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Search Land - 1950 & 1954 Purdue Avenue

1950 & 1954 Purdue Avenue

$2,300,000
1950 & 1954 Purdue Avenue, Los Angeles, CA
Status: Active
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Property Type
Commercial Acreage
Acreage
0.244 acres
County
Los Angeles, CA
Format
Sale
Features
N/A
List Date
Aug 9, 2024
Documents
N/A
Description
Two adjacent lots totaling approximately 10,620 feet of R2-zoned land located between Olympic and Santa Monica Blvd, just two blocks west of Sawtelle’s Japantown! With 85 feet of frontage on Purdue Avenue, 1950 and 1954 Purdue Avenue represent an incredible opportunity to build two single family homes, one large single-family home, or multiple units in this great West LA neighborhood.1950 Purdue totals 6,620 SF of land & 1954 Purdue totals 4,000 SF. 1950 and 1954 both benefit from AB2345 (affordable housing requirements in exchange greater density bonus). 1950 Purdue qualifies for TOC Tier 2 and is eligible for AB2097 parking reduction, but 1954 does not; however, please consult with City staff to determine whether a TOC project can be constructed on the full site if the lots are combined. Sawtelle’s Japantown is one of the most popular a desirable streets for food and shopping in all of Los Angeles, featuring a myriad of shops and restaurants. With convenient access to the 405 and 10 freeways, as well as close proximity to UCLA, Westwood and Santa Monica, the property is ideally situated and has the flexibility of building either single family or income property.
Listing Agent
Eric Sackler
624-Coldwell Banker Realty - SoCal
Los Angeles, California
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