$ 3,950,000
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$3,950,000
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About the Listing X8241002 - C141493
Rare opportunity to acquire 1463 & 1467 Wellesley Ave, a highly flexible two-parcel offering in the heart of West Los Angeles, just moments from Brentwood, Santa Monica, Westwood, Beverly Hills, and Century City. Comprised of approximately 15,424 SF of land with R2-1 zoning and 100 feet of frontage along Wellesley Ave, the property offers investors, developers, and owner-users a rare combination of scale, location, existing income, and long-term upside in one of Los Angeles' most desirable infill markets.Available together as a two-parcel development opportunity or separately as individual residential renovation/value-add opportunities, the offering allows buyers to pursue a range of strategies. As a full assemblage, ownership has commissioned architectural plans depicting a three-story, 17-unit multifamily project with additional ADU potential, a 25-space parking garage, and rooftop common open space, providing a meaningful head start in evaluating the site's redevelopment potential.The property currently includes three single-family residential structures. Additional improved area may exist on-site. Buyer to independently verify all building square footage, permit status, legal use, configuration, zoning, development potential, and all other property information. With multiple paths to value creation, interim income, and a prime West LA location near some of the Westside's most established rental and ownership markets, 1463 & 1467 Wellesley Ave represents a rare and versatile opportunity.
Listing Highlights
Interior Details
- Bedrooms: 0
- Bathrooms: 0 Full
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Exterior Details
- Lot Description: 2-4 Lots
- Garage Capacity: N/A
- Lot Dimensions: 100x155
- Zoning: LAR2
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Financial Details
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Payment Calculator
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1463 Wellesley Ave Los Angeles, CA 90025
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