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2007 Colby Ave Los Angeles, CA, 90025
$4,240,000 Land for sale 0.36 acres
DEVELOPERS DREAM- 2007 Colby Ave. is a corner lot and 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. 2007 Colby Ave. is a 15,699 sq. ft. parcel currently being used by F.K. Nursery, a family-owned and operated nursery business that has been a staple of the Sawtelle neighborhood since 1939. F.K. Nursery is truly a California landmark! The nursery will close in July of 2024. The other properties included in this portfolio are: 2026 Colby Ave., 2027 Colby Ave., 2031 Colby Ave., 2035 Colby Ave., 2045 Colby Ave., 2020 Federal Ave., 2020 Colby Ave., and 2024 Federal Ave. 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
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Property details
15,699 sqft interior area
View
City Lights
Land area
15,699 sqft (0.36 acres)
Price per sqft
$270/sqft
Days on Verhouse
15
Address
2007 Colby Ave, Los Angeles, CA, 90025
City of California
Los Angeles
County
Los Angeles
District
Listing
Zoning
LAR2
Open Houses
No upcoming open houses
Listed by
Martin Ensbury, Lyon Stahl Investment Real Estate, Inc.
Name
Martin Ensbury
License number
00815392
Brokerage company
Lyon Stahl Investment Real Estate, Inc.
MLS #
CRSB24074875
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Calculate your monthly payments
Mortgage
$13,018
Taxes
$0
HOA dues
$0
Mortgage
$848,000 / 20%
2.28%
30 years
Your amount
$13,018 / month
Lot details
TMK #4261037001
Lot Description
Level
Parcel #
4261037001
90025 info
Essentials nearby
Neighborhood stats
Walkability
Coffee shops
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no data
Bus stop
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no data
Supermarket
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no data
Costco
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no data
Hospital
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no data
Park
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no data
Beach
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no data
Elementary school
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no data
Middle school
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no data
High school
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no data
Local airport
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no data
People living in 90025
39%
Families with children
National average: 39%
57%
Non family households
457,575
Population
$148,934
Average Income
Age & gender
Median age 36 years
More info
Commute types
71% commute by car
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Education level
34% have bachelor education
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Number of employees
2% work in management
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Vehicles available
47% have 1 vehicle
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Vehicles by gender
47% have 1 vehicle
More info
Housing market insights for
$2.23m
Neighborhood average
sales price*
sales price*
$1.7m
Neighborhood median
sales price*
sales price*
821
Number
of sales*
of sales*
Housing type
35% are small apartments
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Rooms
38% of the houses have 4 or 5 rooms
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Bedrooms
54% have 2 or 3 bedrooms
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Owners vs Renters
62% are renters
More info
16.83 / 20
Most Walkable
►
15-20
Most Walkable
10-15
Above Average
5-10
Below Average
1-5
Least Walkable
Walkability according to the National Walkability Index
Utilities
Sewer Connected, Electricity Connected
Utilities
Sewer Connected, Electricity Connected
Location Details, Documents & Disclosures
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Directions to property
Colby Ave, South of La Grange A
Price history
New Listing Apr 16, 2024
| Date | Event | Price | $/sqft | Source |
|---|---|---|---|---|
| Apr 16, 2024 | New Listing | $4,240,000 | 270.08 | MLS #CRSB24074875 |
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Frequently Asked Questions about 2007 Colby Ave
What is 2007 Colby Ave?
2007 Colby Ave is a lot of 0.36 acres (about is 15,699 sqft).
What is the full address of this Land?
2007 Colby Ave, Los Angeles, CA, 90025.
Tell me about the point of interest nearby
The closest grocery stores are Ralphs, 0.27 miles away and Nijiya Market, 0.34 miles away.
Based on information from the bridgeMLS as of 04-30-2024. 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.
Listing last updated on: Apr 22, 2024
Verhouse Last checked 3 minutes ago
The closest grocery stores are Ralphs, 0.27 miles away and Nijiya Market, 0.34 miles away.
The 90025 zip area has a population of 457,575, and 39% of the families have children. The median age is 36.8 years and 71% commute by car. The most popular housing type is "small apartment" and 62% is renter.