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1656 Sawtelle Blvd
Los Angeles, CA 90025
Vacant Cleared Land | Prime West LA · Land For Sale · 0.16 AC

Investment Highlights

  • Located in the heart of Sawtelle's renowned "Little Osaka" district, one of the most vibrant and supply-constrained rental markets on the Westside.
  • Currently positioned as a Mixed Income Incentive Program (MIIP) project with approximately 38 units and a projected FAR of 4.2:1.
  • Development incentives and AB 2097 may allow construction without on-site parking requirements, improving project efficiency and density.
  • The property has already been demolished and cleared, allowing a developer to bypass demolition costs, permitting delays, and site preparation risk.
  • Alternative development pathways through AB 1287 and AHIP may support up to approximately 52 units, six stories.
  • The site is located near UCLA, Century City, Brentwood, Santa Monica, Silicon Beach, and major employment hubs.

Executive Summary

The LAAA Team is pleased to present 1656 Sawtelle Boulevard, a rare opportunity to acquire a 7,005-square-foot vacant and fully cleared development site in the heart of West Los Angeles' highly desirable Sawtelle ("Little Osaka") corridor. Positioned on a prime commercial stretch of Sawtelle Boulevard, the property offers investors and developers the ability to immediately pursue entitlement and construction without the cost, delay, and uncertainty associated with demolition. The site is currently envisioned as a Mixed Income Incentive Program (MIIP) development accommodating approximately 38 units, with alternative density pathways under AB 1287 and the City's Affordable Housing Incentive Program (AHIP) potentially supporting up to approximately 52 units and six stories of development.

Located minutes from UCLA, Brentwood, Century City, Santa Monica, and Silicon Beach, the property benefits from one of Southern California's strongest multifamily demand drivers. The affluent surrounding demographics, walkable retail environment, and proximity to major employment centers create a compelling foundation for future rental housing development. Adding further value, the property was previously advanced to Ready-to-Issue (RTI) plans for a 33-unit project, providing a potential opportunity to accelerate development timelines while preserving the flexibility to pursue larger density programs.

Property Facts

Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Residential
Proposed Use
Multifamily
  • Apartment Units
Total Lot Size 0.16 AC
Zoning C2-1VL

1 Lot Available

Lot

Price $4,163,859 CAD
Price Per AC $26,024,116.46 CAD
Lot Size 0.16 AC

Property Taxes

Property Taxes

Parcel Number
4261-008-013
Land Assessment
$4,342,440 CAD
Improvements Assessment
$333,434 CAD
Total Assessment
$4,675,874 CAD
  • Listing ID: 40811540

  • Date on Market: 2026-06-05

  • Last Updated:

  • Address: 1656 Sawtelle Blvd, Los Angeles, CA 90025

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