Los Angeles, CA 90025,1522 Wellesley Ave
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Los Angeles, CA 90025,1522 Wellesley Ave
Los Angeles, CA 90025,1522 Wellesley Ave
Los Angeles, CA 90025,1522 Wellesley Ave
Los Angeles, CA 90025,1522 Wellesley Ave

$2,800,000

Est. payment /mo

$2,950,000

5.1%
Est.Price: ?

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1522 Wellesley Ave Los Angeles, CA 90025

6 Beds

6 Baths

3,860 SqFt

SOLD DATE : 10/11/2023

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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TheMLS (CLAW)
Listed by BRC Advisors- BH
Bought with eXp Realty of Greater Los Angeles
agent

George Salazar

Agent | License ID: 00884017

+1(310) 400-6756

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