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Map
$2,700,000
●
House -
For Sale
12222 Exposition Blvd
Los Angeles, CA 90064
3 Beds
1 Bath
1125 Sqft
$13,258
Estimated Monthly
$0
HOA / Fees
About This Property
***NOTE**** MUST BE SOLD TOGETHER WITH 2200 WELLESLEY(HOUSE NEXT
DOOR), BOTH for total of $5.4Million. BTRE is pleased to
present a prime development opportunity in rapidly changing
Olympic/Bundy area, literally right across from the Metro Line, a
stone's throw from retail (Trader Joes, Gelsons), entertainment
(Bars, restaurants, coffee shops, in re-vitalized Pico/Bundy area,
as well as large Westedge mixed-use upscale apartment/retail
development) and quite nearby to employment centers (Fox 11; Riot
Studios; USC Medical) 2200 Wellesely and 12222 Exposition are 2
contiguous lots, which both benefit from the highly coveted LAR3
TOC Tier 4 Zoning. A recent feasibility study on the property
shows a current POTENTIAL OF UP TO 96 UNITS ON THE PROPERTY*
based on the new ED1 program, a product of a recent (December 2022)
executive order from the City of LA, designed to encourage
affordable housing. [Other potential unit mixes are available, but
highest/best use is ED-1 by far. Feasibility study available in
document folder. There are homes on both lots, and there are
tenants in the homes. Do not disturb tenants; drive by
only/contact agent for any further viewing. Can be delivered
vacant. More tenant info in private remarks. 2200 Wellesley
tenant is on a month to month. *: Feasibility study obtained by
Seller's agent from third party. Seller, Sellers Brokers, Sellers
Agents, make no warranties as to the correctness of said
information. Buyer to do own due diligence.
The manager has listed the unit size as 1125 square feet.
The manager has listed the unit size as 1125 square feet.
Unit Size
1,125Ft²
Days on Market
15 days
Land Size
0.11 acres
Price per sqft
$2,400
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1947
Listed By
Last updated: 11 days ago (CLAWCA #381593)
Price History
Date / Event | Date | Event | Price |
---|---|---|---|
Apr 17, 2024 | Listed by Keller Williams Larchmont | $2,700,000 | |
Listed by Keller Williams Larchmont |
Property Highlights
With View
Exterior Details
Exterior Information
Stucco
Building Info
Overview
Building
Neighborhood
Zoning
Geography
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Active
House
4
Beds
3
Baths
2,709 ft²
$958/ft²
$2,595,000
Apr 15, 2024
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