4953 E Olympic BLVD Active

Los Angeles,CA 90022

$ 1100000

- Bed

- Bath

2983 SqFt


Key Details

Property Type Commercial

Sub Type Industrial

Listing Status Active

Purchase Type For Sale

Square Footage 2,983 sqft

Price per Sqft $368

MLS Listing ID MB24201582

HOA Y/N No

Year Built 1930

Lot Size 6,529 Sqft

Acres 0.1499

Property Description

PB & Associates is pleased to present a prime corner property to use as a market and/or a development opportunity. The subject property is located at the corner of East Olympic Blvd and Frazer Avenue in unincorporated east Los Angeles.
The present use of the commercial building is occupied by a business and the separate remodeled two-bedroom 1-bathroom house is tenant occupied. The lot is fully fenced, and the commercial building is fenced from the house. Owner-owned solar panels are included in the sale.

LOCATION: This opportunity is in the heart of unincorporated East Los Angeles. The subject property is located at the signalized intersection of East Olympic Blvd. not far from Atlantic Blvd., 710 Fwy, 5 Fwy, and 60 Fwy.

ZONING: The zoning of the property is C-M Commercial Manufacturing.
The Buyer is advised to inquire with Los Angeles County Planning regarding their intended use and or condo development for the subject property.

Don’t miss this opportunity to invest in the rapidly evolving and affordable East Los Angeles community.

Location

State CA

County Los Angeles

Area Boyh - Boyle Heights

Zoning LC-M

Rooms

Ensuite Laundry Washer Hookup,Gas Dryer Hookup,Outside

Interior

Laundry Location Washer Hookup,Gas Dryer Hookup,Outside

Inclusions Paid Solar System

Fireplace No

Laundry Washer Hookup,Gas Dryer Hookup,Outside

Exterior

Fence Average Condition,Chain Link,Privacy,Wrought Iron,Wire

Utilities Available Electricity Connected,Natural Gas Connected,Sewer Connected

Roof Type Flat,Shingle

Present Use Commercial

Building

Lot Description 0-1 Unit/Acre,Near Public Transit,Paved,Value In Land

Story 1

Others

Tax ID 5245008008

Security Features Smoke Detector(s)

Acceptable Financing Cash,Cash to New Loan

Listing Terms Cash,Cash to New Loan

Special Listing Condition Standard

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