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3133 Weldon Ave Los Angeles, CA 90065

$745,000 Sold Price as of 01/06/2020

3 Beds
3 Baths
-- Sq.Ft.

Sold

$745,000 Sold Price as of 01/06/2020 Refinance Your Mortgage

Map preview of 3133 Weldon Ave, Los Angeles, CA 90065

Property Overview: 3133 Weldon Ave Los Angeles, CA has 3 bedrooms, 3 bathrooms, -- living square feet and 21,933 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: "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!"

Listed by Ken Shapiro | BRE #01881308 | Silverwood Properties

Last checked: 7 seconds ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 54

Home details

Lot Sq. Ft: 21,933
HOA Dues: $0/mo
Year built: 1953
Garage: --
Property Type:: Multi Family

Status: Sold
MLS#: 19493396
City: Los Angeles
County: Los Angeles
Time on Site: 1355 days

Multi-Family Unit Breakdown

Unit Mix Summary

Total # of Units: 3
Total # of Buildings: 1

Unit Breakdown 1

# of Units: 1
# of Beds: 1
# of Baths: 1
Furnishing: Unfurnished
Total Rent: $0
Pro Forma/Market Rent: $2,050

Unit Breakdown 2

# of Units: 1
# of Beds: 1
# of Baths: 1
Furnishing: Unfurnished
Total Rent: $0
Pro Forma/Market Rent: $2,250

Unit Breakdown 3

# of Units: 1
# of Beds: 1
# of Baths: 1
Furnishing: Unfurnished
Total Rent: $0
Pro Forma/Market Rent: $2,050

Multi-Family Income/Expense Information

Property Income and Analysis

Gross Rent Multiplier: 12.62
Gross Scheduled Income: --
Net Operating Income: $44,100
Gross Operating Income: $63,000

Annual Expense Breakdown

Total Operating Expense: --

Property Details for 3133 Weldon Ave

Interior Features

Heating Information

Has Heating
Wall Furnace

Lot Details / Garage and Parking

Property Information

Total # of Units: 3
Parcel Number: 5459012002

Location / Neighborhood

Location Information

Directions: Keep straight on Fletcher and turn right onto Weldon Ave

View more facts & features

Local Los Angeles Agent

Sale History for 3133 Weldon Ave

Last sold for $745,000 on January 6th, 2020

January, 2020
Jan 8, 2020

Date

Sold

CRMLS: 19493396

$745,000

Price
Oct 3, 2019

Date

Active Under Contract

CRMLS: 19493396

$795,000

Price
Oct 2, 2019

Date

Active

CRMLS: 19493396

$795,000

Price
Sep 20, 2019

Date

Active Under Contract

CRMLS: 19493396

$795,000

Price
Aug 27, 2019

Date

Active

CRMLS: 19493396

$795,000

Price
Aug 3, 2019

Date

Active Under Contract

CRMLS: 19493396

$795,000

Price
Jul 26, 2019

Date

Active

CRMLS: 19493396

$795,000

Price
January, 2020
Jan 6, 2020

Date

Sold (Public Records)

Public Records

$745,000

Price

Tax History for 3133 Weldon Ave

Assessed Value (2020): $360,309

Year	Land Value	Improved Value	Assessed Value
2020	$360,153	$156	$360,309

Home Value Compared to the Market

This property vs the competition

3133 Weldon Ave sold on January 6, 2020 for 29.02% lower than the current median sold price for the city of Los Angeles which is $1,120,000.

About 3133 Weldon Ave

Detailed summary of property

3133 Weldon Ave is a multi family that recently sold in Los Angeles, CA 90065. This multi family property offered 3 bedrooms, 3 bathrooms, roughly -- living square feet, and sits on an approximately 21,933 square foot lot. 3133 Weldon Ave was first listed on ArdentRealEstateGroup.com on January 13, 2021. The homeowner sold the property for $745,000. 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 29.02% lower than the current median priced home. Local homes that are currently for sale include 2922 Darwin Ave, 2105 Keith St and 673 N Boyle Ave. While the average home in Los Angeles, CA is selling in 106 days, 3133 Weldon Ave has a days on market of 54 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 3133 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 3133 Weldon Ave

Public county record property details

Beds: 4
Baths: 3
Year built: 1953
Sq. Ft.: 1,440
Lot Size: 21,943
Stories: --

Type: Triplex (3 Units, Any Combination)
Pool: No
Spa: No
County: Los Angeles
Lot#: 126
APN: 5459-012-002

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

Median Sale to List Price %

100.25%

Avg Days on Market

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.