Contact Xavier Gomez
Schedule A Showing
10340 Bellwood Avenue, Los Angeles, CA 90064
Priced at Only: $22,000,000
For more Information Call
Mobile: 714.478.6676
Address: 10340 Bellwood Avenue, Los Angeles, CA 90064
Property Photos

Property Location and Similar Properties
- MLS#: 25507467 ( )
- Street Address: 10340 Bellwood Avenue
- Viewed: 7
- Price: $22,000,000
- Price sqft: $0
- Waterfront: No
- Year Built: 1948
- Bldg sqft: 0
- Days On Market: 32
- Additional Information
- County: LOS ANGELES
- City: Los Angeles
- Zipcode: 90064
- Provided by: Marcus & Millichap
- Contact: Neema Neema
- DMCA Notice
-
DescriptionWe 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.
Features
Building Area Total
- 24275.00
Cooling
- None
Country
- US
Heating
- None
Levels
- Two
Netoperatingincome
- 1040600.00
Parcel Number
- 4315018033
Parking Features
- None
Sourcesystemkey
- 25507467:CLAW
Totalexpenses
- 507100.00
Year Built
- 1948
Zoning
- LAR3

- Xavier Gomez, BrkrAssc,CDPE
- RE/MAX College Park Realty
- BRE 01736488
- Mobile: 714.478.6676
- Fax: 714.975.9953
- salesbyxavier@gmail.com