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3118 Weldon Ave, Los Angeles, CA 90065

Sale Price: $1,150,000
Jun 20, 20242,584 sqft4 beds5 baths
Listed by: Ian Ferguson
License #: 01983607
Phone #: 818-795-7724
Greenspan Realty
Source:
CRMLS Logo
MLS #: 24406131

Property Description

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 and 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, also 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.
Assignment
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Kevin Kretzmer
Kevin Kretzmer

Role: TurboHome Head Agent

Experience: 10 years

No. of Transactions: 227

“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”
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California Association of Realtors

TurboHome Fair Market Estimate

TurboHome

TurboHome Savings

$16,179

TurboHome Estimated Value

$1,089,300

$422 sqft

High Valuation
$1,143,765
$443/sqft
Normal Valuation
$1,089,300
$422/sqft
Low Valuation
$1,034,835
$400/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$422/sqft$1,089,300

Neighborhood: Glassell Park

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Comparative Value

$1.05M

$1.10M

$1.15M

$1.18M

$1.20M

$1.30M

3560 Lavell Dr, Los Angeles, CA 90065

Sale Price: $1,050,000

Selected Comparable

3118 Weldon Ave, Los Angeles, CA 90065

List Price: $1,100,000

Subject Property

3118 Weldon Ave, Los Angeles, CA 90065

Sale Price: $1,150,000

Selected Comparable

3407 1/2 Fletcher Dr, Los Angeles, CA 90065

Sale Price: $1,180,000

Selected Comparable

321 Porter St, Glendale, CA 91205

Sale Price: $1,200,000

Selected Comparable

4963 Wawona St, Los Angeles, CA 90041

Sale Price: $1,300,000

Selected Comparable

Neighborhood Comps

Subject Property

SUBJECT
3118 Weldon Ave, Los Angeles, CA 90065

3118 Weldon Ave, Los Angeles, CA 90065

List: $1,100,000

Listed: 6/20/2024

Area:2,584 sqft
Price/sqft:$426
Beds:4
Baths:5
Year Built:—
Lot Size:4,517

Comparable Properties

COMPARABLE
Choose comps
3118 Weldon Ave, Los Angeles, CA 90065

3118 Weldon Ave, Los Angeles, CA 90065

Sale: $1,150,000

8/27/2024 • 0.00 mi

Area:2,584 sqft
Price/sqft:$445
Beds:4
Baths:5
Year Built:—
Weight:25.9%
3407 1/2 Fletcher Dr, Los Angeles, CA 90065

3407 1/2 Fletcher Dr, Los Angeles, CA 90065

Sale: $1,180,000

4/9/2025 • 0.11 mi

Area:2,064 sqft
Price/sqft:$572
Beds:4
Baths:5
Year Built:—
Weight:23.8%
3560 Lavell Dr, Los Angeles, CA 90065

3560 Lavell Dr, Los Angeles, CA 90065

Sale: $1,050,000

2/25/2025 • 0.94 mi

Area:2,076 sqft
Price/sqft:$506
Beds:4
Baths:4
Year Built:—
Weight:18.3%
321 Porter St, Glendale, CA 91205

321 Porter St, Glendale, CA 91205

Sale: $1,200,000

10/25/2024 • 1.48 mi

Area:2,234 sqft
Price/sqft:$537
Beds:4
Baths:4
Year Built:—
Weight:17.9%
4963 Wawona St, Los Angeles, CA 90041

4963 Wawona St, Los Angeles, CA 90041

Sale: $1,300,000

11/8/2024 • 1.46 mi

Area:2,314 sqft
Price/sqft:$562
Beds:3
Baths:4
Year Built:—
Weight:14.0%

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