Description

We are proud to present for sale a generational opportunity to acquire 32 units at 3252 Overland Avenue. Ideally located in the heart of LA's vibrant Westside, this pride of ownership property is available to be purchased for the first time in decades. Ownership has made significant capital improvements to many aspects of the building which make this an ideal value-add opportunity requiring little of the new owner outside of unit renovations. The property features an ideal unit mix consisting of (3) studios, (17) 1+1, (4) 1+1+den, (2) 2+1, and (6) 2+2. Each of these floor plans are large and flooded with natural light. This mid-century gem has a one-of-a kind facade and features a beautiful courtyard area complete with a sparkling pool. Select units have been finished with laminate wood flooring, upgraded cabinetry, and granite countertops. The building offers its residents a secure intercom entry, air conditioned units, balconies, an on-site laundry room, and ample secure parking. Ownership has completed all seismic soft story parking retrofit work. Within walking distance of high-end dining, nightlife, and an abundance of recreational activities, this rare offering presents an astute investor with the unique opportunity to capitalize on higher market rents and to acquire a prestigious turnkey asset in one of the best rental locations in all of Los Angeles.

Features

• 0.54 Acres
• 3 Stories