2030 Federal Ave, Los Angeles, CA 90025

$1,450,000
5
BD
3
BA
1,676
SqFt

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List Price
$1,450,000
MLS#
26991117
Year Built
1930
Bedrooms
5
Bathrooms
3
Living Sq. Ft
1,676
Lot Size
6,101
Days on Market
0
Property Type
Multifamily
Style
Spanish
Stories
1

Property Description

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.

Additional Information

Lot Description
Value In Land
Other Buildings
None
Pool Description
None
Heat
Wall Gas
Cooling
None
Number of Cars in Garage
Garage Is Detached, Shared Driveway
Garage Spaces Total
3

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Calculator source: Real Geeks

Courtesy of Compass, Steve Sawai - CA DRE#00607215

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