SeeRemarks

2215 Wellesley Avenue

Los Angeles , CA 90064

MLS#: 24416572

$2,850,000

Status: Closed
Listing number: 24416572
Listing provided by: Keller Williams Beverly Hills
Listing agent phone: None
Last update: 11 months ago
On site: 1 year, 3 months ago
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Property

Beds

3

Full Baths

3

1/2 Baths

None

Year Built

1942

Sq.Footage

2,107

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.

Features & Amenities

Interior

  • Total Bedrooms

    3

  • Bathrooms

    3

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Parking

    Attached, Attached Carport

  • Pool

    Yes

  • Pool Features

    In Ground, Lap

Area & Lot

  • Lot Size(acres)

    0.2225

  • Property Type

    Residential

  • Property Sub Type

    Single Family Residence

  • Architectural Style

    SeeRemarks

Price

  • Sales Price

    $2,850,000

  • Sq. Footage

    2, 107

  • Price/SqFt

    $1,352

HOA

  • Association

    No

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • Stories

    1

  • Senior Community YN

    NO

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Listing Courtesy of Dario Svidler , Keller Williams Beverly Hills

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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.

2215 Wellesley Avenue

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