Description
The LAAA Team of Marcus & Millichap is pleased to present 1656 Sawtelle Boulevard, a vacant, cleared infill parcel in the heart of West LA's Sawtelle (Little Osaka) corridor. Prior structures are already demolished, so a buyer moves straight into design and entitlement. The site is positioned as a MIIP mixed-income development for roughly 38 units, with the AB 1287 State Density Bonus and AHIP pathways scaling to about 52 units and six stories. A previous 33-unit plan has expired, though some of its reports can be reused.
•Vacant and Cleared: Prior structures are already demolished, so a buyer avoids tear-down cost and timeline and moves straight into design and entitlement.
•Flexible Density: 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.
•Reusable Prior Reports: A previous 33-unit plan has expired, but some of its reports and studies can be reused, preserving the option to pursue the larger MIIP or AHIP density.
•Prime Little Osaka Frontage: High-visibility frontage on Sawtelle Boulevard in the heart of the Little Osaka dining and retail district, one of West LA's most active corridors.
•Supply-Constrained West LA: One of the lowest-vacancy submarkets in Los Angeles, with sustained rental demand from UCLA, the Westside job base, and persistent infill land scarcity.
•No Parking, Strong Access: No parking required under AB 2097, with immediate access to Santa Monica Boulevard and close proximity to the 405 Freeway.
Documents
Offering Summary
- Asking Price$2,995,000
- Price PSF$428
- Price/Unit$78,816
- Property TypeLand/Development
- Total Acres~0.16 ac
Documents
Property Address
Property Details
- Property TypeLand/Development
- EntitlementsNo (Unentitled)
- ZoningC2-1VL, MIIP / AHIP, AB 2097
- APN4261-008-013
Property Details
- Property TypeLand/Development
- EntitlementsNo (Unentitled)
- ZoningC2-1VL, MIIP / AHIP, AB 2097
- APN4261-008-013





Deal Team

Description
The LAAA Team of Marcus & Millichap is pleased to present 1656 Sawtelle Boulevard, a vacant, cleared infill parcel in the heart of West LA's Sawtelle (Little Osaka) corridor. Prior structures are already demolished, so a buyer moves straight into design and entitlement. The site is positioned as a MIIP mixed-income development for roughly 38 units, with the AB 1287 State Density Bonus and AHIP pathways scaling to about 52 units and six stories. A previous 33-unit plan has expired, though some of its reports can be reused.
•Vacant and Cleared: Prior structures are already demolished, so a buyer avoids tear-down cost and timeline and moves straight into design and entitlement.
•Flexible Density: 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.
•Reusable Prior Reports: A previous 33-unit plan has expired, but some of its reports and studies can be reused, preserving the option to pursue the larger MIIP or AHIP density.
•Prime Little Osaka Frontage: High-visibility frontage on Sawtelle Boulevard in the heart of the Little Osaka dining and retail district, one of West LA's most active corridors.
•Supply-Constrained West LA: One of the lowest-vacancy submarkets in Los Angeles, with sustained rental demand from UCLA, the Westside job base, and persistent infill land scarcity.
•No Parking, Strong Access: No parking required under AB 2097, with immediate access to Santa Monica Boulevard and close proximity to the 405 Freeway.
Documents
Offering Summary
- Asking Price$2,995,000
- Price PSF$428
- Price/Unit$78,816
- Property TypeLand/Development
- Total Acres~0.16 ac
Documents
Property Address
Property Details
- Property TypeLand/Development
- EntitlementsNo (Unentitled)
- ZoningC2-1VL, MIIP / AHIP, AB 2097
- APN4261-008-013
Property Details
- Property TypeLand/Development
- EntitlementsNo (Unentitled)
- ZoningC2-1VL, MIIP / AHIP, AB 2097
- APN4261-008-013
Deal Team

