4611 E Olympic Boulevard
East Los Angeles, CA 90022
0.16 acres | #PW23019013
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 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
Property Details
- Utility FeaturesElectricityAvailable, ElectricityConnected, NaturalGasAvailable, NaturalGasConnected, SewerAvailable, SewerConnected, WaterAvailable, W
- Lot DescriptionIrregularLot, Level, NoLandscaping, StreetLevel, ValueInLand
- CountyLos Angeles
- Original List Price$1,300,000
- MLS #PW23019013
- MLS #PW23019013
- Property TypePurchase
- Property SubtypeMixedUse
- Cost1050000
- Acres0.1599
- Utility SourcePublic
- Taxes Annual$1,077
- Year Built1922
- Stories1
Location
Legal
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Based on information from California Regional Multiple Listing Service, Inc. as of the most recent time synced and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
Last Updated: . Source: CRMLS
Listing Courtesy
Listing Agent: James Oronoz (#PWORONJAM)
Listing Office: Circa Properties, Inc. (#PB21518)
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