$2,800,000
$2,950,000
5.1%For more information regarding the value of a property, please contact us for a free consultation.
1522 Wellesley Ave Los Angeles, CA 90025
6 Beds
6 Baths
3,860 SqFt
Key Details
Sold Price $2,800,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 3,860 sqft
Price per Sqft $725
MLS Listing ID 23-293680
Sold Date 10/11/23
Bedrooms 6
Construction Status New Construction
Year Built 2021
Lot Size 5,999 Sqft
Acres 0.1377
Property Sub-Type Multi-Family
Property Description
2021 construction modern duplex in Sawtelle bordering Santa Monica and Brentwood! Built by TJH, this duplex features two 3 bedroom / 2.5 bathroom townhome units. Both units are rented on lease terms until 2024 and provide strong and stable rental income. Offered at a 5.19% cap rate and at $764/ft, this opportunity is perfect for a seasoned investor to acquire in one of the best locations in all of LA. The units offer top of the line finishes throughout and there was no stone unturned during construction. Throughout units, you will find wide plank vinyl flooring, recessed lighting, polished chrome plumbing, white shaker cabinets and white quartz countertops. The kitchen features brand new stainless steel appliances, including a Bertazzoni gas range and Frigidaire refrigerator, dishwasher and microwave. Each unit also includes a 2 car garage and 1 outdoor space. The garage is wired for an electric vehicle charging station and each unit also enjoys in-unit laundry. Tenants pay all utilities! Sawtelle is a very popular destination for renters as its in close proximity to Brentwood, Santa Monica, Century City, Venice and Beverly Hills!
Location
State CA
County Los Angeles
Area West L.A.
Zoning LAR2
Rooms
Other Rooms None
Interior
Heating Central
Cooling Central
Flooring Vinyl Plank
Fireplaces Type Gas
Equipment Dryer, Dishwasher, Washer, Refrigerator, Range/Oven, Microwave, Garbage Disposal
Laundry In Unit, Laundry Area
Exterior
Parking Features Garage Is Attached, Tandem
Garage Spaces 6.0
Pool None
Waterfront Description None
View Y/N No
View None
Building
Story 2
Level or Stories Two
Structure Type Stucco
Construction Status New Construction
Others
Special Listing Condition Standard
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The multiple listings information is provided by The MLSTM/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2025 The MLSTM/CLAW. All Rights Reserved.
The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.
Bought with eXp Realty of Greater Los Angeles