sqft which puts the price per square foot 30.54% lower than the median price per square foot for the city of Los Angeles.

About 3045 Wellington Rd

Detailed summary of property

3045 Wellington Rd is a multi family located in Los Angeles, CA 90016 and is currently for sale. This multi family property offers 3648 bedrooms, 3648 bathrooms, roughly 5,247 living square feet, and sits on an approximately 6,147 square foot lot. 3045 Wellington Rd was first listed on ArdentRealEstateGroup.com on September 18, 2024. The homeowner is currently asking $2,799,000. The median priced home in Los Angeles is $1,200,000 with a median price per square foot of $768. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 133.25% higher than the median priced home. Local competing homes currently for sale include 2203 4th Ave, 4639 Lomita St and 4537 W 16th Pl. While the average home in Los Angeles, CA is selling in 106 days, 3045 Wellington Rd has a days on market of 2 days. There are currently 4052 homes for sale in the Los Angeles real estate market and 2782 of them are single family homes while 1148 of them are condos and 116 are townhomes. For more information on this home for sale at 3045 Wellington Rd Los Angeles, CA 90016 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 3045 Wellington Rd

Public county record property details
Beds
2
Baths
1
Year built
1926
Sq. Ft.
1,246
Lot Size
6,147
Stories
--
Type
Single Family Residential
Pool
No
Spa
No
County
Los Angeles
Lot#
292
APN
5050-028-050

The source for these homes facts are from public records.

90016 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,000,000
Median List Price/Sq.Ft.
$708
Median Sold Price
$1,012,000
Median Sold Price/Sq.Ft.
$691
Total Inventory
82
Median Sale to List Price %
101.2%
Avg Days on Market
35
Loan Type
Conventional (17.65%), FHA (0%), VA (0%), Cash (11.76%), Other (0%)

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(714) 706-1823

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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.

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