Active

1656 Sawtelle Boulevard

Los Angeles, CA 90025
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SqFt7,005

Sqft(Lot)

We are pleased to present 1656 Sawtelle Boulevard, a rare opportunity to acquire a 7,005-square-foot vacant and fully cleared development site in the heart of West Los Angeles' highly desirable Sawtelle ("Little Osaka") corridor. Positioned on a prime commercial stretch of Sawtelle Boulevard, the property offers investors and developers the ability to immediately pursue entitlement and construction without the cost, delay, and uncertainty associated with demolition. The site is currently envisioned as a Mixed Income Incentive Program (MIIP) development accommodating approximately 38 units, with alternative density pathways under AB 1287 and the City's Affordable Housing Incentive Program (AHIP) potentially supporting up to approximately 52 units and six stories of development. Located minu tes from UCLA, Brentwood, Century City, Santa Monica, and Silicon Beach, the property benefits from one of Southern California's strongest multifamily demand drivers. The affluent surrounding demographics, walkable retail environment, and proximity to major employment centers create a compelling foundation for future rental housing development. Adding further value, the property was previously advanced to Ready-to-Issue (RTI) plans for a 33-unit project, providing a potential opportunity to accelerate development timelines while preserving the flexibility to pursue larger density programs.

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Detail Ic Property Details

Property Type : Land

Price : $2,995,000

AD Id : 80128597

MLS Id : 26843965

Lot Size : 7,005 Sqft(Lot)

County : Los Angeles

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Feature Features

  • Bathroom Information

    Total Baths: 0 Full Baths: 0 Half Baths: 0

  • Lot Details

    Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 0.1608
  • Lot Size Source: Appraiser Lot Size Square Feet: 7005

  • Listing Price Information

    Original List Price: 2,995,000 Listing Contract Date: 2026-05-28
  • Lease Information

    Listing Agreement: Seller Reserved

  • Tax Information

    Parcel Number: 4261008013

  • Other Property Info

    Source Listing Status: Active Source Neighborhood: WLA - West Los Angeles Postal Code Plus 4: 3149 Directions: South of Santa Monica Blvd and North of Iowa Zoning: LAC2 Source Property Type: Land Area: WLA - West Los Angeles
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
11061 S Ohio Avenue, Los Angeles, CA, 90025 $4,150,000 -- -- -- 12,009 Sqft(Lot)
1463 - 1467 Wellesley A.., Los Angeles, CA, 90025 $3,950,000 -- -- -- 15,424 Sqft(Lot)

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ByOwner last updated this listing 06/24/2026 @ 16:17

MLS: 26843965 LISTED BY: Filip Niculete, Marcus & Millichap 818-212-2700 SOURCE: CRMLS

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