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!
|
DAYS ON MARKET
|
3
|
LAST UPDATED
|
5/6/2025
|
|
YEAR BUILT
|
1926
|
COMMUNITY
|
Mid Los Angeles
|
|
COUNTY
|
Los Angeles
|
STATUS
|
Active
|
|
PROPERTY TYPE(S)
|
Single Family
|
|
|
| AIR |
Central Air |
| AIR CONDITIONING |
Yes |
| APPLIANCES |
Dryer, Washer |
| AREA |
Mid Los Angeles |
| GARAGE |
Driveway |
| HEAT |
Central |
| INTERIOR |
Ceiling Fan(s) |
| LOT |
5251 sq ft |
| LOT DIMENSIONS |
40x131 |
| PARKING |
Driveway |
| POOL DESCRIPTION |
None |
| STORIES |
1 |
| STYLE |
Bungalow |
| VIEW |
Yes |
| VIEW DESCRIPTION |
City Lights |
| ZONING |
LARD2 |
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Listed with Dana Brody
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. as of 5/8/25 8:31 PM PDT and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
This IDX solution is (c) Diverse Solutions 2025.
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