1745 Wellesley Avenue, Los Angeles, CA 90025
- $1,590,000
- 3
- BD
- 2
- BA
- 1,222
- SqFt
- List Price
- $1,590,000
- Price Change
- ▼ $34,900 1784922772
- Status
- ACTIVE
- MLS#
- OC26112727
- Year Built
- 1939
- Bedrooms
- 3
- Bathrooms
- 2
- Living Sq. Ft
- 1,222
- Lot Size
- 5,799
- Acres
- 0.13
- Lot Location
- 6-10 Units/Acre, Sprinklers In Rear, Sprinklers In Front, Sprinklers Timer, Yard
- Days on Market
- 71
- Property Type
- Single Family Residential
- Property Sub Type
- Single Family Residence
- Stories
- One Level
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.
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Additional Information
- Appliances
- Dishwasher, Gas Range, Gas Water Heater, Refrigerator, Water To Refrigerator
- Pool Description
- None
- Fireplace Description
- Living Room
- Heat
- Central
- Cooling
- Yes
- Cooling Description
- Wall/Window Unit(s)
- View
- None
- Garage Spaces Total
- 2
- Sewer
- Public Sewer
- Water
- Public
- School District
- Los Angeles Unified
- Interior Features
- Separate/Formal Dining Room, All Bedrooms Down, Bedroom on Main Level, Main Level Primary, Walk-In Closet(s)
- Attached Structure
- Detached
- Number Of Units Total
- 1
Listing courtesy of Listing Agent: Yelena Vakulenko (y.vakulenko@gmail.com) from Listing Office: Realty Network.
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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.