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$1,100,000   Price Analysis
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3118 Weldon Ave
Los Angeles, CA 90065
4 bed 5 bath 2,584 SqFt ($425/SqFt)
4,517SqFt lot. Built 1947
Listed 2024-06-20, Taxes $10,681
Ⓧ USDA Ineligible
due to price & location

near Los Angeles

Discover a remarkable investment opportunity in the vibrant community of Glassell Park.

Nestled in the hills amidst a tranquil neighborhood of single-family homes, yet conveniently close to Eagle Rock, Pasadena, the LA River trail and downtown Los Angeles, this triplex offers both serenity and accessibility. The main house, meticulously maintained and updated, spans two stories with 2 bedrooms an d 3 bathrooms and will be vacant. It features an updated kitchen and bathrooms, complemented by original mid-century elements like hardwood floors, ironwork and PV stone fireplaces.

Expansive decks provide unobstructed views from every floor, perfect for relaxing or entertaining. The front unit is a charming 1 bedroom, 1 bathroom bungalow with its own private yard, offering a cozy retreat. The lower unit, lso with 1 bedroom and 1 bathroom, boasts a private backyard and stunning mountain views and is vacant. Whether you're looking to expand your investment portfolio or seeking a property to live in while generating rental income, this triplex offers an exceptional opportunity. Live in one unit and let the others contribute towards your mortgage payments, maximizing your investment potential.


Presented by Ian Ferguson at
Greenspan Realty.
Listing Agent Photo

Property MLS #24-406131 from TheMLSCLAW

Bedrooms: 4
Bedroom 1 Features: All Bedrooms Up

Total Bathrooms: 5
Full Bathrooms: 5

In-Law Suite, Dining Room, Master Bedroom, Living Room, Guest House

Laundry Facilities: Garage
Laundry Features: Garage

Quartz Counters
Dining Room Description: 1
Kitchen Features: Quartz Counters

Cooling Features: Window Unit(s), Central
Fireplace Features: Family Room
Heating Features: Forced Air

Flooring: Wood, Wood Laminate

Patio And Porch Features: Deck(s)
Patio Features: Deck(s)

Lot Size Acres: 0.1036961
Lot Size Source: Vendor Enhanced
Lot Size Square Feet: 4517

Garage Spaces: 1
Garage Description: Garage - 1 Car, Shared Driveway, On street
Parking Total: 4

View: City Lights, Hills, Panoramic
Other Equipment: Water Filter, Gas Dryer Hookup, Range/Oven, Refrigerator, Microwave, Washer
Security Features: Gated

Association: No
Calculated Total Monthly Association Fees: 0

Number of Buildings: 1
Number of Units: 3
Unit Features: 1 BedsTotal: 1, 1 BathsTotal: 1, 1 SquareFeet: 4400, 2 BedsTotal: 2, 2 BathsTotal: 3, 2 SquareFeet: 3600

Balcony
Source Listing Status: Active
County: Los Angeles
Directions: Eagle Rock Blvd to Fletcher then slight right onto Weldon.
Source Property Type: Residential Income
Area: Glassell Park
Source Neighborhood: Glassell Park
Parcel Number: 5458-027-002
Postal Code Plus 4: 2953
Zoning: LARD2
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2021$222,063 + $665,081
$887,144
$10,681
2020$219,787 + $658,262
$878,049
$10,787
2019$215,478 + $645,355
$860,833
$10,360
2018$211,253 + $632,701
$843,954
$10,280
2017$207,111 + $620,296
$827,407
$10,029
2016$203,050 + $608,134
$811,184
$9,787
2015$249,800 + $419,200
$669,000
$8,094
2014$208,000 + $349,000
$557,000
$6,845
2013$184,000 + $309,600
$493,600
$6,100
2012$184,000 + $309,600
$493,600
$6,303
2010$184,000 + $309,600
$493,600
$6,336
2009$184,000 + $309,600
$493,600
$6,092
2009$184,000 + $309,600
$493,600
$6,092
2008$242,909 + $408,671
$651,580
$7,822
2007$238,147 + $400,658
$638,805
$7,564

Listed 2024-06-20
$1,100,000
TheMLSCLAW
Listing removed 2024-06-11
$0
CRMLS
Price Changed 2024-05-29
$1,125,000
CRMLS
Price Changed 2024-05-06
$1,175,000
CRMLS
Listed 2024-03-19
$1,199,000
CRMLS
Listing removed 2023-10-14
$0
CRMLS
Price Changed 2023-07-17
$1,239,000
CRMLS
Price Changed 2023-05-16
$1,249,000
CRMLS
Price Changed 2023-03-06
$1,274,000
CRMLS
Listed 2023-02-10
$1,299,000
CRMLS
Listing removed 2023-01-02
$0
CRMLS
Listed 2022-07-12
$1,290,000
CRMLS
Listing removed 2022-06-23
$0
CRMLS
Listed 2022-05-10
$1,299,000
CRMLS
Listing removed 2022-04-27
$0
CRMLS
Listed 2022-04-26
$1,300,000
CRMLS
Sold 2015-04-23
$789,000
Public Record
Listing removed 2015-04-23
$799,000
TheMLSCLAW
Listed 2015-03-09
$799,000
TheMLSCLAW
Listing removed 2014-12-12
$799,000
TheMLSCLAW
Price Changed 2014-06-25
$799,000
TheMLSCLAW
Listed 2014-06-10
$899,000
TheMLSCLAW
Listing removed 2009-09-11
$700,000
TheMLSCLAW
Listed 2009-03-12
$700,000
TheMLSCLAW
Sold 2004-08-26
$614,000
Public Record
Sold 2004-05-14
$449,000
Public Record
Sold 2004-05-13
$449,000
Public Record
Sold 1979-06-12
$120,000
Public Record

Total Square Feet Living: 2584
Year Built: 1947
Entry Location: Main Level
Levels: Multi Levels
Living Area Source: Vendor Enhanced
Property Age: 77
Roof: Flat
Levels or Stories: 2
Building Total Stories: 2
House Style: Mid-Century
Year Built Source: Vendor Enhanced
Architectural Style: Mid-Century

Fletcher Drive Elementary School is a public elementary school located approximately 0.2 miles away.
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Washington Irving Mid School Math Music and Engr Magnet is a public middle school located approximately 0.3 miles away.
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Eagle Rock High School is a public middle and high school located approximately 2.1 miles away.
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Ribet Academy is a private elementary, middle and high school located approximately 0.6 miles away.
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.