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Real Living Pacific Realty
27281 Las Ramblas
Mission Viejo CA 92691
(800)660-9140
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1902 WELLINGTON RD,  LOS ANGELES CA, 90016 (Active)
$995,000
|
4,550 sqft
|
MLS# 13653243
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Last Updated: 5/23/2013 10:21 AM
Description for 1902 WELLINGTON RD LOS ANGELES, CA 90016
We are pleased to announce another price reduction on this nice six unit 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 area is comprised of 209 mostly historic homes dating back to the 1920's. The subject property is one of only a handful of apartment complexes in the area. The complex consists of one 4,550 square foot building on a corner lot of over 14,000 square feet. 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. The units are all rented below market value providing for plenty of upside for a new owner. The over sized R3 lot provides a possible development of 17 Units. Check with the City to verify. PLEASE DO NOT DISTURB TENANTS.
Price
$995,000
Los Angeles
4,550 (approx)
13653243
Active
Description
We are pleased to announce another price reduction on this nice six unit 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 area is comprised of 209 mostly historic homes dating back to the 1920's. The subject property is one of only a handful of apartment complexes in the area. The complex consists of one 4,550 square foot building on a corner lot of over 14,000 square feet. 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. The units are all rented below market value providing for plenty of upside for a new owner. The over sized R3 lot provides a possible development of 17 Units. Check with the City to verify. PLEASE DO NOT DISTURB TENANTS.
Listing Information
Property Type: Multi-Family
14,105 Sq. Ft. Public Records 4,550 (approx)
Vendor Enhanced (N) $218.68 1957
Yes
None
6 Total
Neighborhood
Room Information
Interior Features
None
Wall Unit
Other
Exterior / Lot Features
6 Parking Spaces
LAR3
Driving Directions
Between the 10 Freeway and Washington Blvd.
Financial Considerations
5061001015
Income ,$26,445
Semi Annually
Listing Price History

LOS ANGELES Real Estate

LOS ANGELES is located in California. LOS ANGELES, California 90016 has a population of  3,792,621.

The median household income in LOS ANGELES, California 90016 is $46,901. The median household income for the surrounding county is $52,874 compared to the national median of $50,935. The median age of people living in LOS ANGELES 90016 is 34.2 years.

Sales History
Tax Info
Listing Provided Courtesy Of: Mcalpin & Company
The real estate listing information is provided by California Regional MLS, Inc. and/or CARETS® for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing or leasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (IDX) program of the California Regional MLS, Inc. and/or CARETS®. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns the web site. Information is deemed reliable but not guaranteed, and consumer is responsible for verifying the accuracy of all information. Copyright © California Regional MLS, Inc. and/or CARETS®. All Rights Reserved.
Information is deemed reliable but is not guaranteed.

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