1243 Wellesley AVE Unit: 6

LOS ANGELES, CA, 90025

$4,100,000

$416 per ft²
$4,100,000
$416 per ft²
Sold
Sold
beds
14 Beds
baths
14 Baths
carpenters-square
9,842 ft²
property_type
Multi-family
calendar
Built 1968
The subject property is improved at 9,842 square feet of gross building area on a .19-acre lot. The improvements include 11 units and is currently 90% occupied. The subject property has been maintained in good condition which includes a totally remodeled unit (Unit #6) which includes new paint, bamboo hardwood flooring, new washer/dryer, new kitchen appliances and two remodeled bathrooms. Per the property manager, the subject property has also been improved with new plumbing and electrical systems along with a newer roof. The subject property has 14 on-site parking spaces. Each 2-bedroom unit has 2 tandem parking spots, and each 1-bedroom unit has 1 parking spot. Each unit in the subject property has a patio/balcony amenity and there is an on-site coin laundry room available for tenants. Some of the additional features include, Rare multifamily opportunity just south of Brentwood. Professionally managed with massive upside in rents for the new Buyer Recent renovations. Low price per unit. Ample parking. First time on market since 2002.
MLS® ID:
SR22205815CN
Listed:
9/19/22
Updated:
3/30/23

Interior Features

Total Bedrooms
14
Total Bathrooms
14
Laundry Description
Laundry Area

Exterior/Building Features

Lot Size
8,413 ft² lot
Sewer
Public Sewer

Other Property Details

Garage
No
Parking
Assigned
View
N
County
Los Angeles
Water Source
Public
Pool
No
Pool Description
None
Zoning
LAR3

Property History

Date
Event
Price
Value
1/25/23
Active
-
-
2/9/23
Price Change
$4,500,000
-7%
2/20/23
Pending
-
-
3/23/23
Price Change
$41,000,000
911%
3/23/23
Sold
-
-
3/27/23
Price Change
$4,100,000
-90%

Courtesy of Century 21 Peak, Scott Pinkerton,
Listing Contact:  

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©2023 Combined L.A./Westside MLS. All rights reserved.

Data last updated 3/30/23

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