Los Angeles, CA 90034,3601 Overland Avenue
Los Angeles, CA 90034,3601 Overland Avenue
Los Angeles, CA 90034,3601 Overland Avenue
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Parisa Samimi

Parisa Samimi

Real Broker

+1(510) 410-4050
$2,900,000
Est. payment /mo
4,437 SqFt
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UPDATED:

12/07/2023 03:44 AM

Key Details

Property Type Commercial

Sub Type Comm Ind For Sale

Listing Status Pending

Purchase Type For Sale

Square Footage 4,437 sqft

Price per Sqft $653

MLS Listing ID CL23291576

HOA Y/N No

Year Built 1931

Lot Size 9,970 Sqft

Acres 0.23

Property Sub-Type Comm Ind For Sale

Property Description

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.

Location

State CA

County Los Angeles

Area Listing

Zoning LAC2

Interior

Heating Forced Air, Natural Gas

Fireplace No

Exterior

Total Parking Spaces 8

Building

New Construction No

Others

Tax ID 4252033027


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Bridge MLS
Listed by Merrill Leeds • Merrill Paul Leeds, Broker

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agent

Parisa Samimi

+1(510) 410-4050

Founder & Real Estate Broker | License ID: 01858122

Founder & Real Estate Broker License ID: 01858122

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3601 Overland Avenue