2020 Federal Los Angeles Ca

Los Angeles, CA 90025

$9,885,000
Price
36,599 / 0.84
Lot Size / Acres

Description

DEVELOPERS DREAM- 2020 Federal Ave. is the largest of 9 parcels included in the FK Nursery Development Portfolio. This parcel is almost an acre of LAR2 land running block to block from Colby to Federal! 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...DEVELOPERS DREAM- 2020 Federal Ave. is the largest of 9 parcels included in the FK Nursery Development Portfolio. This parcel is almost an acre of LAR2 land running block to block from Colby to Federal! 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. 2020 Federal Ave. is a 36,601 sq. ft. parcel currently being used by F. K. Nursery, a family-owned and operated nursery business that has been a staple of the Sawtelle neighborhood since 1939. F. K. Nursery is truly a California landmark! The nursery will close operations in July of 2024. The other properties included are: 2007 Colby Ave., 2026 Colby Ave., 2027 Colby Ave., 2031 Colby Ave., 2035 Colby Ave., 2045 Colby Ave., 2020 Colby Ave., and 2024 Federal Ave. Rarely does a piece of residential land 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 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. 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 just 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.
  1. Listed by Martin Ensbury • DRE #00815392 • Brokerage DRE #01972083 • Lyon Stahl Investment Real Estate, Inc.
  2. Listed by Michael Millea • Brokerage DRE #01972083 • Lyon Stahl Investment Real Estate, Inc.

Property Details for 2020 Federal Los Angeles Ca

Neighborhood
Sawtelle
City Postal ID
LOS ANGELES (90025)

Location

Listing Courtesy of Lyon Stahl Investment Real Estate, Inc., Martin Ensbury, DRE #00815392; Lyon Stahl Investment Real Estate, Inc., Michael Millea
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LISTING UPDATED: 04/22/2024 05:42 PM

Property Details for 2020 Federal Los Angeles Ca

StatusActive
MLS #SB24075479
Days on Market15
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLot/Land
Year Built-
Lot Size0.84 AC
CountyLos Angeles County

Location

Listing Courtesy of Lyon Stahl Investment Real Estate, Inc., Martin Ensbury, DRE #00815392; Lyon Stahl Investment Real Estate, Inc., Michael Millea
Add your commute

Building Information for 2020 Federal Los Angeles Ca

Lot Size0.84 AC

Payment Calculator

$53,947 per month

30 year fixed, 7.25% Interest

Principal and Interest

$53,947

Property Taxes

—

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 2020 Federal Los Angeles Ca

Summary Information
Property and Location
  • System ID: 306148238
  • Class: LOT/LAND
  • Street Number Numeric: 2020
  • Street Name: Federal
  • Directions To Property: Federal Ave.,
HOA and Fees
  • Home Owner Fees: $0
  • Monthly Total Fees: $76
  • CFD/Mello-Roos Fee: $921
  • CFD/Mello-Roos Fee Reflct: Year
Supplement
  • Supplement: DEVELOPERS DREAM- 2020 Federal Ave. is the largest of 9 parcels included in the FK Nursery Development Portfolio. This parcel is almost an acre of LAR2 land running block to block from Colby to Federal! 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. 2020 Federal Ave. is a 36,601 sq. ft. parcel currently being used by F.K. Nursery, a family-owned and operated nursery business that has been a staple of the Sawtelle neighborhood since 1939. F.K. Nursery is truly a California landmark! The nursery will close operations in July of 2024. The other properties included are: 2007 Colby Ave., 2026 Colby Ave., 2027 Colby Ave., 2031 Colby Ave., 2035 Colby Ave., 2045 Colby Ave., 2020 Colby Ave., and 2024 Federal Ave. Rarely does a piece of residential land 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 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. 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 just 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.
Property Information
Property and Assessments
  • Entry Only: No
  • Lot Size Source: Assessor Record
  • Topography: Level
  • Site: Curbs
  • Assessors Parcel Num: 4261037004
  • Miscellaneous: Value in Land

Property History for 2020 Federal Los Angeles Ca

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 2020 Federal Los Angeles Ca

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Charter - 9 to 12
Charter - K to 7
Rating
School
Distance
Nora Sterry Elementary School
PublicK to 5

Daniel Webster Middle School
Public6 to 8

University Senior High School Charter
Charter9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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2020 Federal Los Angeles Ca is a 0.84 ac of land for sale in Los Angeles, CA 90025. This property was listed for sale on April 16, 2024 by Lyon Stahl Investment Real Estate, Inc., it's currently listed at $9,885,000. This listing's school district is Los Angeles Unified School District. Nearby schools include Nora Sterry Elementary School, Daniel Webster Middle School and University Senior High School Charter. 2020 Federal Los Angeles Ca is a 0-bed, 0-bath, 0.84 ac of land on a 36,599 sq. ft. / 0.84 acres lot.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Lyon Stahl Investment Real Estate, Inc., Martin Ensbury, DRE #00815392; Lyon Stahl Investment Real Estate, Inc., Michael Millea

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.