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$2,799,000

Beds
12
sq ft
5,247

3045 Wellington Rd, Los Angeles, CA 90016

3045 Wellington Rd

Los Angeles, CA 90016

  • 2 days on market
2023 Newer construction. All 3 units are rented. The property is located in the opportunity zone and non rent controlled. The water, Gas and Electricity are separately metered for all units. An incredible modern Spanish style design. High ceilings on the first floor. The rear units have Juliet balconies, regular balcony and private rear deck. The private rear decks are surrounded by hedges to give the maximum privacy for each unit. The front single family home has a large balcony on the second floor and patio on the first floor. The stainless steel appliances and washer, dryer are included. This is a real 3 units building and no ADU's. There are many french doors in units and enormous amount of natural light flowing into all units. There is central Air condition and heating. Operating expenses are very low. Your expenses are Gardner, taxes, insurance and misc repairs. Very close to Culver City, Whole foods, metro rail and walking distance from restaurants. Each unit is pre wired with it's own security camera system. The actual rent shown on the listing. Great cash flow and very low expenses. All Occupants to remain in the unit at close of escrow.

Details

Property type

Est. home value

$2,661,889

Property condition

New Construction

Lot size

6,147 sq ft

Price per sq ft

$534

Year built

2023

HOA

No

Price History

09/17/2024
CLAW

CLAW #24441081

Listed
$2,799,000

Schools & Community

Neighborhood: 

West Adams

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$1,918,147
Asking price
$2,799,000
Closing costs (~8% of asking)
-$223,920
Est. remaining loan balance
-$656,933
Cash to seller
$1,918,147

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Homebridge Financial Services Inc

Loan start date

August 2020

Original loan amount

$720,000

Est. remaining balance

$656,933

Interest rate

3.13%

Loan type

New Conventional, 30 year

Seller

Vishal Ajay Munsif and Meghna Singhvi

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 09/19/2024 at 7:45 PM

Listing updated: 09/17/2024 at 5:29 PM

Listed by: Suminda Sellahewa, Avarnka Real Estate, Inc. Phone #: (310) 621-1563

MLS: CLAW #24441081

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