3601 Overland AVE, Los Angeles, CA 90034
3601 Overland AVE, Los Angeles, CA 90034
3601 Overland AVE, Los Angeles, CA 90034
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Chris & Michelle Mardelli

Chris & Michelle Mardelli

+1(626) 215-4105
$2,900,000
Est. payment /mo
9,970 Sqft Lot
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Key Details

Property Type Commercial

Listing Status Pending

Purchase Type For Sale

MLS Listing ID 23291576

HOA Y/N No

Year Built 1931

Lot Size 9,970 Sqft

Lot Dimensions Assessor

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 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

Acceptable Financing Conventional, Trust Conveyance

Listing Terms Conventional, Trust Conveyance

Financing Cash,Conventional

Special Listing Condition Standard

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Listed by Merrill Leeds Merrill Paul Leeds, Broker #01309039
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Chris & Michelle Mardelli

Broker Associate License ID: 01834969

+1(626) 215-4105 | chris@therealupside.com

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3601 Overland AVE

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