1833 Overland ave - Commercial LAND FOR SALE


Los Angeles, CA 90025- West Los Angeles6,534 SF
$2,100,000 USD
310-270-8423
1833 Overland ave, Los Angeles, CA for Sale
$2,100,000 USD
Commercial LAND - FOR SALE
1/13
6,534 SF

1833 Overland ave
Los Angeles, CA 90025
West Los Angeles


HIGHLIGHTS

  • AAA+ Ultra Prime West Los Angeles Location, Sandwhiched between Westwood & Century City
  • Rare Corner Lot - Senate Bill 8 Exempt (No Replacement Units Required) Rare only 1 of 23 Such Lots in West LA
  • Eligible for CHIP City Wide Housing Incentive Program (TOIA) T-2 - 100% Bonus Density, 22 FT Height & 50% Increase in FAR
  • Property will be delivered Fully Vacant and Demolished at the COE
  • First time the property has ever been on the market!
  • Developer can build 18 Units or 9 Units By Right & NO REPLACEMENT UNITS

OVERVIEW

The offering is a rare, fully vacant development opportunity in Prime West Los Angeles, strategically located between Westwood and Century City — one of the most supply-constrained and high-demand rental corridors on the Westside. First time the property has ever been on the market! The property will be delivered fully vacant and demolished at Close of Escrow, allowing a developer to immediately execute on a high-density project with no tenant relocation risk. Positioned on a rare corner lot, the property is Senate Bill 8 exempt, making it one of only 23 such sites in West Los Angeles where no replacement units are required — a significant advantage that reduces cost, complexity, and timeline. The site is also eligible for the CHIP (Citywide Housing Incentive Program) under TOIA Tier 2, allowing for up to 100% density bonus, 22 feet of additional height, and a 50% increase in FAR. A developer can build up to 18 units utilizing incentives, or 9 units by-right, offering flexibility to pursue either a high-density multifamily project or a boutique luxury development. With its AAA+ location, rare zoning advantages, and clean delivery at close, 1833 Overland Ave represents a premier Westside development opportunity with exceptional long-term upside. ***All development potential, zoning, and incentive programs referenced herein are subject to Buyer verification with the Los Angeles Department of Building and Safety.

FOR SALE DETAILS

PRICE

$2,100,000 USD

PRICE/ACRE

$14,000,000/AC

PRICE/SF

$321 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

-

LAND ACRES

0.15 AC

LAND SF

6,534 SF

OFFSITE IMPROVEMENTS

-

ZONING

LA-R3

APN/PARCEL ID

4321-004-011

ASK ABOUT THIS PROPERTY

Michael MonempourLyon Stahl Investment Real EstateMore Info
310-270-8423

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Michael MonempourLyon Stahl Investment Real EstateMore Info
310-270-8423

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.