2200 Wellesley Avenue
2200 Wellesley Avenue
$2,725,000
2
1
914
914
$2,981
Description
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 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...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 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 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.
- Listed by Omar Evanns • DRE #02181182 • Brokerage DRE #01458187 • Keller Williams Larchmont
Property Details for 2200 Wellesley Avenue
Water Front
None
ZoningLAR3TOC4
StyleOther
Cross StreetsExposition
Parcel Number4259030007
Living Area914
Source Living AreaVendor Enhanced
AreaWest Los Angeles (WLA)
Location
LISTING UPDATED: 05/02/2024 11:46 AM
Property Details for 2200 Wellesley Avenue
Status | Active |
---|---|
MLS # | 24-381585 |
Days on Market | 45 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Single Family |
MLS Type | Residential / Single Family Residence |
Year Built | 1935 |
Lot Size | 0.11 AC / 4,711 SF |
County | Los Angeles County |
Location
Building Information for 2200 Wellesley Avenue
Stories1Year Built1935Building Size-Lot Size0.11 AC / 4,711 SF
Payment Calculator
$15,438 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 2200 Wellesley Avenue
Property History for 2200 Wellesley Avenue
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 2200 Wellesley Avenue
Taxable ValueLand$408,057Additions$135,211Total$543,268
Tax Record2023$6,809 ($567 / month)
Home Facts
Beds2Total Finished SqFt914 SqFtAbove Grade Finished SqFt914 SqFtStories1Lot Size4,709 SqFtStyleSingle Family ResidenceYear Built1935ZoningLAR1CountyLOS ANGELESAPN4259-030-007
Schools near 2200 Wellesley Avenue
This home is within Los Angeles Unified School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 5 | |||
Public - | 6 to 8 | |||
Charter - | 9 to 12 | |||
Charter - | K to 7 |
Rating | School | Distance |
---|---|---|
Nora Sterry Elementary School PublicK to 5 | ||
Daniel Webster Middle School Public6 to 8 | ||
University Senior High School Charter Charter9 to 12 | ||
Citizens of the World Charter School Mar Vista CharterK to 7 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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