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2215 Wellesley Ave
Los Angeles, CA 90064
Build 78± by ED-1 or 18± by DB in West LA · Land For Sale · 0.22 AC

Investment Highlights

  • Build 78± Units by ED-1 or 18± Units by TOC/DB
  • Just outside of Santa Monica but with LA Zoning Code
  • 0.1 Miles to Metro E Line Station
  • Current SFR with Market-Rate Tenant - No RSO. No Need to Ellis.
  • 145 Feet of Alley Frontage to simply parking in a development
  • Land Bank with existing income and wait for the Zoning Code Update

Property Facts

Property Type Land
Property Subtype Residential
Proposed Use
Multifamily
  • Apartment Units
  • Apartment Units - Condo
  • Apartment Units - Dorms
  • Apartment Units - Senior
  • Apartment Units - Subsidized
Total Lot Size 0.22 AC
No. Stories 1
Zoning R3(EC) Tier 4 - Build 78± Units by ED-1 or 18± Units by TOC/DB

Description

Just outside of Santa Monica but with LA Zoning Code! Existing SFR with Market Rate Tenant. Property on an alley, 0.1 Miles to Metro E Line Station.

Property Taxes

Property Taxes

Parcel Number
4259-027-030
Land Assessment
$2,210,200
Improvements Assessment
$289,800
Total Assessment
$2,500,000
  • Listing ID: 32276393

  • Date on Market: 6/27/2024

  • Last Updated:

  • Address: 2215 Wellesley Ave, Los Angeles, CA 90064

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