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ActiveSingleFamilyResidence

1745 Wellesley Avenue

Los Angeles, CA, 90025

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$1,527,000

Original list price: $1,698,000

MLS: OC26112727

Beds

3

Baths

2

Sq Ft

1,222

Lot

0.13 ac

Year Built

1939

MLS #

OC26112727

Days on Market

150

Listed

May 23, 2026

Description

Rare opportunity to acquire a prime piece of real estate in the highly sought-after 90025 zip code. Situated on a spacious, flat 5,799 sq. ft. lot, this LAR1-zoned property offers endless potential for a massive value-add renovation, an expansive addition, or a complete ground-up custom rebuild. With new construction and luxury fully renovated homes in the immediate neighborhood commanding premium prices—frequently selling between $2.5M and upwards of $3.8M—the After Repair Value (ARV) and return on investment potential here is exceptional. Capitalize on California's ADU laws to maximize the footprint, or design a luxury single-family compound (buyer to verify all zoning, building, and ADU regulations with the city). Lovely 3 bedroom 2 bath 1939 cottage with beautiful refinished hard floors and a spacious yard with delicious orange and lemon trees. Living room with fireplace, kitchen, formal dining room, inside laundry area, three bedrooms and two bathrooms, one with tub and shower and another with shower. Kitchen and bathrooms were recently remodeled. Fresh paint throughout. Two car detached garage and additional parking in long driveway. This house has its own private grass filled yard, which is fenced and perfect for your pet. The home can easily be lived in or rented out to generate carrying income while you finalize your architectural plans and pull permits with the city. Nestled on a quiet, tree-lined street, this property boasts a phenomenal Walk Score. You are just steps away from local grocery stores and the world-class dining of Sawtelle Japantown. Commuting is a breeze with close proximity to the Expo Line, the 405 and 10 freeways, UCLA, Santa Monica College and the tech hubs of Silicon Beach. Bike ride to Santa Monica Beach.

Location

Los Angeles, Los Angeles County, CA 90025

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Listed by: Yelena Vakulenko · Realty Network

Listing information is provided courtesy of the Greater Antelope Valley Association of Realtors (GAVAR) and California Regional MLS (CRMLS). Information is deemed reliable but not guaranteed accurate by the MLS or by Mike Watson. All data, including square footage, lot size, room count, permits, and school assignment, should be independently verified. Properties shown may be listed by brokerages other than Keller Williams Realty. Listings are subject to prior sale, change, or withdrawal without notice.

Payment estimate

$11,979

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $152,700 · Loan: $1,374,300

%

Average 30-yr fixed rate 7.40% as of Oct 15, 2026 (Freddie Mac PMMS). Adjust to your quote.

Principal & Interest
$9,515
Property tax (1.25%)
$1,591
Homeowners insurance
$300
Mortgage insurance
$573
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Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.

Today's Rates

As of Oct 15, 2026

30-year fixed
7.40%
15-year fixed
6.71%

Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.

About the area · Mike Watson

About the Antelope Valley

The Antelope Valley spans Lancaster, Palmdale, Quartz Hill, Rosamond, Lake Los Angeles, California City, Edwards AFB, and the Plant 42 aerospace corridor. Mike Watson is a lifelong AV resident and the #1 producing individual Realtor in the region by transaction count. Every active listing on this site is paired with a free market analysis tailored to the specific street, honest financing guidance (FHA, VA, USDA, CalHFA, conventional, and assumable loans where the financing supports it), and side-by-side comparisons against the rest of the active inventory in your target ZIP.

Financing Options

FHA Financing — 3.5% Down+

First-time and repeat buyers can purchase this Los Angeles home with as little as 3.5% down using an FHA loan — roughly $53,445 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.

Similar Homes Nearby

Active and pending listings in ZIP 90025 (Los Angeles)within ±10% of this home's price and size.

Local Market Stats

See Los Angeles, CA 90025 market trends →

Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.

★#1 Producing Individual Realtor, Antelope Valley

Only large teams outsell Mike Watson · Keller Williams Realty

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Listing data provided by the MLS · Presented by Watson & Associates · Keller Williams Realty · mikewatsonrealtor.com
All information deemed reliable but not guaranteed. Contact listing agent to verify.