2030 Federal Ave
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.
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | 2-4 Units |
| Price: | $1,450,000 |
| No. of Units: | 3 |
| Year Built: | 1930 |
| Lot Size: | 1,676.00 Sq ft |
| Opportunity Zone: | No |
| Price per unit: | $483,333 |
| Property Website | Click Here |
| Number of Bedrooms: | 5 |
| Number of Bathrooms: | 3 |
ID: 3yd-CLAWCA-26991117
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