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$5,800,000
 $31,136 est/mo Sourced by Back At You

3340 Overland Avenue,Los Angeles, CA 90034

Los Angeles, CA 90034

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Description

We are pleased to present a twenty-three (23) unit apartment building located at 3340 Overland Ave in Los Angeles, California. The subject property is located in a prime Palms location, right along Overland Ave and north of Palms Blvd. Located in the heart of Palms, this 23-unit multifamily property offers a compelling combination of existing income, rental upside, and future development potential. The unit mix comprises two (2) studios, twenty (20) one-bedroom units, and one (1) two-bedroom unit, with approximately 40% potential rental upside. Situated on a large 18,199-square-foot double lot, the property may offer opportunities for ADUs, including conversion of tuck-under parking, or ground-up development on the adjacent lot, subject to approvals. Improvements include a completed soft-story retrofit and a 2004 copper re-pipe. Residents benefit from on-site laundry, a rear pool, and parking. The location provides convenient access to the Palms Metro E Line, the 10 and 405 freeways, Culver City, and nearby retail and dining. With approximately 40% potential rental upside, an 18,199-square foot double lot, and possible ADU or development opportunities, the property offers multiple paths to add value in a prime Palms location. ***PLEASE NOTE: Property is part of a 9-building portfolio. Building may be sold individually or as a portfolio.

Details

MLS #26999191
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1959
Days On Site11
Listing Provided ByMarcus & Millichap | Jason Tuvia

Features

SQ Feet13,324
Story(s)2
Units23
Building(s)1
ZoningLAC2
Acreage0.28

Area Information

StateCA
CountyLos Angeles
CityLos Angeles
Zip Code90034
AreaC13 Palms Mar Vista
Listing VS Median (in 90034)
Price:
$5,800,000
low | high
Med:
$549,444
100% of Average
sqft:
13,324
low | high
Med:
911
100% of Average
$ / sqft:
$435
low | high
Med:
$614
8.983094790472% of Average
On site:
11
low | high
Med:
16.5
66.666666666667% of Average
Sourced by Back At You

Market Activity 90034

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Coldwell Banker Home Source

Coldwell Banker Home Source

01902736 (760) 684-8100info@cbhomesource.com
StateCA
CountyLos Angeles
CityLos Angeles
Zip Code90034
AreaC13 Palms Mar Vista
Listing VS Median (in 90034)
Price:
$5,800,000
low | high
Med:
$549,444
100% of Average
sqft:
13,324
low | high
Med:
911
100% of Average
$ / sqft:
$435
low | high
Med:
$614
8.983094790472% of Average
On site:
11
low | high
Med:
16.5
66.666666666667% of Average
Sourced by Back At You
Listing Updated: October 9, 2026 at 11:41:33 AM PDT

Coldwell Banker Home Source

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