Land for sale
$9,885,000 - Los Angeles CA 90025Los Angeles CA 90025
Land for sale
- Price: $9,885,000
- Reference No.: 70812989
Advertisement
Overview
DEVELOPERS DREAM- 2020 Federal Ave. is the largest of 9 parcels included in the FK Nursery Development Portfolio. This parcel is almost an acre of LAR2 land running block to block from Colby to Federal! 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. 2020 Federal Ave. is a 36, 601 sq. ft. parcel currently being used by F.K. Nursery, a family-owned and operated nursery business that has been a staple of the Sawtelle neighborhood since 1939. F.K. Nursery is truly a California landmark! The nursery will close operations in July of 2024. The other properties included are: 2007 Colby Ave., 2026 Colby Ave., 2027 Colby Ave., 2031 Colby Ave., 2035 Colby Ave., 2045 Colby Ave., 2020 Colby Ave., and 2024 Federal Ave. Rarely does a piece of residential land 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 between Federal Ave. and Colby Ave, South of La Grange Ave., and North of Mississippi Ave. The property benefits from its unique location less than half a mile from the historic Sawtelle Japantown. Sawtelle Blvd. is widely renowned as one of the best streets for food in all of Los Angeles, featuring a myriad of different restaurants. Due to the incredible restaurants, this area has some of the best foot traffic in all of Los Angeles. The property also benefits from direct access to the 405 and 10 freeways which are located just minutes away, as well as the proximity to UCLA and the upscale Santa Monica shopping and beaches. Included as a Supplement to this listing is the Offering Memorandum with a Feasibility Study, which includes a plat map with addresses, conducted by a top architecture firm, Ennead Architects, along with a corresponding Land Use Assessment prepared by Somos Law Group, who specializes in land use and real estate transactions.Land Los Angeles
This Land for sale is located at Los Angeles CA 90025. The home has . This Land in Los Angeles CA is for sale for $9,885,000 .
Disclaimer
2024-04-18, Viewed 0 times.
Disclaimer
The information about this listing comprises a listing advertisement. Listanza makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information. Further, Listanza has no control over the content. The information is provided and maintained by the owner/agent. Please contact the owner/agent directly to obtain any additional information.
2024-04-18, Viewed 0 times.
Search more listings
- Top 10 3 bedroom house for sale bellingham wa shopping
- Top 10 2 bedroom apartment for rent oxon hill md a/c
- Top 100 2 bedroom apartment for rent aurora co carpet
- Top 100 3 bedroom apartment for rent boston ma hardwood floor
- Top 10 3 bedroom house for sale deltona fl carpet
- Top 10 2 bedroom apartment for rent woburn ma microwave
- Top 10 1 bedroom apartment for rent flushing ny elevator
- Top 20 2 bedroom apartment for rent nanaimo bc shopping
- Top 100 1 bedroom apartment for rent raleigh nc carpet
- Top 10 3 bedroom apartment for rent round rock tx air conditioning
- Top 20 3 bedroom house for sale southport nc hardwood floor
- Top 10 3 bedroom house for sale irmo sc fireplace