10341 Bellwood Avenue 4315018048
Los Angeles, CA, 90064
$6,888,888
Beds
0 Baths
SqFt
0.36 Acres
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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 zonedC2-1VL-O, allowing for substantial new construction by-right or with density bonuses. The other properties include 17 bungalow-style units at 1036810384 Bellwood Avenue, 12 of which have been fully renovated to modern standards, and 82 units at 1034010360 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.
LISTING AGENT: Neema Ahadian
LISTING BROKERAGE: Marcus & Millichap
10341 Bellwood Avenue 4315018048
Los Angeles, CA

Property Details

Price:
$6,888,888
MLS #:
25507433
Status:
Active
Baths:
0
Address:
10341 Bellwood Avenue 4315018048
Type:
Land
Neighborhood:
c05westwoodcenturycity
City:
Los Angeles
Listed Date:
Mar 5, 2025
State:
CA
ZIP:
90064
Lot Size:
15,893 sqft / 0.36 acres (approx)
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The Agency fully supports the Equal Housing Opportunity laws. The Agency IP Holdco, LLC and its parents, affiliates, subsidiaries, franchisees of its affiliates, and network partners make no representations, warranties, or guaranties as to the accuracy of the information contained herein, including square footage, lot size or other information concerning the condition, suitability or features of the property. All material is intended for informational purposes only and has been obtained from public records, MLS, or other sources believed to be reliable, but not verified. All prospective buyers should conduct a careful, independent investigation of the information and property, and consult with appropriate professionals, such as appraisers, architects, civil engineers, etc. CalDRE #01904054

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