West Los Angeles Development
For Sale
$13,249,000
3219 Overland, Los Angeles, CA 90034
Large Westside development site with incentives and flexible zoning.
Property SizeContact for details
Days on Market456
Property Features for 3219 Overland
General Information
Standard status
Active
Site & Location
Neighborhood
Palms
Listing Agency:
MARCUS & MILLICHAP
Listed By:
FILIP NICULETE · License #(S):CA:01905352
(818) 212-2763
Source:
Corcoran
Added: Jul 28, 2025
Changed: Jul 10
Last Checked: Jul 10 at 3:45PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of MARCUS & MILLICHAP
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Investment Insights
Based on property information with market context.
This offering presents a development opportunity in the Palms neighborhood of West Los Angeles. The property comprises three contiguous parcels totaling approximately 39,666 square feet, which is approximately 0.91 acres. Zoned R3-1, the property is offered as a single combined site and includes two vacant lots and one improved parcel with a 10-unit rent-stabilized building. The property's location, flexible zoning, and eligibility for a range of incentive programs make it a candidate for market-rate or affordable housing development. Located in a TOC Tier 2 area and a Low VMT zone, the property also benefits from eligibility for parking reductions and ministerial approval processes under AB 2097 and AB 2334. The site qualifies for multiple development pathways, including the City of Los Angeles's Mixed-Income Incentive Program (MIIP), California's State Density Bonus Law (SDBL) with AB 1287 enhancements, and SB 684's ministerial approval process, which is applicable to the two vacant parcels. The site is designated as both a HUD Difficult Development Area (DDA) and a "Highest Resource" Area under the 2025 TCAC/HCD Opportunity Area Maps. These designations provide a 30% basis boost for LIHTC-eligible costs (DDA) and improved scoring competitiveness for 9% tax credits and other state funding programs (Highest Resource).
Key Highlights
- Large 39,666 sq ft land assemblage in West Los Angeles.
- Flexible R3‑1 zoning with multiple incentive program eligibility.
- Strategic location in TOC Tier 2 & Low VMT zone, qualifying for parking reductions.
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Open Analytics
Location Intelligence
Trade Area within ½ mile
1,769
Businesses Nearby
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Business Placement
Demographics for 90034, CA
57,152
Population
29,262
Households
2
Avg Household Size
35
Median Age
64%
College-Educated
92%
High-School Grad
3.1 sq mi
ZIP Area
18,436
Density / Sq Mi
$103,082
Median Household Income
$62,891
Median Earnings
$2,180
Median Rent
$1,395,000
Median Home Value
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Frequently Asked Questions
What type of property is this?
Land - Large Westside development site with incentives and flexible zoning.
Where is this land located?
The property is located at 3219 Overland Los Angeles, CA.
What is the asking price?
The asking price for this property is $13,249,000.
What are key features of this property?
This property features: Large 39,666 sq ft land assemblage in West Los Angeles.; Flexible R3‑1 zoning with multiple incentive program eligibility.; Strategic location in TOC Tier 2 & Low VMT zone, qualifying for parking reductions.
