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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Devin McNichol & Aaron Bernbach

Devin McNichol & Aaron Bernbach

+1(424) 835-1470
$1,099,000
Est. payment /mo
3 Beds
2 Baths
1,333 SqFt
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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

Style Bungalow

Bedrooms 3

Full Baths 2

HOA Y/N No

Year Built 1926

Lot Size 5,251 Sqft

Acres 0.1205

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 Mid Los Angeles

Zoning LARD2

Rooms

Other Rooms Gazebo

Dining Room 0

Interior

Heating Central

Cooling Central

Flooring Hardwood

Fireplaces Type None

Equipment Ceiling Fan, Alarm System, Washer, Dryer, Range/Oven

Laundry Laundry Area, Inside, Room

Exterior

Parking Features Driveway

Garage Spaces 2.0

Pool None

View Y/N Yes

View City, City Lights

Building

Story 1

Architectural Style Bungalow

Level or Stories One

Others

Special Listing Condition Standard

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Listed by Dana Brody

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agent

Devin McNichol & Aaron Bernbach

+1(424) 835-1470

Agent | License ID: 02038322

Agent License ID: 02038322

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