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$2,995,000
Est. payment /mo
10,832 Sqft Lot
UPDATED:
10/04/2024 09:53 PM
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID 24-443781
Lot Size 10,832 Sqft
Acres 0.2487
Property 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.
Location
State CA
County Los Angeles
Area West L.A.
Zoning LAC2
Exterior
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Listed by Marcus & Millichap
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