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- LoopNet Team
2322 Wellesley Ave
Los Angeles, CA 90064
2318-2322 Wellesley Ave, Los Angeles, 90064 · Land For Sale
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0.29 AC
INVESTMENT HIGHLIGHTS
- Premier West LA Development Opportunity: Transit-Rich Double Lot with Density Incentives & No Rent Control
- Centrally located between Santa Monica, Brentwood, and Culver City, this site sits at the epicenter of LA’s tech, media, and education boom
- Zoned R3(EC) and located within multiple incentive areas, the site allows for a wide range of developments
- Located less than 0.2 miles from the Expo/Bundy Metro Station
PROPERTY FACTS
DESCRIPTION
2318–2322 Wellesley Ave offers a ±12,500 SF double-lot development site in prime West LA, just 0.2 miles from the Expo/Bundy Metro Station. Zoned R3(EC) with AB 2097 benefits (no parking required), the site supports up to 95 units and ±39,092 SF of buildable area. Improved with two tenant-occupied SFRs generating $9,100/month, the property provides immediate income and long-term redevelopment potential. Not subject to rent control. Surrounded by major projects like West Edge and LUMEN, with access to I-10, I-405, UCLA, and top employers. Walk Score: 88. A rare opportunity in a high-demand, transit-rich corridor.
