3601 Overland Avenue, Los Angeles, CA 90034 - Berkshire Hathaway HomeServices California Properties

3601 Overland Avenue, Los Angeles, CA 90034

$2,900,000 Approx. USD 0 beds, 0 baths

Listing Agent


Merrill Leeds | mpleeds@cox.net
Lic#: 01309039
Broker: Courtesy of Merrill Paul Leeds, Broker

Agent Remarks

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.

Listing Details

Trust & Probate
Property type: (Commercial)
Status: Pending
MLS# 23291576
List price is $2,900,000 Reduced by $1,100,000 on 10/11/2023
Price: $2,900,000
HOA Fee is $0.00
Built in 1931
0.23 acres
Lot size: 0.2289
County: Los Angeles
Zoning: LAC2
Construction: Stucco
Lot description: Corner Lot,Over 40 Units/Acre,Near Public Transit,Rectangular Lot,Value In Land
Heating description: Forced Air,Natural Gas
MLS area: C13 - Palms - Mar Vista

Last Updated: 10/1/2024

 Days On Market (DOM): 23

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This listing belongs to the C13 - Palms - Mar Vista MLS area

Lat/Long: 34.022343, -118.410054.
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DISCLAIMER: There is NO WARRANTY, expressed or implied, for the accuracy of this information or its applicability to your financial situation. Please consult your financial and/or tax advisor. GET PRE-APPROVED The loan's interest rate will depend upon the specific characteristics of the loan transaction and credit profile up to the time of closing.

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