Sold
Closed
2215 Wellesley Avenue
Los Angeles CA, 90064
$2,500,000
$1,186.52 per sqft
Sold
Closed
3 Beds
3 Baths
2,107 sqft
Residential
Built in 1942
Listed by Dario Svidler with Keller Williams Beverly Hills 424-600-7633
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.
24416572
MLSⓇ ID
June 27, 2024
Listed
October 20, 2024
Updated
Map
2215 Wellesley Avenue
Los Angeles CA, 90064
Interior Features
Total Stories
1
Bedrooms
3
Total Bathrooms
3
Full Bathrooms
3
Laundry Description
See Remarks
Fireplace
No
Cooling
No
Heating
No
Exterior/Building Features
Lot Size
0.22 Acres
Architectual Style
See Remarks
Other Property Details
Area Name
WLA - West Los Angeles
Days on Market
57
Garage
Yes
Parking
Attached Carport
Parking Total
2
View
Yes
County
Los Angeles
Pool
Yes
Pool Features
In Ground, Lap
Zoning
R3(EC) Tier 4
Listing History
Date | Event | Price |
|---|---|---|
10/15/2024 | Sold | $2,500,000 |
Listing Contact: 310-432-6400
Based on information from the California Regional Multiple Listing Service (CRMLS) as of 10/20/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.
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Data last updated on 10/20/2024 at 2:03 PM UTC