3404 E Olympic BLVD Active Save Request In-Person Tour Request Virtual Tour
Los Angeles,CA 90023
Key Details
Property Type Commercial
Sub Type Industrial
Listing Status Active
Purchase Type For Sale
MLS Listing ID OC24170684
HOA Y/N No
Year Built 1954
Lot Size 3,179 Sqft
Property 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.
Location
State CA
County Los Angeles
Area Boyh - Boyle Heights
Interior
Heating None
Fireplace No
Laundry None
Exterior
Fence Good Condition,Wrought Iron
Utilities Available Electricity Connected,Natural Gas Available,Sewer Connected,Water Connected
Roof Type Asphalt,Shingle
Building
Lot Description Corner Lot,Level,Rectangular Lot
Story 1
Water Public
Others
Tax ID 5190035001
Security Features Security Gate
Acceptable Financing Cash,Cash to New Loan,Conventional,1031 Exchange,Government Loan
Listing Terms Cash,Cash to New Loan,Conventional,1031 Exchange,Government Loan
Special Listing Condition Standard