Listed by Michael Monempour of Lyon Stahl Investment Real Estate,Inc.
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 (Low income) 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 with no replacement units, 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.

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Based on information submitted to CRMLS as of May 20, 2026 10:51 PM EDT . All data is deemed reliable but is not guaranteed accurate by the MLS. All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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