UPDATED:
09/30/2024 06:44 PM
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID PW23019013
HOA Y/N No
Year Built 1922
Annual Tax Amount $1,077
Lot Size 6,965 Sqft
Lot Dimensions Public Records
Property Description
4601 E. Olympic Blvd. - This corner lot is situated on a bustling thoroughfare, offering immense potential for various development opportunities. Currently, the property features 3 retail units and an open-air lot adjacent to the building. These structures present an excellent foundation for enhancing the existing businesses or embarking on new ventures that would benefit the vibrant surrounding neighborhood. As an added bonus, the property generates additional income through a strategically placed billboard. Conveniently located near major freeways, this property provides quick access to downtown Los Angeles, making it an attractive investment for both local and commuter-focused enterprises.The property’s at 4601 E. Olympic (PW23019001) and 4611 E. Olympic Blvd.(PW23019013) are to be sold together
Location
State CA
County Los Angeles
Area Ela - East Los Angeles
Zoning LCM1
Interior
Heating Wall Furnace
Cooling None
Fireplace No
Laundry Inside
Exterior
Fence Chain Link
Utilities Available Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Sewer Available, Sewer Connected, Water Available, Water Connected
Roof Type Composition,Flat,Rolled/Hot Mop
Total Parking Spaces 2
Building
Lot Description Irregular Lot, Level, No Landscaping, Street Level, Value In Land
Story 1
Water Public
Others
Tax ID 5246007036
Acceptable Financing Cash, Cash to New Loan, 1031 Exchange
Listing Terms Cash, Cash to New Loan, 1031 Exchange
Special Listing Condition Trust
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