2045 Colby Ave, Los Angeles, CA 90025
FOR SALE
Listed by Martin Ensbury, Lyon Stahl Investment Real Estate, Inc., (310) 425-9838

2045 Colby Ave
Los Angeles, CA 90025

Sawtelle
  • 2 Beds
  • 1 Bath
  • 908 sqft
  • 2 Beds
  • 1 Bath
  • 908 sqft

$2,475,000

Est. Mortgage $15,733/mo*
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Local Information

map showing home location
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-- mins to
Commute Destination

Description

DEVELOPERS DREAM- 2045 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. 2045 Colby Ave. is a 9,159 sq. ft. parcel currently being used as a single-family residence. The other properties included in this portfolio are: 2007 Colby Ave., 2026 Colby Ave., 2027 Colby Ave., 2031 Colby Ave., 2035 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 between Federal Ave. and Colby Ave, South of La Grange Ave., and North of Mississippi Ave. The property benefits from its unique location in the center of the Sawtelle district, 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.

Home Highlights

Parking
2 Car Garage
Outdoor
No Info
A/C
Contact Manager
HOA
None
Price/Sqft
$2,726
Listed
14 days ago

Home Details for 2045 Colby Ave

Interior Features

Beds & Baths
Number of Bedrooms: 2Main Level Bedrooms: 2Number of Bathrooms: 1Number of Bathrooms (full): 1Number of Bathrooms (main level): 1
Dimensions and Layout
Living Area: 908 Square Feet
Appliances & Utilities
Laundry: Gas & Electric Dryer Hookup
Heating & Cooling
No CoolingAir Conditioning: None
Fireplace & Spa
Fireplace: NoneNo Fireplace
Windows, Doors, Floors & Walls
Common Walls: 1 Common Wall
Levels, Entrance, & Accessibility
Stories: 1Number of Stories: 1Levels: OneEntry Location: Front
View
Has a ViewView: City Lights, Neighborhood

Exterior Features

Exterior Home Features
No Private Pool
Parking & Garage
Number of Garage Spaces: 2Number of Covered Spaces: 2Has a GarageHas an Attached GarageParking Spaces: 2Parking: Garage Attached
Pool
Pool: None
Frontage
Not on Waterfront
Water & Sewer
Sewer: Public Sewer
Surface & Elevation
Elevation Units: Feet

Days on Market

Days on Market: 14

Property Information

Year Built
Year Built: 1923
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family Residence
Building
Not a New ConstructionAttached To Another StructureNo Additional Parcels
Property Information
Parcel Number: 4261037008

Price & Status

Price
List Price: $2,475,000Price Per Sqft: $2,726

Active Status

MLS Status: Active

Location

Direction & Address
City: Los Angeles
School Information
High School District: Los Angeles Unified

Agent Information

Listing Agent
Listing ID: SB24075446

Community

Community Features: Curbs, Sidewalks, Storm Drains, Street Lights, UrbanNot Senior Community

HOA

Association for this Listing: California Regional MLSNo HOAHOA Fee: No HOA Fee

Lot Information

Lot Area: 9159 sqft

Listing Info

Special Conditions: Standard

Compensation

Buyer Agency Commission: 2Buyer Agency Commission Type: %
Notes
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed

Miscellaneous

Mls Number: SB24075446Attribution Contact: 310-880-0132

Additional Information

CurbsSidewalksStorm DrainsStreet LightsUrban
Last check for updates: about 19 hours ago
Listing Provided by: Martin Ensbury DRE #00815392, (310) 880-0132
Lyon Stahl Investment Real Estate, Inc.
Michael Millea DRE #01069014, (310) 233-2800
Lyon Stahl Investment Real Estate, Inc.
Originating MLS: California Regional MLS
Source: CRMLS, MLS#SB24075446

Price History for 2045 Colby Ave

DatePriceEventSource
04/16/2024$2,475,000Listed For SaleCRMLS #SB24075446
12/21/2007$950,000Sold
N/A

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Property Taxes and Assessment

