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$3,950,000
New Listing

1463 - 1467 Wellesley Avenue
Los Angeles, CA 90025

For Sale|Land|Active
County:
Los Angeles
Listed by Angelica Gotzev of Kidder Mathews of California, Inc. angelica.gotzev@kidder.com
Call Now: 858-867-4101
Is this the listing for you? We can help make it yours.
858-867-4101
1463 - 1467 Wellesley Avenue1463 - 1467 Wellesley Avenue1463 - 1467 Wellesley Avenue1463 - 1467 Wellesley Avenue
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Monthly Payment (Est.)

$18,022
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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.

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Listing Snapshot
Price 
$3,950,000
Days On Site 
0 Days
Bedrooms 
N/A
Inside Area (SqFt) 
N/A
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.3541 Acres
Year Built 
N/A
MLS® Number 
26841031
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
2 hours agoListing updated with changes from the MLS®
9 hours agoListing first seen on site
General Features
Acres 
0.3541
Special Circumstances 
Standard
Zoning 
LAR2
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Exterior Features
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None
Waterview 
None
Community Features
MLS Area 
WLA - West Los Angeles


This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Neighborhood & Commute
Source: Walkscore
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