1656 Sawtelle Boulevard Los Angeles, CA $ 3,995,000
1656 Sawtelle Boulevard
$ 3,995,000
Share Save

1656 Sawtelle Boulevard

Los Angeles, CA, 90025
$ 3,995,000
Baths0.0

Monthly Estimate*

$ 27,906

Listed by Marcus & Millichap
1656 Sawtelle Boulevard, Los Angeles, CA 90025 - Image 1
1656 Sawtelle Boulevard, Los Angeles, CA 90025 - Image 2
1656 Sawtelle Boulevard, Los Angeles, CA 90025 - Image 3
1656 Sawtelle Boulevard, Los Angeles, CA 90025 - Image 4
1656 Sawtelle Boulevard, Los Angeles, CA 90025 - Image 5
1656 Sawtelle Boulevard, Los Angeles, CA 90025 - Image 6
1656 Sawtelle Boulevard, Los Angeles, CA 90025 - Image 7
1656 Sawtelle Boulevard, Los Angeles, CA 90025 - Image 8
1656 Sawtelle Boulevard, Los Angeles, CA 90025 - Image 9
1656 Sawtelle Boulevard, Los Angeles, CA 90025 - Image 10
Studio

Lots and Land for sale in Los Angeles, CA

for $3,995,000. The lot size is 0.1608.

We are excited to present a primely located development opportunity located at 1656 Sawtelle Blvd, Los Angeles, CA 90025.The project is ready for immediate construction with the plans being fully approved and RTI (ready to issue). Also, the old structure on the lot has already been demolished allowing for an even quicker construction start date.The RTI plans call for the development of 33 apartment units that will span an 24,804 square feet of gross building area. The proposed design includes 21 one-bedroom/one-bath and 12 two-bedroom/one-bath apartments, four of which are designated for very low-income tenants.This opportunity provides a unique advantage to bypass SB330 regulations and develop 33 units in a prime location at the heart of one of Los Angeles' most booming sub-markets. West Los Angeles is a continually growing area with some of the lowest vacancy rates in the county.1656 Sawtelle is located in the the Sawtelle neighborhood of West Los Angeles which is a vibrant and eclectic area that serves as a cultural crossroads, most notably highlighted by its "Little Osaka" district that showcases a rich blend of Japanese and American culture. This diverse and bustling community is a food lover's paradise, renowned for its array of sushi bars, ramen houses, and specialty grocery stores, as well as a variety of other international cuisines. Not just a gastronomic haven, Sawtelle is also a commercial and residential hub, featuring trendy boutiques, art galleries, and modern apartment complexes. The neighborhood enjoys excellent accessibility, bordered by major arteries like the 405 Freeway and Santa Monica Boulevard, making it convenient for both residents and visitors. Adding to its allure are its green spaces such as Stoner Recreation Center, where families can enjoy outdoor activities in a relaxed setting. With its unique blend of cultural diversity, commercial vitality, and residential comfort, Sawtelle offers a microcosm of what makes West Los Angeles one of the most desirable places to live and visit.

See more

Lots and Land Active

Price

$ 3,995,000

Bedrooms

Studio

Property Type

Lots and Land

Taxes

$ 0

Style

Lot Size

0.1608

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

23314005

Days on Market

220

Features
General
Zoning LAC2
View None
County Los Angeles
New Construction N
Property Type Land
HOA / Comm Assn N
Attached Garage N
Garage Y/N N
Special Listing Conditions Standard
Status Active
Directions Santa Monica & Sawtelle
City Los Angeles
View Y/N N
Senior Community Y/N N
MLS Area WLA - West Los Angeles
Lot Size Square Feet 7005.0
Private Pool N
Waterfront Y/N N
Carport Y/N N
Street Name Sawtelle
Property Attached Y/N N
Land Lease Y/N N
Home Warranty Y/N N
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Days on Market 180
Standard Status Active
See more
Exterior
Total Parking 0.0
Lot Size Area 7005.0
Spa N
Lot Size Acres 0.1608
Lot Size Units SquareFeet
Lot Size Source Assessor
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
See more
Interior
Basement (Y/N) N
Air Conditioning Y/N N
Heating Y/N N
Fireplace Y/N N
Full Baths 0
Half Baths 0
1/4 Baths 0
3/4 Baths 0
Street Suffix Boulevard
Electric On Property Y/N N
Total Baths 0
See more
Internal Only
Street Number 1 1656
See more
* Excluded Features
List By
Marcus & Millichap

Broker

(818) 212-2817

Phone

Affordability Calculator

$27,906
Per Month
100%
0%
0%
Monthly Principal & Interest
$27,906
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save

Discover how much house you can afford

Your dream home may be within reach.

Learn More about how to save

The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
273443 Elementary School
272636 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
3/19/2024$3,995,000 -4.88% Price Down
9/22/2023$4,200,000 Listed Price

Map


See all

1656 Sawtelle Boulevard, Los Angeles, CA, 90025 is a Lots and Land for sale at $3,995,000 with a lot size of 0.1608. 1656 Sawtelle Boulevard is a studio with 0.0 baths. The property's zip code is 90025 which is in Los Angeles, CA