$1,450,000
Amazing development and value-add opportunity in West LA's Sawtelle Japantown. 2030 Federal Ave is a 6,101 SF lot (148.75x41 per assessor's map) zoned LAR2 in the Transit Oriented Communities (TOC) Tier 3 area, improved with three vacant detached bungalows and a detached rear garage. The front building is 1 bed / 1 bath at 440 SF, the middle building is 2 bed / 1 bath at 628 SF, and the rear building is 2 bed / 1 bath at 608 SF, for 1,676 SF total. The site's zoning and TOC Tier 3 designation may allow higher density for redevelopment, while investors and owner-users can reimagine this Spanish-style triplex. Property is being sold at land value in as-is condition. Buyer to verify all zoning, density, and development potential with the City of Los Angeles. The property is steps from the dining, culture, and shopping of Sawtelle's "Little Osaka," offering both lifestyle and walkability. Nearby access to the 405 and 10 freeways puts UCLA, Century City, Beverly Hills, Santa Monica, and the beach within minutes.
Listed by Steve Sawai with Compass
MLS Property Type
Residential Income
Status
Active
MLS Number
26991117
Year Built
1930
Units
3
Lot Size
6,101 sq ft
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