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2200 Wellesley Ave, Los Angeles, CA 90064
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2200 Wellesley Ave Los Angeles, CA 90064

$2,700,000
  • 2 Beds
  • 1 Baths
  • 914 Sq.Ft.
For Sale
$2,700,000 Get Pre-Qualified
Map preview of 2200 Wellesley Ave, Los Angeles, CA 90064

Property Overview: 2200 Wellesley Ave Los Angeles, CA has 2 bedrooms, 1 bathrooms, 914 living square feet and 4,711 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: ***NOTE!!! PROPERTY TO BE SOLD TOGETHER WITH HOUSE NEXT DOOR, 12222 EXPOSITION, PROPERTIES TO BE SOLD TOGETHER FOR $5,400,000.00. **** BTRE is pleased to present a prime development 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 96 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.

Listed by Omar Evanns | BRE #02181182 | Keller Williams Larchmont
Last checked: 14 minutes ago | Last updated: April 30th, 2024 | Source CRMLS | DOM: 14
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Home details

Lot Sq. Ft
4,711
HOA Dues
$0/mo
Year built
1935
Garage
--
Property Type:
Single Family Home
Status
Active
MLS#
24381585
City
Los Angeles
County
Los Angeles
Time on Site
13 days

Open Houses for 2200 Wellesley Ave

No upcoming open houses

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Property Details for 2200 Wellesley Ave

Interior Features
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • Has Laundry
  • Washer Included, Dryer Included
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Eating Area: Dining Room
  • Flooring: Wood
  • Attic, Family Room
Kitchen Information
  • Has Appliances
  • Dishwasher, Disposal, Gas Cooktop, Double Oven, Gas Oven
Bathroom Information
  • # of Baths (Full): 1
  • # of Baths (1/2): 0
  • # of Baths (1/4): 0
  • # of Baths (3/4): 0
Interior Features
  • Levels: One
Exterior Features
Exterior Information
  • Roof: Common Roof
  • Has Fence
  • Wood
  • Has Spa
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 2
  • Has Parking
  • Parking Features: Driveway Down Slope From Street
Property Information
  • Has View
  • View: City Lights
  • Common Walls: No Common Walls
  • Parcel Number: 4259030007
  • Architectural Style: See Remarks
  • Has Additional Parcels
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Sewer Paid
  • Water Source: Public
Assessment Information
  • No Assessments
Location / Neighborhood
Location Information
  • 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.
View more facts & features

Local Los Angeles Agent

Sale History for 2200 Wellesley Ave

Last sold for $450,000 on March 29th, 2012

  • April, 2024

  • Apr 17, 2024

    Date

    Active

    CRMLS: 24381585

    $2,700,000

    Price

  • January, 2023

  • Jan 2, 2023

    Date

    Expired

    CRMLS: 21114137

    $2,950,000

    Price

  • Dec 27, 2021

    Date

    Active

    CRMLS: 21114137

    $6,300,000

    Price

  • Listing provided courtesy of CRMLS

    We are pleased to present 2200 Wellesley Ave and 12222 Exposition Blvd (must be purchased together), a high-profile development opportunity located just steps from the metro line in West LA. These side-by-side lots, each with a single-family home currently on the lot, have rectangular dimensions of 42.8 feet by 110 feet, adding up to a combined 9,416 SF of land (0.22 acres). Furthermore, this double lot is ideally located on a corner with frontage on 3 sides and an alleyway behind. The site is zoned R3 and Tier 4 TOC allowing a developer many options when designing the project. By right, the zoning allows for 12 units with a 45-foot height limit and a building envelope of 19,905. Since it is steps away from the Bundy & Exposition metro stop, this project benefits for Tier 4 location and reaps the best benefits of the program. With the TOC Tier 4 density bonus, a developer can build 24 units, go as high as 7 floors or 78 feet, and most importantly can build with zero parking requirement. The only requirement to receive this bonus is to designate 11% of the units (3 units) for low-income / affordable housing, allowing the developer to have 21 market rate units. Furthermore, a developer could strategically design their building to have future ADU conversions, mathematically bringing the maximum unit count to 30 units, with an approximate 35,000 square foot total building envelope. The property is centrally located in one of the best pockets of Los Angeles. Two blocks to the west is Santa Monica, to the north is West LA, Sawtelle, Westwood and Brentwood, to the east is Ranch Park, Palms and Culver City, and to the south is Venice, Mar Vista and Marina Del Rey. Being able to connect to the Expo Line at the Bundy & Exposition metro station, that runs from the Santa Monica Beach to USC, allows future residents convenient and quick access to the beach and downtown without the need of a car. It also allows residents to connect to other Metro lines which will get you to every pocket of Los Angeles. Within a 5-block radius a tenant can access plenty of employment options, where there are (19) large 100,000-SqFt office buildings and business parks that are home to many companies.

