Listing provided courtesy of Benjamin J. Hsiang of Realty Investment Advisors, Inc.. Last updated 2023-12-01 09:11:25.000000. Listing information © 2023 CRMLS.
Asking Price: $6,000,000
1901 Overland, Los Angeles CA 90025
Community: C05 - Westwood - Century City
This property was built in 1971 and is priced at $6,000,000. Please see the additional details below.
- 0 Sq Ft
- 0 bathrooms
- 0 bedrooms
- MLS#: 372113257
- Year Built: 1971
CALL FOR OFFERS by 12/5/23 at 5:00PM Property tours of select units of each building will be held prior to the offer deadline. Please call or email for details. Best and final offers will be due on Tuesday December 5th,2023 at 5:00 PM. We are proud to present 1901 Overland Ave, an 11 unit multifamily asset located in West Los Angeles, which is part of a completely renovated, turnkey, 3-building portfolio sale that also includes the adjacent property at 10750 Missouri Ave (8 units) and 11665 Mayfield (9 units) in Prime Brentwood. The total asking price is $17,200,000 for all three properties which must be sold together.1901 Overland offers a comprehensive unit mix that includes three 2-bed, 2-bath; one 2-bed, 1-bath; four 1-bed, 1-bath, 2-bed, 3-bath and two 3-bedroom, 3-bathroom ADUs, which will be delivered with Certificates of Occupancy prior to closing. The property was completely renovated down to the studs in 2011 with no expense spared. Updates were made to the plumbing, electrical, mechanical systems, interior finishes, building exterior, and landscaping. (Buyers are advised to verify permit records). Another round of modern upgrades was completed in 2023. These include luxurious interior touches such as recessed lighting, underlit and backlit kitchen features, custom cabinetry, and state-of-the-art keyless entry systems. Tenant convenience is a focal point, underlined by the presence of ample parking spaces and in-unit washer/dryers. Each kitchen is fitted with top-of-the-line stainless steel appliances, quartz countertops, and stylish backsplashes. The units are crafted as private sanctuaries, offering an appealing blend of luxury and practicality, set within a vibrant urban backdrop known for its high-end retail, and varied dining options. In summary, 1901 Overland Ave is more than a stand-alone investment. It's a vital part of a broader, carefully curated portfolio that includes high-value properties in esteemed Los Angeles neighborhoods. With its diversified units, luxury renovations, abundant parking, and prime locations, this offering is poised for immediate yield and long-term capital appreciation.