Sold
2215 Wellesley Ave
Los Angeles CA, 90064
$2,500,000
$1,186.52 per sqft
Sold
3 Beds
3 Baths
2,107 sqft
Residential
Built in 1942
We are proud to present for sale a development opportunity for 78+/- Units by ED-1 or 18+/- Units by TOC/DB. The SFR on site currently has a Market-Rate Tenant so land bank it until ready to move forwardor until the City releases the new Zoning Code! With 9,752 SF of R3(EC - Exposition Corridor) Tier 4 land sitting on an alley, and a stone's throw to the Expo / Bundy Station of the Metro E / Expo Line, the development potential is very promising for Market Rate, Affordable Units, or a mix of both! This zip code is Tier 2 of SAFMR. No RSO! No need to Ellis! This Biker's Paradise (per Walk Score) is just off the Expo Line Bike Path; head to the beach, hop on the Expo Line and head to Downtown LA, or transfer to any connecting line and travel traffic-free throughout the region! Just one-tenth of a mile to the Expo Line Station, being walking distance to very high-paying jobs, being at the border of Santa Monica but with Los Angeles Zoning, this property has a strong future! And the high-barrier to entry won't see much competition while the market-rent tenant covers many of the expenses. No RSO. No need to Ellis.
24-416572
MLSⓇ ID
July 17, 2024
Listed
October 15, 2024
Updated
Map
2215 Wellesley Ave
Los Angeles CA, 90064
Interior Features
Total Stories
1
Bedrooms
3
Total Bathrooms
3
Full Bathrooms
3
Appliances
Other
Laundry Description
Other
Floor Description
Other
Fireplace
Yes
Fireplace Description
Other
Cooling
Yes
Cooling Description
Other
Heating
Yes
Heating Description
Other
Exterior/Building Features
Lot Size
0.22 Acres
Architectual Style
Other
Other Property Details
Area Name
West L.A.
Days on Market
57
Garage
No
Parking
Carport Attached
Parking Total
2
View
Yes
View Description
Other
County
Los Angeles
Pool
Yes
Pool Features
In Ground, Lap Pool
Zoning
R3(EC) Tier 4
Listing History
Date | Event | Price |
---|---|---|
10/15/2024 | Sold | $2,500,000 |
Listed by Dario Svidler with Keller Williams Beverly Hills
Listing Contact: 424-600-7633
Based on information from The MLSTM / Combined LA/Westside Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable but not guaranteed and should be independently reviewed and verified. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. All properties are subject to prior sale, change or withdrawal, and may or may not be listed by the office/agent presenting the information. Neither listing broker(s) nor Heyler Realty shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
©2024 Combined L.A./Westside MLS. All rights reserved.
Data last updated 10/15/2024