3045 Wellington Road

Los Angeles, CA 90016

$2,699,000
Price
12
Beds
13
Baths
5,247 Sq. Ft.
$514 / Sq. Ft.
5,247
Sq. Ft.
$514
per Sq. Ft.

Description

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...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.
  1. Listed by Suminda Sellahewa • DRE #01155576 • Brokerage DRE #01155576 • Avarnka Real Estate, Inc.

Property Details for 3045 Wellington Road

Water Front
None
Zoning
LARD2
Style
Spanish
Accessibility Features
None
Parcel Number
5050028050
Total Units
3.0
Living Area
5247
Source Living Area
Estimated
LISTING UPDATED: 11/13/2024 10:05 PM

Property Details for 3045 Wellington Road

StatusActive
MLS #24-441081
Days on Market91
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built2023
Lot Size0.14 AC / 6,147 SF
CountyLos Angeles County

Building Information for 3045 Wellington Road

Stories2Residences-Year Built2023Building Size-Lot Size0.14 AC / 6,147 SF

Property Information for 3045 Wellington Road

Community / Development
Community / Development
  • Tax Mello Roos: No
  • Number Of Units: 3
  • Amenities: None
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Builder
  • Number Of Stories: 2
  • Number Of Buildings: 2
  • Type Of Units: Townhouse
  • View: No
  • View Description: None
  • View: None
  • Security Features: Smoke Detector, Fire Sprinklers, Carbon Monoxide Detector(s)
  • Direction Faces: East
  • Property Condition: New Construction
  • Sewer: In Street
  • Water Heaters: Yes
  • ADA Compliance: No
  • Additions Alterations: No
  • Water Heater Features: Gas, Tankless
  • Building Permit: Yes
Contract Info
Contract Info
  • Probate: No
  • Financing: Conventional, Cash To New Loan
  • Disclosures: Owner Has R.E. License, Flood Zone
  • Listing Type: Exclusive Right To Sell
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Actual
  • Gross Operating Income: $171,600
  • Net Operating Income: $140,712.00
  • Gross Income: $171,600
  • Cap Rate: 5.03%
  • Gross Rent Multiplier: $15.73
  • Actual Annual Gross Rent: $171,600.00
  • Actual Gross Annual Income: $171,600
  • Actual Rent Total: $14,300.00
  • Owner Pays: Gardener
  • Total Annual Expense: 38184
Land / Lot Info
Land / Lot Info
  • Land Lease Type: Fee
  • Land Lease: No
  • Additional Parcel Number: No
  • Alley: No
  • Lot Acreage: 0.1411
  • Lot Size Square Feet: 6147
  • Lot Size Dimensions: 47x131
  • Source Lot Size Dimensions: Vendor Enhanced
Parking Details
Parking Details
  • Parking Garage: Attached, On street, Uncovered
  • Total Parking: 7
  • Covered Parking: 2
  • Parking Features: Street, Uncovered
  • Attached Garage: Yes
Interior Features
Interior Features
  • Levels: Two
  • Cooling: Central Air
  • Cooling Type: Central
  • Heating: Central
  • Heating Type: Central
  • Flooring: Laminate, Tile
  • Equipment: Garbage Disposal, Dryer, Dishwasher, Microwave, Washer, Refrigerator, Range/Oven
  • Interior Features: None
  • Kitchen Features: Quartz Counters
  • Room Bathroom Features: Low Flow Toilet(s)
  • Bathroom Features: 2 Primary Baths, Low Flow Toilet(s)
  • Common Walls: Attached
  • Cooking Appliances: Microwave, Free Standing Gas, Oven-Gas
  • Laundry: In Closet, In Unit
  • Laundry Equipment: Own
  • Disability Access: None
Exterior Features
Exterior Features
  • Pool: No
  • Private Pool: No
  • Pool Description: None
  • Pool Features: None
  • Spa: No
  • Spa: None
  • Tennis: No
  • Tennis Court: None
  • Roof: Flat
  • Sprinklers: Front, Rear
  • Patio Features: None
  • Windows: Double Pane Windows
  • New Construction: Yes
  • Construction Materials: Stucco
  • Exterior Construction: Stucco
  • Construction MVO: Frame and Stucco
  • Foundation Details: None
  • Other Structural Features: Balcony, Custom Built
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 09-17-2024
  • Rent Control: No
  • Tenant Pays: Gas, Electricity, Water, Trash Collection
Unit Details
Unit 1 Information
  • Unit Beds: 4
  • Unit Baths: 5
  • Unit Furnished: No
  • Unit Rent: $4,800.00
  • Unit Actual Rent: $4,800.00
  • Unit Projected Rent: $4,800.00
  • Like Units: 304
Unit 2 Information
  • Unit Beds: 4
  • Unit Baths: 4
  • Unit Furnished: No
  • Unit Rent: $4,800.00
  • Unit Actual Rent: $4,800.00
  • Unit Projected Rent: $4,800.00
  • Like Units: 304
Unit 3 Information
  • Unit Beds: 4
  • Unit Baths: 4
  • Unit Furnished: No
  • Unit Rent: $4,700.00
  • Unit Actual Rent: $4,700.00
  • Unit Projected Rent: $4,700.00
  • Like Units: 304
Unit Details
  • Unit Type Type: 2106, 2107, 2108
  • Number of Carpet: 0
  • Number of Dishwasher: 3
  • Number of Disposal: 3
  • Number of Electric Meters: 3
  • Number of Gas Meters: 3
  • Number Leased: 3
  • Number Range: 3
  • Number Refrigerator: 3
  • Number Water Meters: 3
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $163,200.00
  • Assessed Improvement Percent: 20.0
  • Assessed Land Value: $652,800.00
  • Assessed Land Percent: 80
  • Assessed Total Value: $816,000.00
  • Private Transfer Taxes: No

Property History for 3045 Wellington Road

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 3045 Wellington Road

Taxable ValueLand$679,173Additions$169,793Total$848,966
Tax Record2024$26,952 ($2,246 / month)
Home Facts
Beds2Total Finished SqFt1,246 SqFtAbove Grade Finished SqFt1,246 SqFtStories1Lot Size6,147 SqFtStyleSingle Family ResidenceYear Built1926ZoningLARD2CountyLOS ANGELESAPN5050-028-050

Schools near 3045 Wellington Road

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Charter - K to 8
Rating
School
Distance
Virginia Road Elementary School
PublicK to 5

Johnnie Cochran, Jr., Middle School
Public6 to 8

Susan Miller Dorsey Senior High School
Public9 to 12

ISANA Nascent Academy
CharterK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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3045 Wellington Road is a multi-family home for sale in Los Angeles, CA 90016. This property was listed for sale on September 17, 2024 by Avarnka Real Estate, Inc., it's currently listed at $2,699,000. It has been on the market for a total of 91 days and was last sold on August 10, 2020. This listing's school district is Los Angeles Unified School District. Nearby schools include Virginia Road Elementary School, Johnnie Cochran, Jr., Middle School and Susan Miller Dorsey Senior High School. 3045 Wellington Road is a 12-bed, 13-bath, 5,247 sqft multi-family home built in 2023.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Avarnka Real Estate, Inc., Suminda Sellahewa, DRE #01155576

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.