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33349095
33349093

1656 SAWTELLE BLVD, LOS ANGELES, CA 90025

FN
CA 01905352
Marcus & Millichap - Encino
GS
CA 01962976
Marcus & Millichap - Encino
Listed by Marcus & Millichap - Encino
$2,995,000
2 days on market
Updated 2 days ago

1656 Sawtelle Blvd

Details
APN 4261-008-013
Property Type Land
Sub Type Residential
Units 3
Price per SqFt $428
Lot Size (SqFt) 7,005
Zoning C2-1VL

West LA Infill Land | Sawtelle

Marketing 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.

If a cleared Westside development site fits your acquisition plan, we would welcome the opportunity to walk you through the MIIP, AB 1287, and AHIP density pathways.

Investment highlights

  • Vacant, cleared land with prior structures already demolished

  • Positioned as a MIIP mixed-income project at roughly 38 units, with AB 1287 and AHIP to about 52

  • A previous 33-unit plan has expired, but some of its reports can be reused

  • Prime Sawtelle frontage in Little Osaka, with no parking required under AB 2097

Listing Contacts

FN
CA 01905352
Marcus & Millichap - Encino
GS
CA 01962976
Marcus & Millichap - Encino
Listed by Marcus & Millichap - Encino

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