1902 Wellington Road,  Los Angeles CA, 90016 (Residential Income)

4,550 sqft
Status: Sold
MLS#: 15819079
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Last Updated: 12/9/2016 8:56 PM
Description for 1902 Wellington Road Los Angeles, CA 90016
These six units are investment opportunity in a quiet residential pocket of Los Angeles known as Wellington Square. Wellington Square is located between the 10 Freeway and Washington Boulevards at the edge of the West Adams district. The subject property is one of only a handful of apartment complexes in the area. The complex consists on a corner lot of over 14,000 square feet with R3 zoning. Five of the units have two bedrooms with one bath and Unit #2 has two bedrooms with two baths. There is covered parking and plenty of open space for tenant enjoyment. Three units have new paint interior, new wood floor or carpet. All windows are new dual glass. According to Building & Safety up to 17 units can be built there (check w/city). Buyer agrees to cooperate with sellers 1031 exchange. PLEASE DO NOT DISTURB TENANTS.
Price
Sold Price:
$1,330,000
Sold Date:05/06/2015
Los Angeles
4,550 (approx)
15819079
Closed
Description
These six units are investment opportunity in a quiet residential pocket of Los Angeles known as Wellington Square. Wellington Square is located between the 10 Freeway and Washington Boulevards at the edge of the West Adams district. The subject property is one of only a handful of apartment complexes in the area. The complex consists on a corner lot of over 14,000 square feet with R3 zoning. Five of the units have two bedrooms with one bath and Unit #2 has two bedrooms with two baths. There is covered parking and plenty of open space for tenant enjoyment. Three units have new paint interior, new wood floor or carpet. All windows are new dual glass. According to Building & Safety up to 17 units can be built there (check w/city). Buyer agrees to cooperate with sellers 1031 exchange. PLEASE DO NOT DISTURB TENANTS.
Listing Information
Property Type: Cluster, Other
0.32 Acres 4,550 (approx)
1957
6 Total
Neighborhood
Room Information
No Laundry Facility
Interior Features
None
None
Exterior / Lot Features
6 Parking Spaces
LAR3
Driving Directions
Between the 10 fwy and Washington Blvd.
Financial Considerations
5061001015
Listing Price History

Los Angeles Real Estate

Los Angeles is located in California. Los Angeles, California 90016 has a population of 3,804,503.

The median household income in Los Angeles, California 90016 is $49,745. The median household income for the surrounding county is $56,241 compared to the national median of $53,046. The median age of people living in Los Angeles 90016 is 34.1 years.

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Courtesy: RE/MAX Mega Group Myung Seung Shin
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Information is deemed reliable but is not guaranteed.

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