For Sale

Listed by Steve Sawaii and Justin Sawai

Source: Combined LA Westside Multiple Listing Service, Inc #26991117

2030 Federal Avenue, Los Angeles, CA, 90025

$1,450,000

5
3
3
1676 sq. ft.
6101 sq. ft.

Other

•

3 days on the market

What's around 2030 Federal Avenue

About this property

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.

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