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$ 1,050,000
Est. payment /mo
Active
4611 E Olympic Boulevard East Los Angeles, CA 90022
3,371 SqFt
UPDATED:
04/24/2024 07:12 PM
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
© 2024 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.
Listed by James Oronoz • Circa Properties, Inc.