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1656 Sawtelle Blvd - Vacant Cleared Land | Prime West LA Lot • Résidentiel • 0,16 Acres • 4 218 427 $ CAD • Los Angeles, CA 90025
Certaines informations ont été traduites automatiquement.
Faits saillants de l'investissement
- 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.
Résumé de l'annonce
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.
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.
Faits sur la propriété
| Prix | 4 218 427 $ CAD | Sous-type de propriété | Résidentiel |
| Type de vente | Investissement | Utilisation proposée | |
| Nombre de lots | 1 | Taille totale du lot | 0,16 AC |
| Type de propriété | Terrain | ||
| Zonage | C2-1VL | ||
| Prix | 4 218 427 $ CAD |
| Type de vente | Investissement |
| Nombre de lots | 1 |
| Type de propriété | Terrain |
| Sous-type de propriété | Résidentiel |
| Utilisation proposée | |
| Taille totale du lot | 0,16 AC |
| Zonage | C2-1VL |
1 Lot disponible
Lot
| Prix | 4 218 427 $ CAD | Taille du lot | 0,16 AC |
| Prix par AC | 26 365 171,11 $ CAD |
| Prix | 4 218 427 $ CAD |
| Prix par AC | 26 365 171,11 $ CAD |
| Taille du lot | 0,16 AC |
1 1
Très accessible à pied
80/100
Très bien adapté aux voitures
80/100
Transports en commun efficaces
80/100
Plutôt accessible en vélo
50/100
Impôts fonciers
| Numéro de lot | 4261-008-013 | Évaluation des bâtiments | 340 763 $ CAD |
| Évaluation du terrain | 4 437 893 $ CAD | Évaluation totale | 4 778 656 $ CAD |
Impôts fonciers
Numéro de lot
4261-008-013
Évaluation du terrain
4 437 893 $ CAD
Évaluation des bâtiments
340 763 $ CAD
Évaluation totale
4 778 656 $ CAD
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1656 Sawtelle Blvd - Vacant Cleared Land | Prime West LA
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