CnC Realty
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$2,995,000

1656 Sawtelle Boulevard

Los Angeles, CA 90025

Active

Los Angeles

County

Land

Property Type

About this home

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 minutes 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.

Listed by Filip Niculete · DRE #01905352 · Marcus & Millichap
MLS #1173234621
ListedMay 28, 2026

Property Details

Architecture

StoriesN/A
StyleN/A
Total UnitsN/A
RoofN/A
Garage SpacesN/A
PoolN/A
SpaN/A

Features & Amenities

Interior FeaturesN/A
Exterior FeaturesN/A
FlooringN/A
CoolingN/A
HeatingN/A
FireplaceN/A
LaundryN/A
Parking FeaturesN/A
Parking Total0
Patio & PorchN/A
Entry LevelN/A
Entry LocationN/A
Common WallsN/A

Property Features

Lot Size0.16 ac
Lot FeaturesN/A
ViewNone
DirectionsSouth of Santa Monica Blvd and North of Iowa

Community

AreaWLA - West Los Angeles
School DistrictN/A

Tax & Financial

TermsN/A
Land LeaseN/A
HOA NameN/A
HOA FeeN/A

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Mortgage Estimate

$15,941/mo

20% down · 7% APR · 30-yr fixed

Estimate only. Does not include taxes, insurance, or HOA.

CRMLSLast updated: October 21, 2026 at 9:30 PM

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