  • March, 2020

  • Mar 6, 2020

    Date

    Canceled

    CRMLS: 19484278

    $5,295

    Price

  • Feb 28, 2020

    Date

    Price Change

    CRMLS: 19484278

    $5,295

    Price

  • Feb 16, 2020

    Date

    Price Change

    CRMLS: 19484278

    $5,500

    Price

  • Feb 11, 2020

    Date

    Price Change

    CRMLS: 19484278

    $5,825

    Price

  • Dec 24, 2019

    Date

    Price Change

    CRMLS: 19484278

    $6,125

    Price

  • Dec 19, 2019

    Date

    Price Change

    CRMLS: 19484278

    $6,275

    Price

  • Dec 9, 2019

    Date

    Price Change

    CRMLS: 19484278

    $6,250

    Price

  • Nov 12, 2019

    Date

    Price Change

    CRMLS: 19484278

    $5,945

    Price

  • Oct 6, 2019

    Date

    Price Change

    CRMLS: 19484278

    $6,000

    Price

  • Jul 21, 2019

    Date

    Price Change

    CRMLS: 19484278

    $5,245

    Price

  • Jul 5, 2019

    Date

    Price Change

    CRMLS: 19484278

    $5,445

    Price

  • Jul 3, 2019

    Date

    Price Change

    CRMLS: 19484278

    $5,245

    Price

  • Jul 2, 2019

    Date

    Active

    CRMLS: 19484278

    $5,445

    Price

  • Listing provided courtesy of CRMLS

    Rare and stunning Craftsman home burrowed between hedges, fruit trees and private fencing located in a quiet West L.A neighborhood. All utilities, gardener, jacuzzi, are included. The home has a charming interior with original hardwood floors, great natural light, a bright, open kitchen layout with wood countertops, a dedicated laundry room with washer and dryer. It is decorated in classic California style, soft queen sized beds. The property also features a nice converted garage perfect for an art studio / office or third bedroom. The yards are landscaped, and there is great entertaining back patio with jacuzzi! The house is 2 miles from the beach, blocks from the Expo. It is in a prime West LA area, close to media centers, Riot Games, HBO, Bergamont Station, Lantana Studios

  • March, 2012

  • Mar 29, 2012

    Date

    Sold (Public Records)

    Public Records

    $450,000

    Price

  • June, 2004

  • Jun 10, 2004

    Date

    Sold (Public Records)

    Public Records

    $625,000

    Price

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Tax History for 2200 Wellesley Ave

Assessed Value (2020): $516,820
Year Land Value Improved Value Assessed Value
2020 $388,191 $128,629 $516,820

Home Value Compared to the Market

This property vs the competition

2200 Wellesley Ave is listed 118.45% higher than the median list price for the city of Los Angeles which has a median list price of $1,236,000. The median price per/sqft for Los Angeles is $773 and this home is listed at $2954.05 per/sqft which puts the price per square foot 282.15% higher than the median price per square foot for the city of Los Angeles.

About 2200 Wellesley Ave

Detailed summary of property

2200 Wellesley Ave is a single family home located in Los Angeles, CA 90064 and is currently for sale. This house offers 2 bedrooms, 1 bathrooms, roughly 914 living square feet, and sits on an approximately 4,711 square foot lot. 2200 Wellesley Ave was first listed on ArdentRealEstateGroup.com on April 18, 2024. The homeowner is currently asking $2,700,000. The median priced home in Los Angeles is $1,236,000 with a median price per square foot of $773. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 118.45% higher than the median priced home. Local competing homes currently for sale include 2706 Butler Ave, 12566 Indianapolis St and 2327 Camden Ave. While the average home in Los Angeles, CA is selling in 96 days, 2200 Wellesley Ave has a days on market of 14 days. There are currently 3487 homes for sale in the Los Angeles real estate market and 2373 of them are single family homes while 1015 of them are condos and 93 are townhomes. For more information on this home for sale at 2200 Wellesley Ave Los Angeles, CA 90064 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 2200 Wellesley Ave

Public county record property details
Beds
2
Baths
1
Year built
1935
Sq. Ft.
914
Lot Size
4,709
Stories
--
Type
Single Family Residential
Pool
No
Spa
No
County
Los Angeles
Lot#
7
APN
4259-030-007

The source for these homes facts are from public records.

90064 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,800,000
Median List Price/Sq.Ft.
$979
Median Sold Price
$1,015,000
Median Sold Price/Sq.Ft.
$639
Total Inventory
63
Median Sale to List Price %
96.76%
Avg Days on Market
34
Loan Type
Conventional (16.67%), FHA (0%), VA (0%), Cash (25%), Other (16.67%)

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Homes for Sale Near 2200 Wellesley Ave

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Recently Sold Homes Near 2200 Wellesley Ave

12214 Exposition Blvd, Los Angeles, CA 90064
$1,903,600 Last Sold Price
2 Beds
1 Baths
1144 Sq.Ft.
12214 Exposition Blvd
Los Angeles, CA 90064
2254 Wellesley Ave, Los Angeles, CA 90064
$1,625,000 Last Sold Price
3 Beds
2 Baths
2275 Sq.Ft.
2254 Wellesley Ave
Los Angeles, CA 90064
2225 Amherst Ave, Los Angeles, CA 90064
$1,800,000 Last Sold Price
2 Beds
1 Baths
1144 Sq.Ft.
2225 Amherst Ave
Los Angeles, CA 90064
2256 Wellesley Ave, Los Angeles, CA 90064
$1,200,000 Last Sold Price
2 Beds
1 Baths
893 Sq.Ft.
2256 Wellesley Ave
Los Angeles, CA 90064

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. 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.

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