2024 Federal Avenue, Los Angeles
Los Angeles Home For Sale
.- DEVELOPERS DREAM- 2024 Federal Ave., is 1 of 9 parcels included in the FK Nursery Development Portfolio. This is a once in a lifetime development opportunity located in the heart of the Sawtelle district of West Los Angeles. The total offering consists of 9 parcels, all zoned LAR2, totaling approximately 111,311 sq. ft. 7 of the 9 parcels are contiguous, and the remaining 2 parcels are contiguous on the East side of Colby Ave. 2024 Federal Ave. is a 6,098 sq. ft. parcel currently being used as a single-family residence. The other properties included in this portfolio are: 2007 Colby Ave., 2026 Colby Ave., 2027 Colby Ave., 2031 Colby Ave., 2035 Colby Ave., 2045 Colby Ave., 2020 Federal Ave., and 2020 Colby Ave. Property can be sold separately! Rarely does a piece of residential land (LAR2) of this magnitude come along in one of Los Angeles most desirable westside neighborhoods. Over the past five years, there have been a number of new construction two-on-a-lot developments in the immediate vicinity of the subject properties. However, given the size of the contiguous properties, a developer should also be able to obtain bonus density and build a substantial number of for-sale townhomes on the property or large apartment building(s). The subject property is located on Federal Ave., South of La Grange Ave., and North of Mississippi Ave. The property benefits from its unique location in the center of the Sawtelle district, less than half a mile from the historic Sawtelle Japan town. Sawtelle Blvd. is widely renowned as one of the best streets for food in all of Los Angeles, f
Property Details
Additional Information
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- City:
- Los Angeles
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- County:
- Los Angeles
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- Zip:
- 90025
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- MLS® #:
- SB24075821
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- Bedrooms:
- 2
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- Bathrooms:
- 1
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- Square Ft:
- 1,008
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- Lot Size:
- 0.14
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- Neighborhood:
- LOS ANGELES (90025)
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- Garages:
- 2
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Listing information last updated on July 9th, 2024 at 6:46pm PDT.