CA > East Los Angeles
East Los Angeles, CA 90022,4611 E Olympic BLVD
East Los Angeles, CA 90022,4611 E Olympic BLVD
East Los Angeles, CA 90022,4611 E Olympic BLVD
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$1,050,000
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6,965 Sqft Lot
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4611 E Olympic BLVD East Los Angeles, CA 90022

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Joshua Shorter

Joshua Shorter

+1(702) 728-0089

UPDATED:

09/30/2024 06:44 PM

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

MLS Listing ID PW23019013

HOA Y/N No

Year Built 1922

Annual Tax Amount $1,077

Lot Size 6,965 Sqft

Lot Dimensions Public Records

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 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

Location

State CA

County Los Angeles

Area Ela - East Los Angeles

Zoning LCM1

Interior

Heating Wall Furnace

Cooling None

Fireplace No

Laundry Inside

Exterior

Fence Chain Link

Utilities Available Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Sewer Available, Sewer Connected, Water Available, Water Connected

Roof Type Composition,Flat,Rolled/Hot Mop

Total Parking Spaces 2

Building

Lot Description Irregular Lot, Level, No Landscaping, Street Level, Value In Land

Story 1

Water Public

Others

Tax ID 5246007036

Acceptable Financing Cash, Cash to New Loan, 1031 Exchange

Listing Terms Cash, Cash to New Loan, 1031 Exchange

Special Listing Condition Trust

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

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Joshua Shorter

RE.S.0191694

+1(702) 728-0089

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4611 E Olympic BLVD