$2,850,000
For more information regarding the value of a property, please contact us for a free consultation.
2215 Wellesley Ave Los Angeles, CA 90064
3 Beds
3 Baths
2,107 SqFt
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 2,107 sqft
Price per Sqft $1,186
MLS Listing ID 24-416572
Style Other
Bedrooms 3
Full Baths 3
Year Built 1942
Lot Size 9,692 Sqft
Property Description
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.
Location
State CA
County Los Angeles
Area West L.A.
Zoning R3(EC) Tier 4
Rooms
Other Rooms None
Dining Room 0
Interior
Heating Other
Cooling Other
Flooring Other
Fireplaces Type Other
Equipment Other
Laundry Other
Exterior
Garage Carport Attached
Garage Spaces 2.0
Pool In Ground, Lap Pool
View Y/N Yes
View Other
Building
Story 1
Others
Special Listing Condition Standard
Read Less
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
The multiple listings information is provided by The MLSTM/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2024 The MLSTM/CLAW. All Rights Reserved.
The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.
Bought with Keller Williams Beverly Hills