NOT LISTED FOR SALE

1512 Wellesley Ave Los Angeles, CA 90025

Sawtelle Neighborhood

Estimated Value: $1,729,000 - $1,798,000

4 Beds
2 Baths
1,621 Sq Ft
$1,088/Sq Ft Est. Value

Last Sold April 13, 2012

Last sale price $730,000 $450 Per Sq Ft

Est. 141% increase in value since last sale

Current estimated payment $10,144/month

24 Days on Market

Highlights

  • Bungalow
  • 2 Car Garage
  • 3-minute walk to Ohio And Bundy Triangle Park
  • Central Heating
  • 1-Story Property

About This Home

As of April 2012

Charming West LA Duplex. The property is in great condition & is meticulously maintained. Both units offer 2 beds, 1 bath, spacious living rooms & large windows that provide abundant light. Each unit is separately metered & is plumbed for a washer & dryer. The rear of the property features a nice common yard & 2 car garage. The front unit is vacant. Please do not disturb tenants.

Last Agent to Sell the Property

Matthew OKeefe

Compass License #01356816 Listed on: 02/29/2012

Compass

Last Buyer's Agent

Susan Azizzadeh

Nelson Shelton & Associates License #00943332

Nelson Shelton & Associates

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,009

Year Built

  • Built in 1950

Lot Details

  • 6,229 Sq Ft Lot

Parking

  • 2 Car Garage

Home Design

  • Duplex
  • Bungalow

Interior Spaces

  • 1,621 Sq Ft Home
  • 1-Story Property

Kitchen

  • Oven or Range
  • Disposal

Utilities

  • Central Heating
  • Sewer in Street

Community Details

  • 2 Units
  • Rent Control

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Assessor Parcel Number 4263-039-019

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,009

Year Built

Built in 1950

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Style: California Bungalow
  • Street Number Display: Yes
  • Living Area: 1621
  • Stories: 1
  • Year Built: 1950
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Number Carpet: 2
  • Number Dishwasher: 0
  • Number Disposal: 2
  • Equipment: Garbage Disposal, Range/Oven
  • Price Per S Q F T: 492.91

Exterior Features

  • Pool: No

Garage/Parking

  • Garage Spaces: 2
  • Covered Parking: 2
  • Parking Garage: Garage
  • Total Parking: 2

Utilities

  • Heating: Central
  • Number Electric Meters: 2
  • Number Gas Meters: 2
  • Sewer: In Street
  • Water Expense: 1200.00

Fee Information

  • Insurance Expense: 2400.00
  • Trash Expense: 480.00

Lot Info

  • Assessed Improvement Value: 91448
  • Assessed Land Value: 132785
  • Assessor Parcel Number: 4263-039-019
  • Lot Size Area: 6229

Rental Info

  • Number Leased: 1
  • Garage Rental Rate: 500
  • Rent Control: Yes
  • Tenant Pays: Electricity, Gas

Multi Family

  • Unit Type: 2106, 2107, 2108
  • Gross Rent Multiplier: 18.85
  • Number Of Units: 2
  • Type Of Units: Duplex

Tax Info

  • Tax Expense: 2993.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 29, 2012
Closed on
Apr 5, 2012
Sold by
Wood Philip D and Wood Darrelyn D
Bought by
Wood Darrelyn D and The Darrelyn D Wood Living Trust
Seller's Agent
Matthew OKeefe
Compass
Buyer's Agent
Susan Azizzadeh
Nelson Shelton & Associates
List Price
$799,000
Sold Price
$730,000
Premium/Discount to List
-$69,000
-8.64%
Current Estimated Value
$1,762,842

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,032,842
Avg. Annual Appreciation
6.72%

Purchase Details

Listed on
Feb 29, 2012
Closed on
Mar 29, 2012
Sold by
Wood Darrelyn D and The Darrelyn D Wood Living Tru
Bought by
Efraim Esther Ben and Efraim Menashe Ben
Seller's Agent
Matthew OKeefe
Compass
Buyer's Agent
Susan Azizzadeh
Nelson Shelton & Associates
List Price
$799,000
Sold Price
$730,000
Premium/Discount to List
-$69,000
-8.64%
Source: Public Records

Range of Values:

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Average Value
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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
Wood Darrelyn D -- Fidelity National Title
Efraim Esther Ben $728,500 Fidelity National Title
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/13/2012 04/13/12 Sold $730,000 -8.6% $450 / Sq Ft
03/24/2012 03/24/12 Pending -- -- --
02/29/2012 02/29/12 For Sale $799,000 -- $493 / Sq Ft
Source: The MLS

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 $11,009 $914,397 $753,629 $160,768
2024 $11,009 $896,468 $738,852 $157,616
2023 $10,799 $878,891 $724,365 $154,526
2022 $10,299 $861,659 $710,162 $151,497
2021 $10,169 $844,765 $696,238 $148,527
2019 $9,865 $819,711 $675,588 $144,123
2018 $9,798 $803,640 $662,342 $141,298
2016 $9,368 $772,435 $636,623 $135,812
2015 $9,231 $760,833 $627,061 $133,772
2014 $9,271 $745,930 $614,778 $131,152
Source: Public Records

Agents Affiliated with this Home

  • Matthew OKeefe

    Seller's Agent in 2012

    Matthew OKeefe

    Compass

    (310) 429-4552

    1 in this area

    52 Total Sales

    Matthew OKeefe
    Section Image

  • S

    Buyer's Agent in 2012

    Susan Azizzadeh

    Nelson Shelton & Associates

    (310) 922-3321

    2 Total Sales

    Susan Azizzadeh
    Section Image
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Map

Source: The MLS

MLS Number: 12-584879

The MLS

APN: 4263-039-019

California Los Angeles County Los Angeles 90025 Sawtelle

1512 Wellesley Ave, Los Angeles, CA

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The MLS © 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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