DEVELOPERS DREAM- 2035 Colby Ave.

Is 1 of 9 parcels included in the FK Nursery Develpment 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. 2035 Colby Ave. is a 9, 155 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., 2045 Colby Ave., 2020 Federal Ave., 2020 Colby Ave. and 2024 Federal 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 between Federal Ave. and Colby 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 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 including Tsujita LA, Chichikurin, Daikokuya, Menya Tigre, Sonoritas Prime Tacos, Hermanito and many others. 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 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.

Request Information
on 2035 Colby Ave
in Los Angeles, CA
Presented by Martin Ensbury at
Lyon Stahl Investment Re, Inc.


Property MLS #SB24075426 from CRMLS

+ Reveal additional info including schools and tax history

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+ Bedrooms

Bedrooms: 2
Bedrooms On Main Level: 2

+ Bathrooms

Total Bathrooms: 1
Full Bathrooms: 1
Bathrooms On Main Level: 1

+ Other Rooms

All Bedrooms Down, Living Room, Main Floor Primary Bedroom

+ Appliances

Laundry Features: Gas & Electric Dryer Hookup

+ Land Info

Lot Description: 0-1 Unit/Acre, Level with Street, Value In Land
Lot Size Acres: 0.2101699
Lot Size Source: Assessor
Lot Size Square Feet: 9155

+ Home Features

View: City Lights, Neighborhood

+ School Information

School District: Los Angeles Unified
+ Display Complete School Details

Nora Sterry Elementary School is a public elementary school located approximately 0.5 miles away.
Map directions

Daniel Webster Middle School is a public middle school located approximately 0.9 miles away.
Map directions

University Senior High School Charter is a public high school located approximately 1 miles away.
Map directions

Brawerman West Elementary of Wilshire BLVD Temple is a private elementary school located approximately 0.2 miles away.
Map directions

+ Homeowners Association

Calculated Total Monthly Association Fees: 0

+ Amenities and Community Features

Community Features: Curbs, Sidewalks, Storm Drains, Street Lights, Urban

+ Other Property Info

Source Listing Status: Active
County: Los Angeles
Directions: Colby Ave, South of La Grange Ave., and North of Mississippi Ave
Source Property Type: Residential
Area: WLA - West Los Angeles
Source Neighborhood: WLA - West Los Angeles
Parcel Number: 4261037007
Postal Code Plus 4: 6205
Zoning: LAR2
Property Subtype: Single Family Residence
Source System Name: C2C
+ Reveal Tax History

Year	Assessments Building + Land Total	Tax
2022	$30411 + $65583 $95994	$1544
2021	$29815 + $64298 $94113	$1513
2020	$29510 + $63639 $93149	$1521
2019	$28932 + $62392 $91324	$1472
2018	$28365 + $61169 $89534	$1384
2017	$27809 + $59970 $87779	$1357
2016	$27264 + $58795 $86059	$1315
2015	$26855 + $57912 $84767	$1298
2014	$26329 + $56778 $83107	$1314
2013	$26211 + $56522 $82733	$1307
2012	$25698 + $55414 $81112	$1319
2010	$25195 + $54328 $79523	$1303
2009	$25067 + $54051 $79118	$1257
2009	$25007 + $53922 $78929	$1257
2008	$24576 + $52992 $77568	$1211
2007	$24095 + $51953 $76048	$1170

+ Reveal Property Sale History

Listed 2024-04-16
$2472000
CRMLS

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Listing removed 2014-05-01
$2700
WestsideRentals

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Listing removed 2014-04-30
$2700
TheMLSCLAW

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Listed for rent 2014-04-19
$2700
WestsideRentals

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Listed for rent 2014-04-18
$2700
TheMLSCLAW

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Listing removed 2012-09-19
$2400
ITECH

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Listing removed 2012-07-29
$1400
ITECH

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Listing removed 2012-01-22
$2400
TheMLSCLAW

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Listed for rent 2012-01-02
$2400
ITECH

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Listed for rent 2012-01-02
$2400
TheMLSCLAW

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Listing removed 2005-07-08
$2100
ITECH

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Listed for rent 2005-06-21
$2100
ITECH

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Listing removed 1999-04-12
$1400
ITECH

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Listing removed 1999-03-06
$1400
ITECH

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Listed for rent 1999-03-03
$1400
ITECH

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Listed for rent 1999-02-11
$1400
ITECH

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Listed for rent 1997-12-04
$1400
ITECH

+ Building and Construction

Total Square Feet Living: 1225
Year Built: 1922
Common Walls: 1 Common Wall
Entry Level: 1
Entry Location: Front
Living Area Source: Assessor
Property Age: 102
Property Attached: Yes
Levels or Stories: One
Building Total Stories: 1
Structure Type: House
Year Built Source: Assessor

+ Utilities

Sewer: Public Sewer
Water Source: Public