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$1,049,000

Beds
2
Baths
2.5
sq ft
1,210

1345 Wellesley Ave Unit 2, Los Angeles, CA 90025

1345 Wellesley Ave Unit 2

Los Angeles, CA 90025

  • <1 day on market
    • Open house Feb 02
Nestled in a charming Mediterranean-style building in prime West LA, this sophisticated 2-bed, 2.5-bath condo- that presents as a townhome- offers the perfect blend of style, comfort, and convenience. This boutique 6 unit building is located moments from Santa Monica and Brentwood's coveted shopping (Erewhon), dining (Milo and Olive AND Literati), beaches, and entertainment. The home is flooded with natural light from large windows, high ceilings, French doors, and a stairwell skylight. The spacious living room features a cozy fireplace and opens to a private patio, perfect for relaxing or al fresco dining or having your morning cup of coffee.The kitchen has stainless steel Bosch appliances and a formal dining area. Upstairs, both bedrooms offer en suite baths for ultimate privacy, with the primary suite featuring dual closets (one being a generous walk-in), as well as French doors that lead to a Juliette balcony. Additional highlights include, central air and heat, tons of storage, in- unit laundry, a lower-level powder room and gated parking.

Details

Property type

Condominium

Est. home value

$998,342

Lot size

7,285 sq ft

Price per sq ft

$867

Year built

1991

Monthly HOA fee

$500

Price History

01/31/2025
CLAW

CLAW #25492637

Listed
$1,049,000
+14.02%
01/12/2022
CLAW

CLAW #21101329

Sold
$920,000
+24.32%
06/08/2016
CLAW

CLAW #16114384

Sold
$740,000

Schools & Community

Neighborhood: 

Sawtelle

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Gated

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$158,193
Asking price
$1,049,000
Closing costs (~8% of asking)
-$83,920
Est. remaining loan balance
-$806,887
Cash to seller
$158,193

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

United Wholesale Mortgage

Loan start date

December 2021

Original loan amount

$864,500

Est. remaining balance

$806,887

Interest rate

2.98%

Loan type

New Conventional, 30 year

Seller

Kedar Shrinivas Vishwanathan and Kylie Sara Stott

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 01/31/2025 at 10:30 PM

Listing updated: 01/31/2025 at 6:10 PM

Listed by: Jennifer Hawkins, Compass Phone #: (310) 241-3038

MLS: CLAW #25492637

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