3601 Overland Avenue, Los Angeles, CA 90034

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Commercial3601 Overland Avenue, Los Angeles, CA 90034
    $2,900,000

    Basics Details

    • Date added: Added 8 months ago
    • Type:
    • Building Area: 4,437 sq ft
    • Lot size, sq ft: 9,970 sq ft
    • Zoning:
    • # Of Units:

    Description

    • 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.

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    858-538-7774

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