About 3601 Overland Avenue
HUGE PRICE REDUCTION! HIGHLY MOTIVATED SELLERS! Land development opportunity / existing building on a signaled corner location surrounded by explosive growth in the Palms neighborhood of West Los Angeles. Owner / User has operated site as a restaurant continuously for the last 50 years, and is now closed. The potential for this property as based on its flexible C2-1 zoning ranges from continuing with it's most current use, or as a variety of other commercial operations. It's Highest & Best Use would be as a mixed-use development of up to 40 residential units coupled with ground level retail, per Los Angeles TOC (Transit Oriented Communities) Tier 2 bonus guidelines. This is a Trust Sale with no court confirmation required.
Features of 3601 Overland Avenue
| MLS® # | 23291576 |
|---|---|
| Price | $2,900,000 |
| Bathrooms | 0.00 |
| Lot Size | 9,970 |
| Year Built | 1931 |
| Type | Commercial Sale |
| Status | Pending |
Community Information
| Address | 3601 Overland Avenue |
|---|---|
| Area | C13 - Palms - Mar Vista |
| City | Los Angeles |
| County | Los Angeles |
| Zip Code | 90034 |
Amenities
| Parking Spaces | 8 |
|---|---|
| Is Waterfront | No |
| Has Pool | No |
Interior
| Heating | Forced Air, Natural Gas |
|---|---|
| Has Basement | No |
| Fireplace | No |
| # of Stories | 1 |
Exterior
| Exterior | Stucco |
|---|---|
| Lot Description | Corner Lot, Near Public Transit, Rectangular Lot, Value In Land, Over 40 Units/Acre |
| Roof | Flat |
| Construction | Stucco |
Additional Information
| Date Listed | July 18th, 2023 |
|---|---|
| Days on Market | 23 |
| Zoning | LAC2 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Agent | Merrill Leeds |
|---|---|
| Office | Merrill Paul Leeds, Broker |