Skip To Content

3404 E Olympic Boulevard

Los Angeles (City), CA 90023
  • $1,150,000
  • STATUS: Active
  • ON SITE: 137 Days
  • ID#: OC24170684
Price Reduced
UPDATED: 223 min ago
$1,150,000
  • 0
    BEDS
  • 0.07
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1954
County:

School Ratings & Info

Listing Agent(s): K.P. Chung of MC Funding, Inc (949-244-8482)


Description

This is a rare and fantastic opportunity to own a corner industrial property with office and outdoor work area, all located within the Federal Opportunity Zone! It is a perfect property for an owner-user but it can be developed into anything your dream of! The property is in a prime location just blocks from the 5, 710, 60, and 110 freeways, situated on highly trafficked Olympic Blvd, offering excellent visibility. Zoned LA City M2-1-CUGU, the property allows for various light industrial uses, making it ideal for industrial or commercial businesses. The property is currently occupied by the seller, but it can be rented out providing potential for rent income. The industrial building includes an office, outdoor work area, automatic gate and security door. Located within both the State Enterprise and Federal Opportunity Zones, this property offers significant development incentives, special height limits, and reduced parking requirements.

Monthly Payment Calculator



Based on information from California Regional Multiple Listing Service, Inc. as of 2025-01-17T00:30:05.24. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Robyn Graham & Associates | Keller Williams. Licensed in the State of California, USA.
www.robynicenhowerproperties.com/homes/154511254
Print Image

3404 E Olympic Boulevard Los Angeles (City), CA 90023

  • Price: $1,150,000
  • Status: Active
  • On Site: 137 Days
  • Updated: 223 min ago
  • ID#: OC24170684
0
Beds
0
Baths
0
½ Baths
0.07
Acres
1954
Built
Neighborhood:
BOYH - Boyle Heights
County:
Los Angeles
Area:
BOYH - Boyle Heights
Property Description
This is a rare and fantastic opportunity to own a corner industrial property with office and outdoor work area, all located within the Federal Opportunity Zone! It is a perfect property for an owner-user but it can be developed into anything your dream of! The property is in a prime location just blocks from the 5, 710, 60, and 110 freeways, situated on highly trafficked Olympic Blvd, offering excellent visibility. Zoned LA City M2-1-CUGU, the property allows for various light industrial uses, making it ideal for industrial or commercial businesses. The property is currently occupied by the seller, but it can be rented out providing potential for rent income. The industrial building includes an office, outdoor work area, automatic gate and security door. Located within both the State Enterprise and Federal Opportunity Zones, this property offers significant development incentives, special height limits, and reduced parking requirements.
Exterior Features

Construction Materials Log Entry Level 1 Fencing Good ConditionWrought Iron Lot Features Corner LotLevelRectangular Lot Roof AsphaltShingle Sign On Property YN No

Interior Features

Heating None Heating YN No

Property Features

Additional Parcels YN No Common Interest None Current Financing Government Loan Electric Electricity - On Property220 Volts Exclusions Appliancestoolsequipmentvehicles Land Lease YN No Laundry Features None Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash to New LoanConventional1031 ExchangeGovernment Loan Property Sub Type Industrial Security Features Security Gate Special Listing Conditions Standard Utilities Electricity ConnectedNatural Gas AvailableSewer ConnectedWater Connected Water Source Public



Based on information from California Regional Multiple Listing Service, Inc. as of 2025-01-17T00:30:05.24. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Robyn Graham & Associates | Keller Williams. Licensed in the State of California, USA.
 
https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_2_373227680-2.jpg https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_2_373227680-2.jpg https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_2_373227680-2.jpg
Logo
Robyn Graham & Associates | Keller Williams
5110 W. Cypress Ave.
Visalia CA, 93277
Listing Agent(s): K.P. Chung of MC Funding, Inc (949-244-8482)