4611 E Olympic Boulevard Active

East Los Angeles,CA 90022

$ 1050000

- Bed

0 Bath

3371 SqFt


Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 3,371 sqft

Price per Sqft $311

MLS Listing ID CRPW23019013

HOA Y/N No

Year Built 1922

Lot Size 6,965 Sqft

Acres 0.16

Property Description

4611 E. Olympic Blvd. - Nestled along a dynamic thoroughfare in the heart of East Los Angeles, this expansive mixed-use property is a prime investment opportunity. The location offers easy access to nearby freeways, schools, shops, and an array of local eateries, enhancing its appeal for residents and businesses alike. The property comprises two detached residential units, each boasting 2 bedrooms and 1 bathroom, providing attractive options for potential renters or homeowners seeking an urban lifestyle. Toward the east end of the property, a charming bakery adds character and potential for additional income streams. With its strategic positioning and diverse potential uses, this property stands as a promising choice for investors looking to capitalize on the dynamic energy of East Los Angeles. 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 strategical

Location

State CA

County Los Angeles

Area Listing

Zoning LCM1

Interior

Heating Wall Furnace

Cooling None

Fireplace No

Exterior

Utilities Available Electricity Connected,Natural Gas Connected,Other

Total Parking Spaces 2

Building

New Construction No

Others

Tax ID 5246007036

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