Description
1656 Sawtelle Boulevard is a cleared development parcel in West Los Angeles' Little Osaka dining and retail district. Marcus & Millichap's LAAA Team is marketing the site. Previous buildings have been demolished, and the former 33-unit plan has expired; some related reports may remain useful for a new application.
The offering identifies a potential mixed-income MIIP project of roughly 38 units. It also describes pathways under AB 1287 and AHIP that could support approximately 52 units and six stories. These are development scenarios for a buyer to verify, rather than an existing approval for the larger project. The marketing materials identify AB 2097 as a potential basis for eliminating parking requirements. Santa Monica Boulevard and the 405 Freeway provide nearby connections to the Westside.
Offering Summary
- Asking Price$2,995,000
- Price PSF$428
- Price/Unit$78,816
- Property TypeLand/Develop
- Total Acres~0.16 ac
Documents
Property Address
Property Details
- Property Type
Land/Development - Acres
0.16 - Entitlements
No (Unentitled) - Zoning
C2-1VL, MIIP / AHIP, AB 2097 - APN
4261-008-013
Deal Team
