CA > Los Angeles
Los Angeles, CA 90034,3601 Overland AVE
Los Angeles, CA 90034,3601 Overland AVE
Los Angeles, CA 90034,3601 Overland AVE
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John Herkenrath

John Herkenrath

+1(310) 221-2910
$2,900,000
Est. payment /mo
9,970 Sqft Lot
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UPDATED:

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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CRMLS – RECore
Listed by Merrill Leeds Merrill Paul Leeds, Broker
John Herkenrath

"John takes great pride in helping his clients through every step of the buying and selling process. Leveraging two decades of experience in pre-construction, new home sales and market sales exclusive representation. his vast knowledge in brokering home sales within luxury communities and new developments has proven invaluable to his clients."

+1(310) 221-2910

johnherkenrath@epiquerealty.com

8383 Wilshire Blvd #800 Beverly Hills CA 90211

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