Owner
$1,515,568
1562 WELLESLEY AVE, LOS ANGELES, CA
Quick Facts
owner occupied
No
vacant
No
corporate owner
Yes
beds
2
baths
2
sq. ft.
1,226
property type
Duplex (2 units, any combination)
hoa
No
About
Residential
Building Quality B
Living Area
Wood
Yes
Financial Overview
Home Equity
Property
Outstanding Debt
Property
Loan-to-Value Ratio
Property
Property Features
Year Built
1940
Building Size
1,226 sq ft
Lot Size
6,863 sq ft
Lot Size (Acres)
0.16 acres
Distressed Property Status
In Pre-foreclosure
Property
Notice of Sale Filed
Property
Notice of Default Filed
Property
Scheduled for Auction
Property
Filing Date
Property
Property Location Details
Parcel Number (APN)
4263-039-010
County
Los Angeles County, California
Metro Area
Los Angeles-Long Beach-Anaheim, CA
Zoning
LAR2
Neighborhood/Subdivision
10154
Lot Number
60
School District
Los Angeles Unified School District
Legal Description
TRACT # 10154 LOT 60
Tax & Value Information
Market Value (Total)
$0
Building Value
$0
Land Value
$0
Annual Property Tax
$11,549
Tax Assessment Year
2024
Assessed Value
$909,615
Last Assessment Year
2025
Original Primary Mortgage
Property
Primary Mortgage Type
Property
Original Secondary Mortgage
Property
Secondary Mortgage Type
Property
Current Mortgage Amount
Property
Current Mortgage Type
Property
Interest Rate
Property
Loan Term
Property
Lender Name
—
Last Sale Contract Date
6/11/2003
Recording Date
7/22/2003
Sales Document #
2003.2082462
Primary Owner
Property
Co-Owner
Property
Previous Owner
Property
Previous Co-Owner
Property
Recent sales Comparables
Estimated Value:
$0
Average Price per Sq.Ft.: $0.00
Sales Comparables
Real Estate Investment Analysis
Evaluate this property as a fix & flip opportunity
Estimated Profit
$58,644
Return on Investment
15.60%
After Repair Value
$1,667,125
Basic Inputs
Financing
Down Payment
20%
Interest Rate
6.5%
Loan Term (Years)
30
Holding Period (months)
6
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Analysis Details
Purchase Price
$1,364,011
Renovation Cost
$75,778
Closing Costs (buying)
$27,280
Holding Costs
$41,383
Selling Costs
$100,027
Total Investment
$375,861
After Repair Value (ARV)
$1,667,125
Total Costs
$1,608,480
Estimated Profit
$58,644
Cash Invested
$348,581
Return on Investment
15.60%
Return on Cash Invested
16.82%
Nearby Schools
No Elementary School nearby
No Middle School nearby
No High School nearby
Properties owned by investors
Income Distributions
Ethnicity Distributions
Chart
Yearly Purchases
Connex Segmentation Clusters
Area Profile for Investors
Quiet Residential
Walkability
Poor
(0 POIs within 1mi)
Amenities Within 0.5mi
0
locations
Schools Within 1mi
0
schools
Area Class
A
class
Investor Insight
This is a quiet residential area with 0 amenities within 1 mile.
The area has limited nearby amenities.
Key features for tenant appeal:
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Key Amenities in the Area