2215 Wellesley Avenue Los Angeles, CA 90064
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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.
- Property TypeSingle Family Home
- NeighborhoodN/A
- CountyLos Angeles
- Taxes$0
- HOA/Condo/Coop Fees$0
- Days on Site0 Days
- MLS StatusActive
- MLS ID Number24416572
- Home Size Source N/A
- Year Built1942
- Lot Size0.2225 Acres
- Full Baths3
- Partial BathsN/A
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General Features
- Style See Remarks
- Parking Attached Carport
- Parking Spaces 2
- Number of Stories 11
- Acreage 0.2225
- Property Sub Type Single Family Residence
- Attached Garage Yes
- Zoning R3(EC) Tier 4
- Listing Conditions Standard
Interior Features
- Furnished? Unfurnished
- Laundry Features See Remarks
Exterior Features
- Pool true
- Spa No
- Pool Features In GroundLap
- Spa Features None
- Private Pool true
Community Features
- Senior Community No
- MLS Area WLA - West Los Angeles