3404 E Olympic Boulevard , Los Angeles, CA 90023
Los Angeles, CA 90023
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.
Details
| Mls | OC24170684 |
|---|---|
| Listing Type | For Sale |
| Style | Industrial |
| Subtype | Resale |
| Status | Active |
| Year | 1954 |
| Days On Site | 99 |
| Listing Provided By | MC Funding, Inc 949-244-8482 | K.P. Chung |
Features
| Sq Feet | 760 |
|---|---|
| Storys | 1 |
| Buildings | 1 |
| Acreage | 0.07 |
Market Activity 90023
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Learn More About This Property
| State | CA |
|---|---|
| County | Los Angeles |
| City | Los Angeles |
| Zip Code | 90023 |
| Area | BOYH Boyle Heights |
| Listing VS Median (in 90023) | |
Price: $1,250,000 low | high Med: $749,500 SqFt: 760 low | high Med: 1,553 $ / SqFt: $1,645 low | high Med: $487 On Site: 99 low | high Med: 139.500000 | |