CA > Los Angeles
Los Angeles, CA 90023,3404 E Olympic BLVD
Los Angeles, CA 90023,3404 E Olympic BLVD
Los Angeles, CA 90023,3404 E Olympic BLVD
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John Matukas

John Matukas

+1(323) 377-4961
$1,250,000
Est. payment /mo
3,179 Sqft Lot
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UPDATED:

12/05/2024 03:32 AM

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

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California Regional MLS (CRMLS)
Listed by K.P. Chung • MC Funding, Inc

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John Matukas

+1(323) 377-4961

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