NOT LISTED FOR SALE

1245 Wellesley Ave Unit 303 Los Angeles, CA 90025

Sawtelle Neighborhood

Estimated Value: $914,000 - $1,210,000

2 Beds
2 Baths
1,310 Sq Ft
$775/Sq Ft Est. Value

About This Home

Newer building, large luxury updated 3rd floor corner unit, light and bright. 2 bedroom, 2 bath condo in West LA, border of Santa Monica and Brentwood. Walking distance to Brentwood farmer's market and lots of restaurants, café and bars. Close to UCLA and Santa Monica college. Washer and dryer inside the unit. Central AC and heat. 2 large tandem undergound parking spots. Hard wood floors. fireplace. 2 patios/balcony. Available to show on the weekends with move in availability on September 1st. Required 2 months rent for security deposit.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 5, 2012
Sold by
Namvar Nami Tandis
Bought by
Nami Tandis Namvar
Current Estimated Value
$1,015,346

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$408,000
Interest Rate
3.63%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 3, 2012
Sold by
Namvar Nami Tandis and Nami Tandis Namvar
Bought by
Namvar Nami Tandis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$408,000
Interest Rate
3.63%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 22, 2004
Sold by
Oberli Katherine Ann
Bought by
Nami Tandis Namvar

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$488,800
Interest Rate
4.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 17, 2002
Sold by
Ip Fai
Bought by
Oberli Katherine Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$358,400
Interest Rate
6.15%

Purchase Details

Closed on
Mar 30, 2000
Sold by
Wellesley Ash Llc
Bought by
Ip Fai

Purchase Details

Closed on
Mar 29, 2000
Sold by
Lau Nga Lan
Bought by
Ip Fai
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Nami Tandis Namvar -- Fidelity National Title Co
Namvar Nami Tandis -- Fidelity National Title Co
Nami Tandis Namvar $611,000 Equity Title Company
Oberli Katherine Ann $448,000 Equity Title Company
Ip Fai $399,000 Investors Title Company
Ip Fai -- Investors Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nami Tandis Namvar $378,800
Closed Nami Tandis Namvar $408,000
Closed Namvar Nami Tandis $408,000
Closed Nami Tandis Namvar $417,000
Closed Nami Tandis Namvar $417,000
Closed Namvar Nami Tandis $114,000
Closed Nami Tandis Namvar $470,000
Closed Nami Tandis Namvar $488,800
Previous Owner Oberli Katherine Ann $376,000
Previous Owner Oberli Katherine Ann $358,400
Closed Oberli Katherine Ann $22,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/18/2025 08/18/25 Off Market $4,300 -- --
07/22/2025 07/22/25 For Rent $4,300 0.0% --
06/27/2025 06/27/25 Off Market $4,300 -- --
06/09/2025 06/09/25 For Rent $4,300 -- --

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $10,082 $851,663 $590,869 $260,794
2024 $10,082 $834,965 $579,284 $255,681
2023 $9,887 $818,594 $567,926 $250,668
2022 $9,424 $802,544 $556,791 $245,753
2021 $9,304 $786,809 $545,874 $240,935
2019 $9,020 $763,474 $529,684 $233,790
2018 $8,993 $748,505 $519,299 $229,206
2016 $8,149 $682,000 $473,000 $209,000
2015 $8,150 $682,000 $473,000 $209,000
2014 $7,750 $633,500 $439,500 $194,000
Source: Public Records

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