2908 Sawtelle Boulevard
Los Angeles, CA 90064
0.25 acres | #24443781
Description
2908 Sawtelle Blvd is a residential development opportunity in West Los Angeles just north of National Blvd right off the 405 Freeway. The lot is vacant and totals 10,898 zoned (T)(Q)C2-1VL; the site is currently unentitled, but ownership has preliminary plans for either a five-story 62-unit apartment project or a seven-story 116-unit 100% affordable housing project. Offered at $275 PSF at the asking price; rare vacant lot in the highly sought after West LA submarket with no tenant relocation required. The 90064 zip code is eligible for Tier 2 HACLA rents. Adjacent to the Westdale Plaza anchored by Chase Bank with neighborhood retail, and across the street from the Westdale Shopping Center that includes Ralphs, Staples and Rite Aid. Strong West LA location with easy access to both the 405 & 10 Freeways; 1.3miles from the Metro Expo line and steps from multiple Metro local line stopson National Blvd & Sawtelle Blvd. Ideal location for an easy to commute to Santa Monica, Brentwood, CenturyCity, Culver City, and Marina Del Rey.
Property Details
- Acres0.2487
Construction Details
- Property TypePurchase
Community and Neighborhood Details
- CountyLos Angeles
Financial Details
- Original List Price$2,995,000
Other
- MLS #24443781
Location
Legal
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Last Updated:Â . Source: CRMLS
Listing Courtesy
Listing Agent: Neema Ahadian (#CLW-C104547)
Listing Office: Marcus & Millichap (#CLW-X7515101)
Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.
