Los Angeles, CA 90034,3601 Overland AVE
Los Angeles, CA 90034,3601 Overland AVE
Los Angeles, CA 90034,3601 Overland AVE
14
$2,500,000
$2,900,000
13.8%
Est.Price: ?

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9,970 Sqft Lot

3601 Overland AVE Los Angeles, CA 90034

Est. payment /mo
SOLD DATE : 11/09/2023

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Key Details

Sold Price $2,500,000

Property Type Commercial

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 23290785

Sold Date 11/09/23

HOA Y/N No

Year Built 1931

Lot Size 9,970 Sqft

Lot Dimensions Assessor

Property Description

HUGE PRICE REDUCTION! HIGHLY MOTIVATED TRUST SELLERS! Presenting an outstanding investment opportunity in a prime Palms location on a signaled corner lot! Surrounded by explosive growth and coupled with flexible C2-1 zoning, the possibilities for this property range from continuing with it's historical use as retail, or as a variety of other commercial operations. As a redevelopment strategy, it's "Highest & Best" would be as a mixed-use project of up to 40 residential units with ground level retail, per Los Angeles TOC (Transit Oriented Communities) Tier 2 bonus guidelines. Operated by the same owner / User as a restaurant continuously for the last 50 years, the business is now closed and will be delivered vacant. This is a Trust Sale with no court confirmation required.

Location

State CA

County Los Angeles

Area C13 - Palms - Mar Vista

Zoning LAC2

Interior

Heating Forced Air, Natural Gas

Fireplace No

Exterior

Roof Type Flat

Total Parking Spaces 8

Building

Lot Description Corner Lot, Over 40 Units/Acre, Near Public Transit, Rectangular Lot, Value In Land

Story 1

Water Public

Others

Tax ID 4252033027

Security Features Fire Sprinkler System,24 Hour Security

Acceptable Financing Conventional, Trust Conveyance

Listing Terms Conventional, Trust Conveyance

Financing Cash,Conventional

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Merrill Leeds • Merrill Paul Leeds, Broker
Bought with Simon A. Lazar • Simon A. Lazar

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agent

Darren Wade

Broker Associate | License ID: 01910957

+1(559) 312-7467

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