CA > Los Angeles
Los Angeles, CA 90064,10340 Bellwood AVE
Los Angeles, CA 90064,10340 Bellwood AVE
Los Angeles, CA 90064,10340 Bellwood AVE
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Sun
9
Mar
Mon
10
Mar
Tue
11
Mar
LaKeshia Lindsey

LaKeshia Lindsey

+1(619) 746-0849
$22,000,000
Est. payment /mo
82 Baths
24,275 SqFt
Save

UPDATED:

03/06/2025 06:48 PM

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 24,275 sqft

Price per Sqft $906

MLS Listing ID 25507467

HOA Y/N No

Year Built 1948

Lot Size 0.626 Acres

Property Description

We present a rare and exceptional investment opportunity in Century City, one of Los Angeles' most prestigious and sought-after locations. Situated on Bellwood Avenue, just off West Olympic Boulevard, this portfolio encompasses seven parcels offering a combination of development potential and apartment units. This assemblage includes two development lots and 99 apartment units across seven parcels. The properties feature significant redevelopment opportunities, such as the 13 vacated units at 10341 Bellwood Avenue and the 12,091-square-foot vacant lot at 10330 Bellwood Avenue, both zoned C2-1VL-O, allowing for substantial new construction by-right or with density bonuses. The other properties include 17 bungalow-style units at 10368-10384 Bellwood Avenue, 12 of which have been fully renovated to modern standards, and 82 units at 10340-10360 Bellwood Avenue, with 60 units similarly upgraded. The mid-century architecture of these properties, including Streamline Moderne and bungalow-style designs, offers not only aesthetic appeal but also the potential for Mills Act designation, which could provide significant property tax reductions. Located just minutes from Westfield Century City, a premier luxury shopping and lifestyle destination, these properties are ideally situated to capitalize on the area's robust demand for housing. Century City's continued growth, coupled with its status as a hub for major entertainment, legal, and financial firms, ensures strong demand and high barriers to entry, making this portfolio a unique opportunity for long-term capital appreciation and value creation. This offering represents a generational investment in a prime location, allowing investors to control a significant and strategic assemblage in one of Los Angeles' most dynamic neighborhoods.

Location

State CA

County Los Angeles

Area C05 - Westwood - Century City

Zoning LAR3

Interior

Heating None

Cooling None

Fireplace No

Exterior

Parking Features None

Building

Story 2

Entry Level Two

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 4315018033

Special Listing Condition Standard

Read Less Info
California Regional MLS (CRMLS)
Listed by Neema Ahadian • Marcus & Millichap
agent-avatar

Lakeshia's passion for real estate and her love for California are a perfect match. She has made it her mission to help local residents sell their homes quickly and at the best possible prices. Equally, she takes immense pride in assisting homebuyers in finding their perfect piece of paradise in California. 

+1(619) 746-0849

lakeshiasellsrealestate@gmail.com

USA

GET MORE INFORMATION

Name
Phone*
Message

By checking this box, I agree by electronic signature to (1) the Electronic Disclosure Consent; (2) receive recurring marketing communication from or on behalf of Divine Fog Realty San Diego, including auto-dialed calls, texts, and prerecorded messages (consent not required to make a purchase; data rates may apply; reply "STOP" to opt-out of texts or "HELP" for help); and (3) the Terms of Service and Privacy Policy of this website. I understand that I can call +1(619) 746-0849 to obtain direct assistance.

Go tour this home

10340 Bellwood AVE

QUICK SEARCH
VIEW MORE