34.038784 -118.4652

1463 -1467 Wellesley Avenue Los Angeles, CA 90025

281701295 34.038784 -118.4652 124 /listing/281701295-150289293/1463-1467-wellesley-avenue-los-angeles-ca-90025 False 0 3500000.0 102 20640914 False
  • $3,500,000
  • 15,523 lot
  • Est payment $18788.76/mo

Property & Neighborhood Info

Courtesy Of Filip Niculete, Marcus & Millichap

Vacant Land in Los Angeles

We are pleased to present 1463-1467 Wellesley Avenue, a high profile Condo / Small Lot Ordinance development opportunity located in 90025, one of the best zip codes in all of Los Angeles. The site is zoned LAR2-1 with dimensions that consists of 100 feet of frontage by 155.30 feet in depth. LAR2-1 allows for one dwelling unit per 2,500 SF of land and for this site, allows a developer to build 6 units by-right and a maximum building envelope of 32,400 SF. With a density bonus, a developer can build 10 units and a building envelope of 44,834 SF. This site would probably be best suited for a small lot subdivision or Co-living concept. Average new construction homes in this zip code sell for over $2.4 million dollars and over $750 per SF. 1467 Wellesley Ave has the option to be SOLD separately at a purchase price of $1,600,000 (APN 4267-031-025)

Courtesy Of Filip Niculete, Marcus & Millichap
  1. 15,523 Lot

Main Features

  • Listing Status: Active
  • County: Los Angeles
  • Zoning: LAR2
  • MLS Number:20640914

Additional Features

  • View:
    • None
  • Land Size Source:
    • Assessor
  • CDOM:
    • 118
  • Special Conditions:
    • Standard
  • DOM:
    • 118
  • Listing Key:
    • 364791220
  • Lot Size Acres:
    • 0.3600
  • Lot Size Square Feet:
    • 15523.00
  • Price Per SQFT:
    • 225.47
  • Tax ID:
    • 4267031026
Neighborhood info courtesy of Homes.com © 2021

What's My Mortgage?

$38,769.95*
*Estimated monthly payment is a starting point to help assist you with your home search. To find out more about mortgage pre-qualification, click here.
Lily Liang
Lily Liang
Executive Vice President
550 Silver Spur #240 Rolling Hills Estates CA 90274
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34.038784 -118.4652

1463 -1467 Wellesley Avenue Los Angeles, CA 90025

281701295 34.038784 -118.4652 124 /listing/281701295-150289293/1463-1467-wellesley-avenue-los-angeles-ca-90025 False 0 3500000.0 102 20640914 False
  • $3,500,000
  • 15,523 lot
  • Est payment $18788.76/mo