CA > East Los Angeles
East Los Angeles, CA 90022,4601 E Olympic BLVD
East Los Angeles, CA 90022,4601 E Olympic BLVD
East Los Angeles, CA 90022,4601 E Olympic BLVD
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The Warburton Team Brokered By EXp

The Warburton Team Brokered By EXp

+1(626) 630-2141
$749,900
Est. payment /mo
1,894 Sqft Lot
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UPDATED:

09/30/2024 06:44 PM

Key Details

Property Type Commercial

Sub Type Retail

Listing Status Active

Purchase Type For Sale

MLS Listing ID PW23019001

HOA Y/N No

Year Built 1922

Tax Year 2022

Lot Size 1,894 Sqft

Lot Dimensions Public Records

Property Description

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.

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. This property’s 4601 E. Olympic (PW23019001) and 4611 E. Olympic Blvd.(PW23019013) are to be sold together

Location

State CA

County Los Angeles

Area Ela - East Los Angeles

Zoning LCM1

Interior

Heating Wall Furnace

Cooling None

Fireplace No

Laundry None

Exterior

Fence Chain Link

Utilities Available Sewer Available, Sewer Connected, Water Available, Water Connected

Roof Type Composition,Flat,Rolled/Hot Mop

Building

Lot Description Corner Lot, Level, Near Public Transit, Rectangular Lot, Street Level

Story 1

Water Public

Others

Tax ID 5246007038

Acceptable Financing Cash, Cash to New Loan, 1031 Exchange

Listing Terms Cash, Cash to New Loan, 1031 Exchange

Special Listing Condition Trust

Read Less Info
California Regional MLS (CRMLS)
Listed by James Oronoz • Circa Properties, Inc. • 714-553-9073

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