2026 Colby Ave

Los Angeles, CA 90025 View Map $1,350,000 Schedule a Tour
Beds2
Baths1
Sq.Ft.756
Year1924
J.D. Songstad

J.D. Songstad

(310) 571-3441

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Status: Active
Property Type:Single Family Residence
MLS #:SB24074941
Sq. Feet:756
On Site:97 Days
Lot Size:5,298 Sq. Ft.
County:Los Angeles
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 building(s).
The subject property is located on 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 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 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.

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Community Information

Address:2026 Colby Ave, Los Angeles, CA 90025
County:Los Angeles
City:Los Angeles
School System:Los Angeles Unified
Zip Code:90025

Architecture

Bedrooms: 2
Bathrooms: 1
Year Built:1924
Stories:1
Style:House
Total Units: 1
Stories Total: 1

Features / Amenities

Interior Features: AllBedroomsDown
Laundry: Electric Dryer Hookup, Gas Dryer Hookup
Room Type: Bedroom
Entry Level: 1
Entry Location: Front
Common Walls: 1 Common Wall

Rooms

Features
BedroomAllBedroomsDown

Property Features

Lot Size: 0.12 Acres / 5,298 Sq. Ft.
Lot Features: Item01UnitAcre, ValueInLand
View: City Lights, Neighborhood
Sewer: Public Sewer
Water: Public
Zoning:LAR2
Directions:South of La Grange Ave., and North of Mississippi Ave

Tax and Financial Info

Terms: Cash, CashtoNewLoan, Item1031Exchange
Land Lease: No
Buyer Agency Compensation: 2.000%

Listing Agent/Office

Agent:Martin Ensbury
Office:Lyon Stahl Investment Real Estate, Inc.
Broker Phone:310-880-0132

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2026 Colby Ave Los Angeles,  CA 90025
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2026 Colby Ave Los Angeles, CA 90025
 
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Based on information from California Regional Multiple Listing Service, Inc. as of July 21, 2024. This information 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. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. IDX provided by Sierra Interactive.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.