Land for Sale in Los Angeles, California

1463 Wellesley Avenue, Los Angeles, California 90025, US

$ 3,950,000

Prestige Estate Agency

+1 (424) 209-8844

info@prestigeestateagency.com

  • Price: $ 3,950,000
  • MLS ID: 26841031
  • Property Type: Land
  • WEB ID: PR03627682
  • Property Status: Active
  • Lot Size: 15,424sqft
  •  Land for Sale in Los Angeles, California
  •  Land for Sale in Los Angeles, California
  •  Land for Sale in Los Angeles, California
  •  Land for Sale in Los Angeles, California
  •  Land for Sale in Los Angeles, California
  •  Land for Sale in Los Angeles, California
  •  Land for Sale in Los Angeles, California
  •  Land for Sale in Los Angeles, California
  •  Land for Sale in Los Angeles, California
  •  Land for Sale in Los Angeles, California
  •  Land for Sale in Los Angeles, California
  •  Land for Sale in Los Angeles, California
  •  Land for Sale in Los Angeles, California
  •  Land for Sale in Los Angeles, California
  •  Land for Sale in Los Angeles, California

Prestige Estate Agency

+1 (424) 209-8844

info@prestigeestateagency.com

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  • Price: $ 3,950,000
  • MLS ID: 26841031
  • Property Type: Land
  • WEB ID: PR03627682
  • Property Status: Active
  • Lot Size: 15,424sqft
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.

Additional Features

  • None
  • Listing Status: Active
  • Listing Agent: Angelica Gotzev (lic# 02053007) of CLAW
  • Listing Office: Kidder Mathews of California, Inc. (lic# 01946490)
  • CO-Listing Agent: Janet Neman (lic# 01069127) of Beverly Hills/Greater LA
  • CO-Listing Office: Kidder Mathews of California, Inc. (lic# 01946490)
  • Based on information from CRISNet MLS as of 7th August 2026 at 1:23pm. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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