CA > Los Angeles
Los Angeles, CA 90016,2911 Wellington RD
Los Angeles, CA 90016,2911 Wellington RD
Los Angeles, CA 90016,2911 Wellington RD
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$1,099,000
Est. payment /mo
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3 Beds
2 Baths
1,333 SqFt
New

2911 Wellington RD Los Angeles, CA 90016

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Coldwell Banker West

Coldwell Banker West

+1(619) 737-2126

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 1,333 sqft

Price per Sqft $824

MLS Listing ID 25534821

Bedrooms 3

Full Baths 2

HOA Y/N No

Year Built 1926

Lot Size 5,248 Sqft

Property Sub-Type Single Family Residence

Property Description

Amazing opportunity to add value in a prime location! Amazing property located on a beautiful tree-lined street close to everything, including many popular shops and restaurants in Mid-City, West Adams and Culver City. We are very pleased to offer 2911 Wellington Road, a 3 bedroom 2 bath totaling 1,333 sf on an underutilized 5,233 square foot lot zoned R2 with huge potential to significantly increase the rental income stream through the addition of new units on the lot. Updated zoning laws for R2 lots allows a new owner to divide the existing house into a triplex (convert existing to duplex with a newly attached junior ADU) and add two detached ADUs at the rear, creating a new 5 unit income generating property on this lot (Buyer to do their own investigations to verify). The multi-family rental market in the immediate area is extremely strong, multiple new construction units are renting for $6,000+ per unit less than one block away. Property also has previously fully approved plans for a detached 2 bed + Study + 3 bathroom 2-story 1,200 SF ADU unit with 4 car garage which Buyer can use or modify to maximize the number of units to be built now that many more can be built on the lot. Amazing opportunity to get into this hot rental market and maximize rental income by building additional units on the lot and generating significant monthly income in a prime rental market!

Location

State CA

County Los Angeles

Area C16 - Mid Los Angeles

Zoning LARD2

Rooms

Other Rooms Gazebo

Interior

Interior Features Ceiling Fan(s)

Heating Central

Cooling Central Air

Flooring Wood

Fireplaces Type None

Furnishings Unfurnished

Fireplace No

Appliance Dryer, Washer

Laundry Inside, Laundry Room

Exterior

Parking Features Driveway

Pool None

View Y/N Yes

View City Lights

Total Parking Spaces 2

Private Pool No

Building

Faces East

Story 1

Entry Level One

Architectural Style Bungalow

Level or Stories One

Additional Building Gazebo

New Construction No

Others

Senior Community No

Tax ID 5050021003

Financing Cash

Special Listing Condition Standard

California Regional MLS (CRMLS)
Listed by Dana Brody • Dana Brody

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agent

Coldwell Banker West

Broker | License ID: 00889834

+1(619) 737-2126

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2911 Wellington RD

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