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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
  • -- Beds
  • -- 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 -- bedrooms, -- 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!! TO BE SOLD TOGETHER WITH HOUSE NEXT DOOR [CONTIGUOUS LOT] AT 12222 EXPOSITION, TOTAL PRICE FOR BOTH, $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) Offering is two Contiguous Lots, 9416 Square Ft total. 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. *: 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: 7 minutes ago | Last updated: April 19th, 2024 | Source CRMLS | DOM: 13
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Home details

Lot Sq. Ft
4,711
HOA Dues
$0/mo
Year built
1935
Garage
--
Property Type:
Other
Status
Active
MLS#
24381625
City
Los Angeles
County
Los Angeles
Time on Site
15 days
Property Unit Breakdown
Unit Mix Summary
  • Total # of Units: --
  • Total # of Buildings: --
Property Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: --
  • Net Operating Income: --
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: --

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Property Details for 2200 Wellesley Ave

Interior Features
Heating Information
  • No Heating
  • None
Exterior Features
Exterior Information
  • Roof: Common Roof
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 1
Lot Information
  • Lot Features: Value In Land
  • Lot Size Source: Assessor
Property Information
  • Parcel Number: 4259030007
Location / Neighborhood
Location Information
  • Directions: Wellesley Expo
View more facts & features

Local Los Angeles Agent

Sale History for 2200 Wellesley Ave

View property's historical transactions

  • April, 2024

  • Apr 17, 2024

    Date

    Active

    CRMLS: 24381625

    $2,700,000

    Price

Tax History for 2200 Wellesley Ave

Recent tax history for this property
Year Land Value Improved Value Assessed Value
The tax history for this property will expand as we gather information for this property.

Home Value Compared to the Market

This property vs the competition

2200 Wellesley Ave is listed 120.41% higher than the median list price for the city of Los Angeles which has a median list price of $1,225,000. The median price per/sqft for Los Angeles is $774 and this home is listed at $2954.05 per/sqft which puts the price per square foot 281.66% 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 other located in Los Angeles, CA 90064 and is currently for sale. This property offers -- bedrooms, -- 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 $1,225,000 with a median price per square foot of $774. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 120.41% higher than the median priced home. Local competing homes currently for sale include 5531 Santa Monica Blvd, 4401 Beverly Blvd and 198 S Commonwealth Ave. While the average home in Los Angeles, CA is selling in 96 days, 2200 Wellesley Ave has a days on market of 13 days. There are currently 3485 homes for sale in the Los Angeles real estate market and 2372 of them are single family homes while 1013 of them are condos and 94 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
--
Baths
--
Year built
--
Sq. Ft.
--
Lot Size
--
Stories
--
Type
--
Pool
--
Spa
--
County
--
Lot#
--
APN
--

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
$1,849,000
Median List Price/Sq.Ft.
$979
Median Sold Price
$1,521,000
Median Sold Price/Sq.Ft.
$976
Total Inventory
64
Median Sale to List Price %
101.4%
Avg Days on Market
37
Loan Type
Conventional (14.29%), FHA (4.76%), VA (0%), Cash (0%), Other (9.52%)

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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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