Los Angeles, CA 90025 2026 Colby Avenue
$1,350,000
31 more
Presented By: Martin Ensbury with Lyon Stahl Investment Real Estate, Inc.; 310-880-0132
Home Details
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.
Presented By: Martin Ensbury with Lyon Stahl Investment Real Estate, Inc.; 310-880-0132
Interior Features for 2026 Colby Avenue
Bedrooms
Main Level Bedrooms2
Total Bedrooms2
Bathrooms
Main Level Bathrooms1
Total Baths1
Other Interior Features
LivingAreaSourceAssessor
Air Conditioning Y/NNo
Basement (Y/N)No
Common WallsOneCommonWall
Fireplace FeaturesNone
Fireplace Y/NNo
Heating Y/NNo
Laundry FeaturesElectricDryerHookup, GasDryerHookup
Total Stories1
Other Rooms
Entry Level1
General for 2026 Colby Avenue
Additional Parcels Y/NNo
Attached Garage No
Carport Y/NNo
CityLos Angeles
Community FeaturesCurbs, StormDrains, StreetLights, Sidewalks, Urban
CoolingNone
CountyLos Angeles
Days on Market119
DirectionsSouth of La Grange Ave., and North of Mississippi Ave
Electric On Property Y/NNo
Entry LocationFront
Full Baths1
Garage Spaces0.0
Garage Y/NNo
HOA0.0
High School DistrictLos Angeles Unified
Home Owner AssocNo
Home Warranty Y/NNo
Interior FeaturesAllBedroomsDown
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsOne
Living Area UnitsSquareFeet
Lot Size Square Feet5298.0
Lot Size UnitsSquareFeet
MLS AreaWLA - West Los Angeles
MobileHomeRemainsYNNo
New ConstructionNo
NumberOfUnitsTotal1
Occupancy TypeTenant
Pool FeaturesNone
Private PoolNo
Property Sub Type AdditionalSingleFamilyResidence
Property SubTypeSingleFamilyResidence
Property TypeResidential
Rent Control Y/NNo
Senior Community Y/NNo
SewerPublicSewer
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories1
Structure TypeHouse
Tax Lot11
TermsCash, CashToNewLoan, Exchange1031
ViewCityLights, Neighborhood
View Y/NYes
Waterfront Y/NNo
Year Built1924
Year Built SourceAssessor
ZoningLAR2
Exterior for 2026 Colby Avenue
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesZeroToOneUnitAcre, ValueInLand
Lot Size Acres0.1216
Lot Size Area5298.0
Lot Size SourceAssessor
Open Parking Y/NNo
SpaNo
Total Parking0.0
Water SourcePublic
Additional Details
Price History
Stephen Pliaconis
Pliaconis Realty Group REALTOR® DRE 02015480