3078 Weldon Ave, Los Angeles, CA 90065
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3078 Weldon Ave Los Angeles, CA 90065

$780,000 Sold Price as of 03/26/2020
  • 2 Beds
  • 2 Baths
  • -- Sq.Ft.
Sold
$780,000 Sold Price as of 03/26/2020 Refinance Your Mortgage

Map preview of 3078 Weldon Ave, Los Angeles, CA 90065

Property Overview: 3078 Weldon Ave Los Angeles, CA has 2 bedrooms, 2 bathrooms, -- living square feet and 3,949 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Pssssst......Hidden behind a gate this secret pied--terre of a duplex is Glassell Park's best kept secret. Comprised of two one bedroom units stacked on top of one another, this duplex offers great indoor layouts and ample outdoor space. There is a large deck boasting views of Los Angeles dedicated to the upstairs unit, ripe for spending time and enjoying leisurely lunches with friends on the weekends. The downstairs unit offers an expansive, lush, verdant back yard, with plenty of spaces to enjoy sunning or a picnic. It's a fact: Spending time outside makes for happy tenants, happy tenants make for a happy landlord. If you've been considering investing in Los Angeles real estate, this would be a great place to start.Property is currently tenant occupied with time remaining on their leases. Please submit offers subject to interior inspection of property.

Listed by Kenya Reeves-Costa | BRE #01734058 | Keller Williams Realty Los Feliz
Last checked: 5 minutes ago | Last updated: May 5th, 2022 | Source CRMLS | DOM: 43

Home details

Lot Sq. Ft
3,949
HOA Dues
$0/mo
Year built
1922
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
19539396
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
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,975
  • Total Rent: $1,975
  • Pro Forma/Market Rent: $2,000
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,000
  • Total Rent: $2,000
  • Pro Forma/Market Rent: $2,100
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 16.25
  • Gross Scheduled Income: --
  • Net Operating Income: $45,300
  • Gross Operating Income: $47,700
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 3078 Weldon Ave

Interior Features
Heating Information
  • Has Heating
  • Natural Gas
Kitchen Information
  • Has Appliances
  • Refrigerator
Exterior Features
Exterior Information
  • Other Structures: Shed(s)
Lot Details / Garage and Parking
Parking/Garage Information
  • Has Parking
  • Parking Features: Driveway
Property Information
  • Total # of Units: 2
  • Parcel Number: 5458027013
Location / Neighborhood
Location Information
  • Directions: Google Maps
View more facts & features

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Sale History for 3078 Weldon Ave

Last sold for $780,000 on March 26th, 2020
  • March, 2020

  • Mar 27, 2020

    Date

    Sold

    CRMLS: 19539396

    $780,000

    Price

  • Feb 18, 2020

    Date

    Active Under Contract

    CRMLS: 19539396

    $775,000

    Price

  • Jan 8, 2020

    Date

    Active

    CRMLS: 19539396

    $775,000

    Price

  • March, 2020

  • Mar 26, 2020

    Date

    Sold (Public Records)

    Public Records

    $780,000

    Price

  • March, 2005

  • Mar 21, 2005

    Date

    Sold (Public Records)

    Public Records

    $430,000

    Price

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Tax History for 3078 Weldon Ave

Assessed Value (2020): $548,045
Year Land Value Improved Value Assessed Value
2020 $446,089 $101,956 $548,045

Home Value Compared to the Market

This property vs the competition

3078 Weldon Ave sold on March 26, 2020 for 30.8% lower than the current median sold price for the city of Los Angeles which is $1,120,000.

About 3078 Weldon Ave

Detailed summary of property

3078 Weldon Ave is a multi family that recently sold in Los Angeles, CA 90065. This multi family property offered 2 bedrooms, 2 bathrooms, roughly -- living square feet, and sits on an approximately 3,949 square foot lot. 3078 Weldon Ave was first listed on ArdentRealEstateGroup.com on January 13, 2021. The homeowner sold the property for $780,000. 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 30.8% lower than the current median priced home. Local homes that are currently for sale include 1337-1339 78th St, 2333 Eastlake Ave and 407 N Coronado St. While the average home in Los Angeles, CA is selling in 106 days, 3078 Weldon Ave has a days on market of 43 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 3078 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 3078 Weldon Ave

Public county record property details
Beds
2
Baths
2
Year built
1922
Sq. Ft.
1,038
Lot Size
3,948
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
109
APN
5458-027-013

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.