3404 E Olympic Blvd - Manufacturing FOR SALE


Los Angeles, CA 90023- Boyle Heights
$1,150,000 USD
657-505-5187
3404 E Olympic Blvd, Los Angeles, CA for Sale
$1,150,000 USD
Manufacturing - FOR SALE
1/7
null | Request Cap Rate

3404 E Olympic Blvd
Los Angeles, CA 90023
Boyle Heights


HIGHLIGHTS

  • Heavy traffic throughout the day
  • One of the few remaining industrially zoned properties in Los Angeles
  • Easy access to freeways
  • Easy access to Los Angeles Downtown

OVERVIEW

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.

FOR SALE DETAILS

PRICE

$1,150,000 USD

PRICE/SF

$1,513 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Manufacturing

ADD'L SUBTYPES

Auto Repair, Storefront Retail/Office, Service

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1954

UTILITIES

-

CLEAR CEILING HT

8 Ft

DOCKS

-

DRIVE INS

1

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.07

LAND SF

3,180

ZONING

LAM2

APN/PARCEL ID

5190-035-001

ASK ABOUT THIS PROPERTY

KP ChungMC Funding Inc.More Info
657-505-5187

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KP ChungMC Funding Inc.More Info
657-505-5187

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.