2200 Wellesley Ave

Los Angeles, CA 90064 View Map $2,725,000 Schedule a Tour
Beds2
Baths1
Sq.Ft.914
Year1935
J.D. Songstad

J.D. Songstad

(310) 571-3441

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Status: Active
Property Type:Single Family Residence
MLS #:24381585
Sq. Feet:914
On Site:95 Days
Lot Size:4,711 Sq. Ft.
County:Los Angeles
***NOTE!!! PROPERTY TO BE SOLD TOGETHER WITH HOUSE NEXT DOOR, 12222 EXPOSITION, PROPERTIES TO BE SOLD TOGETHER FOR $5,450,000.00. **** BTRE is pleased to present this trophy LA project opportunity in rapidly changing Olympic/Bundy area, literally right across from the Metro Line, a stone's throw from retail (Trader Joes, Gelsons), entertainment (Bars, restaurants, coffee shops, in re-vitalized Pico/Bundy area, as well as large Westedge mixed-use upscale apartment/retail development) and quite nearby to employment centers (Fox 11; Riot Studios; USC Medical). 2200 Wellesely and 12222 Exposition are 2 contiguous lots, which both benefit from the highly coveted LAR3 TOC Tier 4 Zoning. A recent feasibility study on the property shows a current POTENTIAL OF UP TO 105 UNITS ON THE PROPERTY - based on the new ED1 program, a product of a recent (December 2022) executive order from the City of LA, designed to encourage affordable housing.[Other potential unit mixes are available, but highest/best use is ED-1 by far, see feasibility study in documents folder for full report*]There are homes on both lots, and there are tenants in the homes. Do not disturb tenants; drive by only/contact agent for any further viewing. Can be delivered vacant. [see private remarks] *: Feasibility study obtained by Seller's agent from third party. Seller, Sellers Brokers, Sellers Agents, make no warranties as to the correctness of said information. Buyer to do own due diligence.

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$000 Monthly Payment
Loan and interest only.

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Price Change History

Date Old Price New Price Percent Change
5/2/2024$2,700,000$2,725,0000.9%

Community Information

Address:2200 Wellesley Ave, Los Angeles, CA 90064
County:Los Angeles
City:Los Angeles
Zip Code:90064

Architecture

Bedrooms: 2
Bathrooms: 1
Year Built:1935
Stories:1
Construction Materials: Wood Siding
Building Area: 914.0
Stories Total: 1
Roof: CommonRoof

Features / Amenities

Interior Features: Attic
Appliances: Double Oven, Dishwasher, Gas Cooktop, Disposal, Gas Oven, Dryer, Washer
Flooring: Wood
Furnished: Unfurnished
Room Type: Attic, FamilyRoom
Direction Faces: West
Entry Location: Main Level
Private Spa: Yes
Common Walls: No Common Walls
Parking Features: Driveway Down Slope From Street
Parking Total: 2.0
Heating: Wall Furnace

Rooms

Features
Attic
BathroomTileCounters
Family Room

Property Features

Lot Size: 0.11 Acres / 4,711 Sq. Ft.
Lot Dimensions:43x110
View: City Lights
Sewer: SewerTapPaid
Water: Public
Fencing: Wood
Zoning:LAR3TOC4
Directions:10 Fwy, Exit Centinela, Take Centinela North/West to Exposition, turn east on Expo, take Expo to Wellesley, 2200 Wellesley is corner lot, on Expo/Wellesley.

Listing Agent/Office

Agent:Omar Evanns
Office:Keller Williams Larchmont
Broker Phone:323-762-2600

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2200 Wellesley Ave Los Angeles,  CA 90064
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2200 Wellesley Ave Los Angeles, CA 90064
 
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Based on information from California Regional Multiple Listing Service, Inc. as of July 21, 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, 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. IDX provided by Sierra Interactive.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.