2908 Sawtelle Blvd - Commercial LAND FOR SALE


Los Angeles, CA 90064 10,899 SF
$2,995,000 USD
310-909-5444
2908 Sawtelle Blvd, Los Angeles, CA for Sale
$2,995,000 USD
Commercial LAND - FOR SALE
1/5
10,899 SF

2908 Sawtelle Blvd
Los Angeles, CA 90064


HIGHLIGHTS

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OVERVIEW

The Neema Group of Marcus and Millichap is proud to present 2908 Sawtelle Blvd, 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; 1.3 miles from the Metro Expo line and steps from multiple Metro local line stops on National Blvd & Sawtelle Blvd. Ideal location for an easy to commute to Santa Monica, Brentwood, Century City, Culver City, and Marina Del Rey.

FOR SALE DETAILS

PRICE

$2,995,000 USD

PRICE/ACRE

$11,971,206/AC

PRICE/SF

$275 USD /SF

# OF LOTS

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LAND DETAILS

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

-

LAND ACRES

0.25 AC

LAND SF

10,898 SF

OFFSITE IMPROVEMENTS

-

ZONING

(T)(Q)C2-1VL

APN/PARCEL ID

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ASK ABOUT THIS PROPERTY

Neema AhadianMarcus & MillichapMore Info
310-909-5444

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Neema AhadianMarcus & MillichapMore Info
310-909-5444

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.