2908 Sawtelle Blvd
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2908 Sawtelle Blvd
0.25 Acres of Commercial Land Offered at $4,207,017 CAD in Los Angeles, CA 90064
Investment Highlights
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Executive Summary
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.
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.
Property Facts
| Price | $4,207,017 CAD | Property Type | Land |
| Sale Type | Investment | Property Subtype | Commercial |
| No. Lots | 1 | Total Lot Size | 0.25 AC |
| Price | $4,207,017 CAD |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Total Lot Size | 0.25 AC |
1 Lot Available
Lot
| Price | $4,207,017 CAD | Lot Size | 0.25 AC |
| Price Per AC | $16,815,690 CAD |
| Price | $4,207,017 CAD |
| Price Per AC | $16,815,690 CAD |
| Lot Size | 0.25 AC |
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Walk Score ®
Very Walkable (76)
PROPERTY TAXES
| Parcel Number | 4258-017-005 | Improvements Assessment | $739,199 CAD |
| Land Assessment | $2,044,599 CAD | Total Assessment | $2,783,798 CAD |
PROPERTY TAXES
Parcel Number
4258-017-005
Land Assessment
$2,044,599 CAD
Improvements Assessment
$739,199 CAD
Total Assessment
$2,783,798 CAD
zoning
| Zoning Code | (T)(Q)C2-1VL |
| (T)(Q)C2-1VL |
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Neema Ahadian -
Ben Lee -
Marcus & Millichap
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2908 Sawtelle Blvd
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