Land
1656 Sawtelle Blvd
Los Angeles, CA 90025
$2,995,000
Listing Price
7,005 SF
Lot Size
38
Buildable Units
$78,816
Price/Buildable Unit
$428
Price/SF
Development Details
PlansRTI
ProductApartments
ZoningC2-1VL, MIIP / AHIP, AB 2097
FAR4.2:1
Current UseVacant cleared land, demolition complete
Price/SF$428
Investment Highlights
- •Vacant, cleared, shovel-ready land with prior structures already demolished, so a buyer moves straight into design and entitlement with no tear-down cost or timeline.
- •Positioned as a MIIP mixed-income project at roughly 38 units, with the AB 1287 State Density Bonus and AHIP pathways scaling to about 52 units and six stories at maximum density.
- •A 33-unit Ready-to-Issue plan set conveys to the buyer, preserving the option to build now or pursue the larger MIIP or AHIP density.
- •Prime Sawtelle frontage in the heart of Little Osaka, one of West LA's most active dining and retail corridors.
- •Supply-constrained West LA submarket with sustained rental demand from UCLA, the Westside job base, and persistent infill land scarcity.
- •No parking required under AB 2097, with immediate access to Santa Monica Boulevard and close proximity to the 405 Freeway.
Permitted Uses
C2-1VL commercial zoning supports mixed-income multifamily. Positioned as a MIIP project at roughly 38 units, with the AB 1287 State Density Bonus (about 34 units) and AHIP (up to about 52 units and six stories) as alternative pathways. A 33-unit Ready-to-Issue plan set conveys to the buyer.