Year2023
Tax$14,627
Assessment$1,199,372
Home facts updated by county records

Comparable Sales for 2045 Colby Ave

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
1924 Federal Ave, Los Angeles, CA
0.17
Single-Family Home
$1,200,000
08/18/23
2
1
884
11424 Missouri Ave, Los Angeles, CA
0.23
Single-Family Home
$1,035,000
06/21/23
2
1
880
11424 Mississippi Ave, Los Angeles, CA
0.11
Single-Family Home
$1,250,000
05/31/23
2
1
725
11418 Missouri Ave, Los Angeles, CA
0.23
Single-Family Home
$1,195,000
06/21/23
2
1
1,012
11708 Tennessee Ave, Los Angeles, CA
0.39
Single-Family Home
$970,000
09/01/23
2
1
1,064
11584 Missouri Ave, Los Angeles, CA
0.20
Single-Family Home
$1,355,000
10/23/23
3
2
1,264
1926 Granville Ave, Los Angeles, CA
0.34
Single-Family Home
$1,814,000
04/03/24
2
2
1,584
2649 Barry Ave, Los Angeles, CA
0.82
Single-Family Home
$1,200,000
04/01/24
2
1
1,033

Neighborhood Overview

Sawtelle
See Local Highlights
Neighborhood stats provided by third party data sources.

