3601 Overland Avenue Los Angeles, CA ^$ 2,900,000

3601 Overland Avenue

^$ 2,900,000

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3601 Overland Avenue

Los Angeles, CA, 90034

^$ 2,900,000

Studio Baths0.0

Monthly Estimate*

^$ 20,257

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3601 Overland Avenue, Los Angeles, CA 90034 - Image 4

3601 Overland Avenue, Los Angeles, CA 90034 - Image 5

3601 Overland Avenue, Los Angeles, CA 90034 - Image 6

3601 Overland Avenue, Los Angeles, CA 90034 - Image 7

3601 Overland Avenue, Los Angeles, CA 90034 - Image 8

3601 Overland Avenue, Los Angeles, CA 90034 - Image 9

3601 Overland Avenue, Los Angeles, CA 90034 - Image 10

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Studio

Commercial Property for sale in Los Angeles, CA

for $2,900,000. This building was built in 1931 on a lot size of 0.31623.

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.

Commercial Pending

Price

^$ 2,900,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 0

Style

Lot Size

0.31623

Year Built

1931

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

0023291576

Features

General

Heating Forced Air

Roof Flat

Zoning LAC2

Construction Materials Stucco

Year Built 1931

Electric Standard

Business Type Retail

County Los Angeles

Property Type F

Status Pending

City Los Angeles

MLS Area C13 - Palms - Mar Vista

Lot Size Square Feet 0.0

Street Name Overland

Standard Status Pending

Exterior

Lot Features Value In Land Over 40 Units/Acre Corner Lot Rectangular Lot Near Public Transit

Water Source Public

Lot Size Area 9970.0

Lot Dimensions 145x95

Lot Size Acres 0.0

Lot Size Source Assessor

Land Lease Type Fee

Interior

Total Stories 1

Air Conditioning Y/N Yes

Heating Y/N Yes

Street Suffix Avenue

Entry Level 1

Total Baths 0

* Excluded Features

List By

Merrill Leeds

Listing Agent

Merrill Paul Leeds, Broker

Broker

Affordability Calculator

$20,257

Per Month

Monthly Principal & Interest: $20,257
Monthly Property Taxes: --
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Los Angeles, CA

Average List Price ^$2,169,774

Percent of Sale Price 25%

About Los Angeles, CA

3,920,026 Population

6% Since 2002

^$55,057 Median Income

36.82 Median Age

27% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

793437 Elementary School

793428 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
10/13/2023	$2,900,000	-27.50%	Price Down
7/19/2023	$4,000,000		Listed Price

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3601 Overland Avenue, Los Angeles, CA, 90034 is a Commercial Property for sale at $2,900,000 with a lot size of 0.31623. 3601 Overland Avenue is a studio with 0.0 baths and was built in 1931. The property's zip code is 90034 which is in Los Angeles, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Desert Association of Realtors.

Based on information from the California Desert Association of REALTORS® as of 2/20/2024. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the California Desert Association of Realtors. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors include the name of the listing brokers.

The information being provided is for consumers' personal, non-commercial use and may not be reproduced or redistributed. Its sole purpose is to be used to identify prospective properties consumers may be interested in purchasing.

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3601 Overland Avenue

Commercial Property for sale in Los Angeles, CA

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