2908 Sawtelle Boulevard

Description

2908 Sawtelle Blvd is 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; 1.3miles from the Metro Expo line and steps from multiple Metro local line stopson National Blvd & Sawtelle Blvd. Ideal location for an easy to commute to Santa Monica, Brentwood, CenturyCity, Culver City, and Marina Del Rey.

Listing information courtesy of: Neema Ahadian, Marcus & Millichap . *Based on information from the Association of REALTORS/Multiple Listing as of 11/23/2024 and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.