1745 Wellesley Avenue, Los Angeles, CA 90025

$1,527,000
3
BD
2
BA
1,222
SqFt

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Listing courtesy of Listing Agent: Yelena Vakulenko (y.vakulenko@gmail.com) from Listing Office: Realty Network.

List Price
$1,527,000
Status
ACTIVE
Days on Market
111
Price Change
▼ $41,000 1788872437
MLS#
OC26112727
Subtype
Residential
Year Built
1939
Bedrooms
3
Bathrooms
2
Full Baths
2
Living Area
1,222
Lot Size
5,799
Acres
0.13
MLS Area Major
West Los Angeles (WLA)

Property Description

Rare opportunity to acquire a prime piece of real estate in the highly sought-after 90025 zip code. Situated on a spacious, flat 5,799 sq. ft. lot, this LAR1-zoned property offers endless potential for a massive value-add renovation, an expansive addition, or a complete ground-up custom rebuild. With new construction and luxury fully renovated homes in the immediate neighborhood commanding premium prices—frequently selling between $2.5M and upwards of $3.8M—the After Repair Value (ARV) and return on investment potential here is exceptional. Capitalize on California's ADU laws to maximize the footprint, or design a luxury single-family compound (buyer to verify all zoning, building, and ADU regulations with the city). Lovely 3 bedroom 2 bath 1939 cottage with beautiful refinished hard floors and a spacious yard with delicious orange and lemon trees. Living room with fireplace, kitchen, formal dining room, inside laundry area, three bedrooms and two bathrooms, one with tub and shower and another with shower. Kitchen and bathrooms were recently remodeled. Fresh paint throughout. Two car detached garage and additional parking in long driveway. This house has its own private grass filled yard, which is fenced and perfect for your pet. The home can easily be lived in or rented out to generate carrying income while you finalize your architectural plans and pull permits with the city. Nestled on a quiet, tree-lined street, this property boasts a phenomenal Walk Score. You are just steps away from local grocery stores and the world-class dining of Sawtelle Japantown. Commuting is a breeze with close proximity to the Expo Line, the 405 and 10 freeways, UCLA, Santa Monica College and the tech hubs of Silicon Beach. Bike ride to Santa Monica Beach.

Additional Information

Interior Features
Separate/Formal Dining Room, All Bedrooms Down, Bedroom on Main Level, Main Level Primary, Walk-In Closet(s)
Zoning
LAR1
Flooring
Laminate, Wood
Appliances
Dishwasher, Gas Range, Gas Water Heater, Refrigerator, Water To Refrigerator
Heating
Central
Air Conditioning
Yes
Stories
One Level
Levels
One
Pool Type
None
Parking Features
Concrete, Door-Multi, Driveway, Garage, Garage Door Opener
Garage Spaces
2
School District
Los Angeles Unified
View
None

Mortgage Calculator

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Term of Loan
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Calculator source: Real Geeks

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