2030 Federal Avenue, Los Angeles, CA 90025

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

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Listing courtesy of Listing Agent: Steve Sawai (steve@stevesawaii.com) from Listing Office: Compass.

List Price
$1,450,000
Status
Active
MLS#
26991117
Year Built
1930
Bedrooms
5
Bathrooms
3
Living Sq. Ft
1,676
Lot Size
6,101
Lot Location
Value In Land
Days on Market
3
Property Type
Multifamily
Property Type
Multifamily
Style
Spanish
Stories
One Level

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

Appliances
Gas Oven, Dryer, Washer
Pool Description
None
Garage Spaces Total
3

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Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.