$2,900,000
( $653.59Per Sq Foot )
 $15,568 est/mo Sourced by Back At You

3601 Overland Avenue , Los Angeles, CA 90034

Los Angeles, CA 90034

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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.

Details

MLS#23291576
Listing TypeFor Sale
Sub-TypeResale
StatusPending
Year1931
Days On Site480
Listing Provided ByMerrill Paul Leeds, Broker 760-415-5015 | Merrill Leeds

Features

SQ Feet4,437
Story(s)1
Building(s)1
ZoningLAC2
Acreage0.23

Market Activity 90034

MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the California Regional MLS.

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Listings Checked: 3 minutes ago
StateCA
CountyLos Angeles
CityLos Angeles
Zip Code90034
AreaC13 Palms Mar Vista
Listing VS Median (in 90034)
Price:
$2,900,000
low | high
Med:
$2,900,000
50% of Average
SqFt:
4,437
low | high
Med:
2,793
87.052062204192% of Average
$ / SqFt:
$654
low | high
Med:
$1,038
8.861439312567% of Average
On Site:
480
low | high
Med:
256.000000
100% of Average
Sourced by Back At You
Listing Updated: September 30, 2024 at 4:25:35 PM PDT