What Locals Say about Sawtelle

  • Pxleclipse
    "There are cool art-related events at Giant Robot. B Sweet has a live band on certain nights of the week."
    1
    Flag
  • Maurice Williams
    "Commute is fair depend on when you’re driving. Rush hours can be a little chaotic but nothing different than anything else in LA. Other than that, Sawtelle’s central location makes a commute to anywhere tolerable. "
    0
    Flag
  • Mizz_tt_909
    "Very nice neighborhood to walk pets. Not a lot of speeding cars or dangerous things going on. Stoner park is an u official dog park with lots of evening activities and people visiting with their dogs."
    0
    Flag
  • Erin Mcginley
    "Walkable coffee and a nice neighborhood for a morning walk. Close to freeways and good restaurants. Centrally located for an easy commute wherever you’re going. "
    3
    Flag
  • Trulia User
    "Sawtelle is a cute, quiet (outside of the main streets) safe and friendly neighborhood. Stoner park, amazing Japanese food , close to Santa Monica and reasonably priced"
    0
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  • Trulia User
    "Lots of nice walks through white streets and stoner park is lovely. There are lots of dogs in the neighborhood so plenty of butts to sniff. "
    0
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  • Trulia User
    "They are tons of dog owners in the neighborhood and most of the apartments rent to those who have them."
    1
    Flag
  • Trulia User
    "It’s a nice a really down to earth spot to live at. Friendly neighborhood and close enough to the beach there is no traffic"
    1
    Flag
  • Trulia User
    "Great walkability, farmer’s market and some outdoor arts and crafts fairs. Everyone is friendly and willing to help if you have questions."
    0
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  • Trulia User
    "I live near this neighborhood theres friendly people quiet streets good restaurants clean streets beautiful scenery "
    1
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  • Trulia User
    "I love the boxing gym and farmers market. I live closer to Sawtelle which has GREAF food. Not a very popular going out area which I like, very quiet and neighborly "
    2
    Flag
  • Trulia User
    "I lived here all my life and I love it. People here look out for one another. I can honestly say that I wouldn’t go anywhere else. "
    4
    Flag
  • Trulia User
    "this is a wonderful neighborhood close to transfer station and other venues that are necessary for a neighborhood to maintain a cohesive unity."
    1
    Flag
  • Trulia User
    "I’ve been living here for 5 years and it is a nice neighborhood, safe, clean, everything close by! I love living in here"
    0
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  • Trulia User
    "Do not move here if you have young children!!! There is a ton of holes people and the streets are dirty, I almost stepped in human feces when getting groceries from the back of my car!"
    0
    Flag
  • Trulia User
    "This neighborhood has great parks and shops around. All shops are walking distance and it feels safe around here. "
    0
    Flag
  • Trulia User
    "Good for biking. Also has community swimming pool that can be use as well as a few parks in the area "
    0
    Flag
  • Bailey S.
    "I just moved to this neighborhood a couple of months ago and am loving it! The area is very walkable, close to a lot of cute cafes and restaurants. Near multiple different grocery stores. And only a couple miles up from the beach!"
    11
    Flag
  • Mary W.
    "You see people walking their dogs all the time, cute neighborhood when it's not traffic hour. There are grassy areas everywhere for your 4 legged friend."
    2
    Flag
  • Nagel F.
    "Really love the area. Close to everything. A lot of homeless for my comfort but you kinda have to deal with it. "
    1
    Flag
  • Raeextra
    "Yes they would like it. Lots of dog walkers and they are all friends and meet up at the local park for dog playtime"
    2
    Flag
  • Larafelixson
    "Good restaurants hut bad parking. Lots of dogs and some good parks here as well. Packages get stolen a lot so that kinda sucks but get to know your mail man and he will put them in the right spot so they don’t get stolen :)"
    1
    Flag
  • 9clacour4
    "Freeway, public transit, bike, and walk friendly. Often have a reverse commute. Rush hour in the evenings can be pretty horrible if you’re trying to drive"
    2
    Flag
  • Brittany V.
    "Super great place to live! Safe and close to SM! Lots of restaurants! Stoner park is lovely and lots of dogs"
    7
    Flag
  • Erica L. S.
    "Close access to multiple bus routes and the LA Metro; adjacent to highways; plentiful ride sharing options "
    1
    Flag
  • Don T.
    "Great food. Ample nightlife. Really a great place to live. A little lively on the weekends, but that’s a charming factor. "
    0
    Flag
  • Taylor
    "Safe neighborhood with great food and parks nearby. Also close to the 405 so you can get anywhere quickly!"
    5
    Flag
  • Philip B.
    "Farmers markets, good walkable places and fun restaurants to try out from different cultures. Friendly atmosphere. "
    1
    Flag
  • Marissacirami
    "Breed restrictions suck and need to be changed. It’s too difficult to find housing with dogs. And it’s discriminatory."
    4
    Flag
  • Marissacirami
    "I commute via car, round trip it’s 20 minutes. Sawtelle is super centrally located for me. It’s great!"
    0
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  • John M.
    "Love this neighborhood... calm, quiet, friendly. Lots of space and nature feelings. Would reccoment to anyone."
    1
    Flag
  • Yves R.
    "Unlike nearby areas, Sawtelle, especially South of Santa Monica, is less densely built and populated, and has a nice neighborly feel. I know many neighbors by walking my dogs here... the only thing I wish is that the area was closed to through traffic, because the 405 freeway underpasses at Santa Monica and Olympic create a giant funnel where everyone drives like mad trying to shortcut through our neighborhood. The new Expo line has done nothing to cut that traffic. "
    0
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  • Ashersackman
    "There is the Bonsai festival and the Oaxaca festival, but there are always events going on on Sawtelle with all the stores and restaurants"
    0
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  • Sambulo K.
    "That it is a great neighborhood. The schools are great It is near UCLA and Santa Monica college It is near the 405 freeway and the 10 freeway The rent is high but worth it There are shops and the VA hospital. There might be the homeless loitering around in the neighborhood and that is why the rent is high Cops are visible It is not far from the beach."
    0
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  • Patziandkahliljoseph
    "It’s walkable with nearby restaurants, shops, movie theaters and a farmers market, library, community garden. "
    0
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  • Quentin H.
    "The immediate neighborhood is anchored around Stoner Park which has a skate park, dog run area, municipal pool and tennis courts. The area has a mixture of single family homes and apartment buildings. "
    0
    Flag
  • Shiv G.
    "Close to little japan town and metro stop. Short drive to all attractions- Santa Monica, Beverly Hills, Venice, Culver City, Westwood. Quick and easy freeway access. "
    6
    Flag
  • Ashersackman
    "Oban festival, Oaxaca festival, outdoor movies at stoner park, gallery openings at Giant/Kid Robot, Rocky Horror Picture Show at the Nuart Theater"
    0
    Flag
  • Pattieschleicher
    "Stoner park hosts community events regularly. There’s also a community pool there. Few churches of various denominations host community events as well. "
    0
    Flag

LGBTQ Local Legal Protections

Martin Ensbury, Lyon Stahl Investment Real Estate, Inc.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. as of 2024-01-24 10:53:37 PST and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
2045 Colby Ave, Los Angeles, CA 90025 is a 2 bedroom, 1 bathroom, 908 sqft single-family home built in 1923. 2045 Colby Ave is located in Sawtelle, Los Angeles. This property is currently available for sale and was listed by CRMLS on Apr 16, 2024. The MLS # for this home is MLS# SB24075446.