MLS® ID: 19493396
3133 WELDON Avenue
Los Angeles, California, 90065 $795,000
Active Under Contract
"For the right buyer this is a great opportunity. It is currently a triplex with three 1 bed 1 bath units that can be delivered vacant. They all need work but here is the value play.... this triplex sits on a 21,000 sq ft lot that is 94 ft wide and, according to the Help Desk at Bldg and Safety, the lot can be split. The lot is only zoned R1 so that only allows for a single family residence to be built on the newly formed lot (can also have an ADU.) But at this price one can have a triplex that cash flows (if you do an awesome job on renovations it's not unreal to get $2150/mo on each unit) and basically have a whole 10,500 sq ft parcel virtually thrown in for free where one builds the house plus ADU. It has views and great privacy. It is waiting for you!"