
West Los Angeles, California 90025
This High-Potential Investment Opportunity is listed at $1,749,000, positioned above the $1,654,823 Fair Market Value. While priced at a premium, the property features a Condition Rating of 2, showcasing high-end Japandi-style renovations, European Baltic Birch cabinetry, and Ipe decking. Located in a Transit-Oriented Community (TOC), the 6,693 sqft lot offers significant development upside for multi-story housing or ADU expansion. This is a strategic acquisition for Real Estate Developers or Buy-and-Hold Investors targeting long-term density growth in West Los Angeles.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2117 Colby Avenue Subject | $1,749,000* List Price | 2 | 1 | 1,028 | $1,610 | - |
A 1745 Wellesley Avenue Active | $1,698,000 List Price | 3 | 2 | 1,222 | $1,390 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While originally built in 1924, the property has undergone a high-end modern renovation featuring a 'Japandi' style. The kitchen is updated with granite countertops and European Baltic Birch cabinetry, complemented by Asian Cherry hardwood floors, Fleetwood windows, and vaulted cedar ceilings. The condition appears mint and move-in ready with high-quality finishes.
Situated on a 6,693 sqft lot within Transit-Oriented Community (TOC) and CHIP incentive zones, the property offers exceptional upside for multi-story development, increased density, or ADU expansion.
Boasting a high walkability score, the home is a five-minute walk to JapanTown and Sawtelle’s restaurant row, providing elite access to West Los Angeles dining, UCLA, and major coastal hubs.
The residence features premium 'Japandi' styling with 14-foot vaulted cedar ceilings, Fleetwood windows, and Ipe decking, creating a sophisticated indoor-outdoor living experience.
At just 1,028 square feet with only one bathroom, the current living space is relatively small for the price point and may require further expansion to suit modern family needs.
The listing price reflects the land's development value rather than the existing structure, resulting in a high cost-basis that may challenge traditional residential buyers not looking to redevelop.
A charming two bedroom open concept house in West Los Angeles Sawtelle. Enjoy the privacy and exclusiveness, where indoor meets outdoor living space. Stress free living, a perfect blend of contemporary luxury, Japandi style and coastal access. Five minute walk to JapanTown and the Sawtelle restaurant row for a stress free evening out. The cozy two bedroom house maximizes function with natural daytime light, French doors, hardscaping and landscaping. Harmonizing architecture and daytime serenity with outdoor spaces: Ipe decks, courtyard, DG patio and mature avocado orange trees. An open palette for gatherings, evening barbecues and investment opportunity. A large backyard for entertaining, gardening, kid playground, private dog park or nature retreat for year-round outdoor enjoyment. The modern kitchen boasts natural light while French doors let in a cool microclimate and a sea breeze. The updated kitchen features: sleek granite countertops and European Baltic Birch cabinetry. An efficiently designed workflow, beckons culinary adventures you will enjoy to the fullest. Natural light and privacy abounds. A vaulted 14 foot Cedar wood ceiling, Fleetwood windows and Asian Cherry hardwood floors. Easy and quick access to the SF Valley, Downtown, LAX, UCLA, Beverly Hills, Venice, Santa Monica, PCH Highway, local beaches, public transportation and rail lines. An opportunity for commercial development, land-banking, downsizing, replacement property, secondary WFH-office, vacation property, Airbnb rental with an additional ADU or multi-family units. This lot is located on the Transit Oriented Incentive area, centrally located in West Los Angeles, Sawtelle area. A Large undeveloped real estate investment property on the Westside. Per city of Los Angeles within TOC (Transit-Oriented Community), Citywide Housing Incentive Program (CHIP) and the 55 public transportation hubs, “opportunity stations.” Under the pretext of the CHIP TIC (Transition Incentive Corridor) this covenant allows for an early potential multi-story development prior to SB79 passed under Governor Newsom. The preliminary rezoning options are imminent and under administrative, city council and planning department review, which allows for increased density, low-rise and mid-rise housing development, with bonus incentives past the veil of current F.A.R ( Flooring Area Ratio). Tentative SB-8 complaint property with unofficial approval of necessary documents.
No exterior & parking available.
Grades K-5 • 0.5 mi
Grades K-6 • 0.7 mi
Grades K-5 • 1.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 12% |
| Baths | 1.0 | 3.0 | 8% |
| Square foot | 1,028 | 1,954 | 12% |
| Lot Size | 6,693 | 6,163.5 | 65% |
| Price | $1.75M | $2.22M | 19% |
| Price per sq ft | $1.7K | $1.1K | 96% |
| Built year | 1924 | 1938 | 12% |
| HOA | $0 | $0 | 50% |
| Days on market | 0 | 129 | 4% |
Jun 2, 2026
$1,749,000
Initial Listing
Jun 1, 2026
$1,789,000
Initial Listing
Apr 15, 1998
$230,500
Public Record