2908 Sawtelle Blvd is a residential development opportunity in West Los Angeles just north of National Blvd right off the 405 Freeway. The lot is vacant and totals 10,898 zoned (T)(Q)C2-1VL; the site is currently unentitled, but ownership has preliminary plans for either a five-story 62-unit apartment project or a seven-story 116-unit 100% affordable housing project. Offered at $275 PSF at the asking price; rare vacant lot in the highly sought after West LA submarket with no tenant relocation required. The 90064 zip code is eligible for Tier 2 HACLA rents. Adjacent to the Westdale Plaza anchored by Chase Bank with neighborhood retail, and across the street from the Westdale Shopping Center that includes Ralphs, Staples and Rite Aid. Strong West LA location with easy access to both the 405 & 10 Freeways; 1.3miles from the Metro Expo line and steps from multiple Metro local line stopson National Blvd & Sawtelle Blvd. Ideal location for an easy to commute to Santa Monica, Brentwood, CenturyCity, Culver City, and Marina Del Rey.
The median home value in Los Angeles, CA is $912,500. This is higher than the county median home value of $796,100. The national median home value is $338,100. The average price of homes sold in Los Angeles, CA is $912,500. Approximately 33.96% of Los Angeles homes are owned, compared to 58.13% rented, while 7.92% are vacant. Los Angeles real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Los Angeles real estate agent to arrange a tour today!
Los Angeles, California 90064 has a population of 3,902,440. Los Angeles 90064 is less family-centric than the surrounding county with 28.08% of the households containing married families with children. The county average for households married with children is 30.99%.
The median household income in Los Angeles, California 90064 is $69,778. The median household income for the surrounding county is $76,367 compared to the national median of $69,021. The median age of people living in Los Angeles 90064 is 36.2 years.
The average high temperature in July is 83.6 degrees, with an average low temperature in January of 45.9 degrees. The average rainfall is approximately 15.5 inches per year, with 0 inches of snow per year.