2026 Colby Avenue, Los Angeles, CA 90025

$1,350,000 Asking Price

2 beds
1 bath
756  sqft
Built in 1924

DEVELOPERS DREAM- 2026 Colby Ave. is 1 of 9 parcels included in the FK Nursery Development 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. 2026 Colby Ave. is a 5,298 sq. ft. parcel currently being used as a single-family residence and is one of the 2 parcels on the East side of Colby. The other properties included in this portfolio are: 2007 Colby Ave., 2027 Colby Ave., 2031 Colby Ave., 2035 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 bu

Features & Amenities

Interior

Laundry:
Other
A/C:
false, None
Fireplace:
None

Exterior

Pool:
None

Construction

General:
1

Location

HOA Amenities:
0.0
School District:
Los Angeles Unified
County:
Los Angeles

Lot

Zoning:
LAR2, 4261036012
View:
City Lights, Other

Utilities

Water:
Public
Sewer:
Public Sewer

This listing courtesy of:
Lyon Stahl Investment Real Estate, Inc., Martin Ensbury

About Los Angeles, CA

Housing

Number of Units
906,276
Median Home Value
$764,749
Median Rent
$1,399

71.58% of housing units are renter occupied.

6.82% are vacant.

Commute

Car
56.67%
Public Transportation
8.41%
Walk to Work
3.27%
Work from Home
29.71%
Other
1.00%

The median travel time to work is 25 minutes.

People

Population
2,373,885
Median Age
35.80
Median Household Size
2.78

Education

High School
18.57%
Associate’s Degree
5.55%
Bachelor’s Degree
22.72%
Graduate Degree
12.23%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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