We are excited to present a primely located development opportunity located at 1656 Sawtelle Blvd, Los Angeles, CA 90025.The project is ready for immediate construction with the plans being fully approved and RTI (ready to issue). Also, the old structure on the lot has already been demolished allowing for an even quicker construction start date.The RTI plans call for the development of 33 apartment units that will span an 24,804 square feet of gross building area. The proposed design includes 21 one-bedroom/one-bath and 12 two-bedroom/one-bath apartments, four of which are designated for very low-income tenants.This opportunity provides a unique advantage to bypass SB330 regulations and develop 33 units in a prime location at the heart of one of Los Angeles' most booming sub-markets. West Los Angeles is a continually growing area with some of the lowest vacancy rates in the county.1656 Sawtelle is located in the the Sawtelle neighborhood of West Los Angeles which is a vibrant and eclectic area that serves as a cultural crossroads, most notably highlighted by its "Little Osaka" district that showcases a rich blend of Japanese and American culture. This diverse and bustling community is a food lover's paradise, renowned for its array of sushi bars, ramen houses, and specialty grocery stores, as well as a variety of other international cuisines. Not just a gastronomic haven, Sawtelle is also a commercial and residential hub, featuring trendy boutiques, art galleries, and modern apartment complexes. The neighborhood enjoys excellent accessibility, bordered by major arteries like the 405 Freeway and Santa Monica Boulevard, making it convenient for both residents and visitors. Adding to its allure are its green spaces such as Stoner Recreation Center, where families can enjoy outdoor activities in a relaxed setting. With its unique blend of cultural diversity, commercial vitality, and residential comfort, Sawtelle offers a microcosm of what makes West Los Angeles one of the most desirable places to live and visit.
Property Details
Property Features
Listing Office:
Office Name: Marcus & Millichap
Office Phone: (818) 212-2700
Listing Agent: Filip Niculete
Exterior Features
Exterior Information:
View: None
Lot Features
Lot Information:
Lot Size: 0.16 Acres
Other
Directions Information:
Directions: Sawtelle & Idaho
Price Information
Listing Price Info
Price Summary:
List Price: $3,600,000
Tax Information:
Annual Amount: $37,041
Tax Year: 2021
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Housing Market Comparison
See how this home compares to others in Los Angeles, CA.
This property is $2.5M more than the Median Sold Price in Los Angeles, CA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: CRMLS
MLS Number: #24420273
Listing Office:
Office Name: Marcus & Millichap
Office Phone: (818) 212-2700
Listing Agent: Filip Niculete
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 12/22/2024, 10:20:59 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Listing History
DATE
EVENT
PRICE
Mar 19, 2019
Mar 19, 2019Home Sold
$3,015,000
Feb 26, 2019
Feb 26, 2019Home Sold
$2,325,000
Tax History
YEAR
PROP. TAX
ASSESSMENT
2021
$37,041
$3,107,159
2020
$34,844
$3,075,300
2019
$1,776
$101,702
2018
$1,705
$99,709
2017
$1,705
$97,754
History based on county public records data.
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
6
/10
Nora Sterry Elementary School
1730 Corinth Ave
Distance between this listing and this school0.11 miles
Public District Grades KG-5
6
/10
Brockton Avenue Elementary
1309 Armacost Ave
Distance between this listing and this school0.91 miles
Public District Grades KG-5
9
/10
Westwood Charter Elementary School
2050 Selby Ave
Distance between this listing and this school1.01 miles
Public Charter Grades KG-5
Nearby Schools
6
/10
Emerson Community Charter
1650 Selby Ave
Distance between this listing and this school0.88 miles
Public Charter Grades 6-8
7
/10
Citizens of the World Charter School Mar Vista
11561 Gateway Blvd
Distance between this listing and this school1.00 miles
Public Charter Grades KG-7
3
/10
Daniel Webster Middle School
11330 Graham Pl
Distance between this listing and this school1.32 miles
Public District Grades 6-8
Nearby Schools
6
/10
University High School Charter
11800 Texas Ave
Distance between this listing and this school0.77 miles
Public Charter Grades 9-12
7
/10
New West Charter
1905 Armacost Ave
Distance between this listing and this school0.84 miles
Public Charter Grades 6-12
6
/10
Magnolia Science Academy 4
11330 Graham Pl # B-9
Distance between this listing and this school1.32 miles
The neighbors living near this home have an average income of $44,144. The majority of Los Angeles, CA residents have income between $35k-100k annually. The majority of families are single, no kids. The most common level of education of people living in this area is post secondary degree.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 1656 Sawtelle Blvd
What is the listing price of this property?
The listing price of 1656 Sawtelle Blvd property is $3,600,000.
What type of property is this?
The property 1656 Sawtelle Blvd is land located in Los Angeles, California, 90025.
Is this property for sale now?
Active Listing: 1656 Sawtelle Blvd is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2021 is $37,041 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on March 19, 2019 for $3,015,000. (source: MLS/tax record).
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This home is located at 1656 Sawtelle Blvd in Los Angeles, CA and zip code 90025 in the Sawtelle neighborhood. This home sits on a 0.16 acre lot. It has been listed on Rocket Homes since July 26, 2024 and is currently priced at $3,600,000.
In November 2024 more than 512 listings in Los Angeles, CA were sold above the asking price. During the same period more than 177 listings were sold at asking price, while more than 657 were sold below. Between October 2024 and November 2024, Los Angeles, CA real estate market has seen decrease in the number of listings by 0.6%. While the average time on the market in November 2024 was 38 days, the median list price was $1,021,532.
From Rocket Homes Real Estate and based on county public records data.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. 
Music Concerts
Music Concerts
Major League Soccer (MLS)
Hiking/backpacking
H&M
Banana Republic
Bloomingdales
Chipotle
Jack In The Box
Starbucks
Volkswagen
Toyota
Audi
Rhythmic Contemporary Hits
Jazz