3118 Weldon Ave, Los Angeles, CA 90065
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3118 Weldon Ave Los Angeles, CA 90065

$1,150,000 Sold Price as of 08/27/2024
  • 4 Beds
  • 5 Baths
  • 2,584 Sq.Ft.
Sold
$1,150,000 Sold Price as of 08/27/2024 Refinance Your Mortgage

Map preview of 3118 Weldon Ave, Los Angeles, CA 90065

Property Overview: 3118 Weldon Ave Los Angeles, CA has 4 bedrooms, 5 bathrooms, 2,584 living square feet and 4,517 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Discover a remarkable investment opportunity in the vibrant community of Glassell Park. Nestled in the hills amidst a tranquil neighborhood of single-family homes, yet conveniently close to Eagle Rock, Pasadena, the LA River trail, and downtown Los Angeles, this triplex offers both serenity and accessibility. The main house, meticulously maintained and updated, spans two stories with 2 bedrooms and 3 bathrooms and will be vacant. It features an updated kitchen and bathrooms, complemented by original mid-century elements like hardwood floors, ironwork, and PV stone fireplaces. Expansive decks provide unobstructed views from every floor, perfect for relaxing or entertaining. The front unit is a charming 1 bedroom, 1 bathroom bungalow with its own private yard, offering a cozy retreat. The lower unit, also with 1 bedroom and 1 bathroom, boasts a private backyard and stunning mountain views and is vacant. Whether you're looking to expand your investment portfolio or seeking a property to live in while generating rental income, this triplex offers an exceptional opportunity. Live in one unit and let the others contribute towards your mortgage payments, maximizing your investment potential.

Listed by Ian Ferguson | BRE #01983607 | Greenspan Realty
Last checked: 14 minutes ago | Last updated: August 28th, 2024 | Source CRMLS | DOM: 53

Home details

Lot Sq. Ft
4,517
HOA Dues
$0/mo
Year built
1947
Garage
1 Car
Property Type:
Multi Family
Status
Sold
MLS#
24406131
City
Los Angeles
County
Los Angeles
Time on Site
100 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 2
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Total Rent: $1,580
  • Pro Forma/Market Rent: $4,400
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 3
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $3,600
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 0
  • Gross Scheduled Income: --
  • Net Operating Income: $0
  • Gross Operating Income: $0
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 3118 Weldon Ave

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Heating Information
  • Has Heating
  • Forced Air
Laundry Information
  • Has Laundry
  • Washer Included, In Garage
Fireplace Information
  • Has Fireplace
  • Family Room
Room Information
  • Flooring: Wood
  • Primary Bathroom, Living Room, Guest/Maid's Quarters
Kitchen Information
  • Has Appliances
  • Microwave, Refrigerator
Interior Features
  • Levels: Multi/Split
  • Security Features: Gated Community
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 Garage Spaces: 1
  • # of Parking Spaces: 4
  • Has Parking
  • Parking Features: Garage - Single Door, Shared Driveway, Street
Property Information
  • Has View
  • View: City Lights, Hills, Panoramic
  • Total # of Units: 3
  • Parcel Number: 5458027002
  • Architectural Style: Mid Century Modern
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Assessment Information
  • No Assessments
Location / Neighborhood
Location Information
  • Directions: Eagle Rock Blvd to Fletcher then slight right onto Weldon.
View more facts & features

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Sale History for 3118 Weldon Ave

Last sold for $1,150,000 on August 27th, 2024
  • August, 2024

  • Aug 27, 2024

    Date

    Sold

    CRMLS: 24406131

    $1,150,000

    Price

  • Jun 20, 2024

    Date

    Active

    CRMLS: 24406131

    $1,100,000

    Price

  • April, 2015

  • Apr 23, 2015

    Date

    Sold (Public Records)

    Public Records

    $789,000

    Price

  • August, 2004

  • Aug 26, 2004

    Date

    Sold (Public Records)

    Public Records

    $614,000

    Price

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Tax History for 3118 Weldon Ave

Assessed Value (2020): $878,049
Year Land Value Improved Value Assessed Value
2020 $658,262 $219,787 $878,049

Home Value Compared to the Market

This property vs the competition

3118 Weldon Ave sold on August 27, 2024 for 1.79% 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 $425.7 per/sqft which puts the price per square foot 41.2% lower than the current median sale per square foot for the city of Los Angeles.

About 3118 Weldon Ave

Detailed summary of property

3118 Weldon Ave is a multi family that recently sold in Los Angeles, CA 90065. This multi family property offered 4 bedrooms, 5 bathrooms, roughly 2,584 living square feet, and sits on an approximately 4,517 square foot lot. 3118 Weldon Ave was first listed on ArdentRealEstateGroup.com on June 20, 2024. The homeowner sold the property for $1,150,000. 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 1.79% lower than the current median priced home. Local homes that are currently for sale include 2141 Echo Park Ave, 1517 Baxter St and 4943 Granada St. While the average home in Los Angeles, CA is selling in 106 days, 3118 Weldon Ave has a days on market of 53 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 3118 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 3118 Weldon Ave

Public county record property details
Beds
4
Baths
5
Year built
1947
Sq. Ft.
2,584
Lot Size
4,517
Stories
--
Type
Triplex (3 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
105
APN
5458-027-002

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.