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.
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
Price:
$1,100,000
MLS #:
MB24201582
Status:
Active Under Contract
Baths:
0
Address:
4953 E Olympic Boulevard
Type:
Commercial
Subtype:
Industrial
Neighborhood:
boyhboyleheights
City:
Los Angeles
Listed Date:
Sep 26, 2024
State:
CA
ZIP:
90022
Year Built:
1930
Schools
Interior
Exterior
Electric
220 Volts in Laundry, 220 Volts in Workshop, Photovoltaics Seller Owned
Fencing
Average Condition, Chain Link, Privacy, Wire, Wrought Iron
Roof
Flat, Shingle
Security Features
Smoke Detector(s)
Stories Total
1
Financial
Utilities
Electricity Connected, Natural Gas Connected, Sewer Connected
Map
Contact Us
Mortgage Calculator
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Courtesy of PB & ASSOCIATES. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than BUSINESS MA include the name of the listing broker. Neither the listing company nor BUSINESS MA shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2024. California Regional Multiple Listing Service. All rights reserved.
4953 E Olympic Boulevard
Los Angeles, CA
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