$1,100,000
Pending

4953 E Olympic Boulevard

Los Angeles, CA 90022
0.15 acres | #MB24201582
Listing OfficePB & ASSOCIATES
Browse 22 photos
Type:Purchase
Structure:Industrial
Zone:Commercial

Description

PB & Associates is pleased to present a prime corner property to use as a market and/or a development opportunity. The subject property is located at the corner of East Olympic Blvd and Frazer Avenue in unincorporated east Los Angeles.
The present use of the commercial building is occupied by a business and the separate remodeled two-bedroom 1-bathroom house is tenant occupied. The lot is fully fenced, and the commercial building is fenced from the house. Owner-owned solar panels are included in the sale.
LOCATION: This opportunity is in the heart of unincorporated East Los Angeles. The subject property is located at the signalized intersection of East Olympic Blvd. not far from Atlantic Blvd., 710 Fwy, 5 Fwy, and 60 Fwy.
ZONING: The zoning of the property is C-M Commercial Manufacturing.
The Buyer is advised to inquire with Los Angeles County Planning regarding their intended use and or condo development for the subject property.
Don’t miss this opportunity to invest in the rapidly evolving and affordable East Los Angeles community.

  • Property Details
      • Utility FeaturesElectricityConnected, NaturalGasConnected, SewerConnected
      • Lot DescriptionZeroToOneUnitAcre, NearPublicTransit, Paved, ValueInLand
      • CountyLos Angeles
      • Original List Price$1,100,000
      • MLS #MB24201582
      • Property SubtypeIndustrial
      • MLS #MB24201582
      • Property TypePurchase
      • Cost1100000
      • Acres0.1499
      • Year Built1930
      • Stories1

Location

Cristina Arneson-CabreraReal Estate Group
$
years

Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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annually
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monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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