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$2,900,000

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Pending

3601 Overland Ave Los Angeles, CA 90034

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Richard Combs

[email protected] +1(619) 838-9307

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Key Details

Property Type Vacant Land

Sub Type Com-Lnd/Rn/Grv

Listing Status Pending

Purchase Type For Sale

MLS Listing ID 23-291576

Lot Dimensions 145x95

Property Sub-Type Com-Lnd/Rn/Grv

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

Zoning LAC2

Direction 2 blocks north of Venice Blvd at the NW corner of Overland Ave at Charnock Rd.

Interior

Fireplace No

Exterior

Utilities Available Electric

View Y/N No

Present Use Multi-Dwelling,Other/Remarks

Building

Story 1

Level or Stories 1

Others

Tax ID 4252-033-027

Listed by Datashare CLAW Default Office Don't Delete

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Richard Combs

Broker | License ID: 01526804

+1(619) 838-9307

3601 Overland Ave Los Angeles, CA 90034

Richard Combs

Key Details

Location

Interior

Exterior

Building

Others

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3601 Overland Ave