JUST REDUCED $250K! Olympic Portfolio Retail FOR SALE


East Los Angeles, CA
$1,100,000 USD
626-381-9885
, East Los Angeles, CA for Sale
$1,100,000 USD
Retail - FOR SALE
1/32
null | 7% Cap Rate

JUST REDUCED $250K! Olympic Portfolio
East Los Angeles, CA


HIGHLIGHTS

  • 2025 Fully Renovated, Ownership Spent Close to $100k Including: New Roof Silicon Coating, New Flooring, New Paint, New Restroom Fixtures, New Asphalt
  • Two Properties Can be Purchased Together or Separately
  • Three Units 5921, 5923, 5925, with its Own Street & Parking Lot Entries/Exits
  • 5921: Kitchen w/ Hood, (2) Restrooms; (2) Offices, Open Space, Storage Mezzanine, (1) Restroom; 5925: Reception/Office, Warehouse (13' Clear Ht.)
  • Large Secured Fence Yard/Parking Lot in the Rear
  • 5921 Formerly Built out as Restaurant Space; 5923-5925 Formerly Occupied by a Glass and Doors Fabrication Company

OVERVIEW

JUST REDUCED $250K! CHANG INVESTMENT GROUP is proud to exclusively present the opportunity to purchase the Olympic Portfolio, consisting of two (2) commercial properties at 5921 and 5923-5925 E Olympic Blvd, East Los Angeles, California. The properties can be purchased together or separately. The Olympic Portfolio is well located in East Los Angeles, just east of Downtown LA and adjacent to cities including Commerce, Montebello, and Monterey Park. Furthermore, it is within minutes’ drive to Downtown LA, Cal State LA, USC Health Sciences Campus, with easy access to the 60, 10, 5, and 710 freeways. Currently vacant, the Olympic Portfolio is perfect for an owner user, or an investor looking to generate excellent rental income and appreciation. 5921 E Olympic Blvd was previously built out as a restaurant space. 5923-5925 E Olympic Blvd was previously occupied by a glass and doors fabrication company. Both properties are under Los Angeles County’s “C-3” (General Commercial) Zoning, which provides a wide range of uses, with some uses require CUP or SPR. Buyer to verify the property’s zoning and land use with the City of Los Angeles. The ownership spent close to $100k to fully renovated the properties in 2025, with new roof silicon coating, new flooring, new exterior and interior paint, new restroom fixtures, new water heaters, and asphalt paving of the yard/parking lot. The properties feature a large secured parking lot and yard. The three (3) units 5921, 5923, 5925, each has its own entries/exits on Olympic Blvd and to the rear parking lot. 5921 - the former restaurant space has a kitchen with hood, two (2) restrooms. 5923 has a reception/office, a large office, open space with storage mezzanine, and one (1) restroom. 5925 has a reception/office, a large warehouse/storage area with 13’ clear height, additional storage in the rear metal shed, and one (1) restroom. Buyer to verify all information herein, including building permits and square footage, Broker/Agent and Seller does not guarantee its accuracy. Contact listing agent to schedule a tour of the properties. Note: The properties are currently vacant, Cap Rate is based on Proforma projection.

ASK ABOUT THIS PROPERTY

Steve ChangChang Investment GroupMore Info
626-381-9885

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Steve ChangChang Investment GroupMore Info
626-381-9885

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