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2911 Wellington Road
USD 1,099,000
Property ID: 25529073
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2911 Wellington Road ,90016
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icon 5251 SqFt
icon Built in 1926
icon USD 209/SqFt
icon 3 Beds
icon 2 Full
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Location
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Interior Details
Bedrooms
3
Bathrooms
2
Interior Size
1333
Construction Details
Property Type --
Property Condition --
Architectural Style --
New Construction --
Year Built 1926
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Detailed Introduction Of This Home
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!
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Contact Development/Agent
Cissy Tang
TEL: (+1)626 9868**** icon
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+87
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Contact Development/Agent
icon
Cissy Tang
(+1)626 9868**** icon
Please enter your nationality
+87
Cannot be empty
Email address is invalid Email address not authenticated!
Cissy Tang
(+1)626 9868**** icon
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Photos (37)
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2911 Wellington Road
USD 1,099,000 3 Beds
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