3404 E Olympic Boulevard, Los Angeles, CA 90023

  • $1,250,000
  • $1,645
3404 E Olympic Boulevard, Los Angeles, CA 90023
  • Commercial Sale
  • Property Type
  • 1954
  • Year Built
For Sale
3404 E Olympic Boulevard, Los Angeles, CA 90023
  • $1,250,000
  • $1,645

Overview

Property ID: SGR-33813459
  • Commercial Sale
  • Property Type
  • 1954
  • Year Built

Description

This is a rare and fantastic opportunity to own a corner industrial property with office and outdoor work area, all located within the Federal Opportunity Zone! It is a perfect property for an owner-user but it can be developed into anything your dream of! The property is in a prime location just blocks from the 5, 710, 60, and 110 freeways, situated on highly trafficked Olympic Blvd, offering excellent visibility. Zoned LA City M2-1-CUGU, the property allows for various light industrial uses, making it ideal for industrial or commercial businesses. The property is currently occupied by the seller, but it can be rented out providing potential for rent income. The industrial building includes an office, outdoor work area, automatic gate and security door. Located within both the State Enterprise and Federal Opportunity Zones, this property offers significant development incentives, special height limits, and reduced parking requirements.

  • Address 3404 E Olympic Boulevard
  • City Los Angeles
  • State/county CA
  • Zip/Postal Code 90023
  • Area BOYH - Boyle Heights
  • Country United States

Details

Updated on September 10, 2024 at 3:42 am
  • Property ID: SGR-33813459
  • Price: $1,250,000
  • Land Area: 3181.00 m²
  • Year Built: 1954
  • Property Type: Commercial Sale
  • Property Status: For Sale
  • Living Area: 760.00
  • MLS#: OC24170684
  • Office Name: MC FUNDING, INC
  • Agent Name: K.P. Chung
  • MLS Status: Active
  • Living Area Prefix: Sqft
  • Agent State License: 02017594

Additional details

  • Roof: Asphalt,Shingle
  • Heating: None
  • County: Los Angeles
  • Property SubType: Industrial
  • Water Source: Public

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