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4953 E Olympic Boulevard

Los Angeles (City), CA 90022
  • $1,100,000
  • STATUS: Active Under Contract
  • ON SITE: 35 Days
  • ID#: MB24201582
Under Contract
$1,100,000
  • 0
    BEDS
  • 0.15
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1930
County:

School Ratings & Info

Listing Agent(s): Manuel Ontiveros of PB & ASSOCIATES (805-310-5430)


Description

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.Dont miss this opportunity to invest in the rapidly evolving and affordable East Los Angeles community.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2024-11-03T00:28:42.86. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Action Realty. Licensed in the State of California, USA.
www.actionrealtyca.com/homes/155963050
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4953 E Olympic Boulevard Los Angeles (City), CA 90022

  • Price: $1,100,000
  • Status: Active Under Contract
  • On Site: 35 Days
  • ID#: MB24201582
0
Beds
0
Baths
0
½ Baths
0.15
Acres
1930
Built
Neighborhood:
BOYH - Boyle Heights
County:
Los Angeles
Area:
BOYH - Boyle Heights
Property Description
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.Dont miss this opportunity to invest in the rapidly evolving and affordable East Los Angeles community.
Exterior Features

Construction Materials BlockDrywallConcretePlasterStuccoVinyl Siding Entry Level 1 Fencing Average ConditionChain LinkPrivacyWrought IronWire Lot Features 0-1 Unit/AcreNear Public TransitPavedValue In Land Roof FlatShingle Sign On Property YN Yes

Property Features

Additional Parcels YN No Business Type Construction/ContractorMixed Common Interest None Current Financing None Electric 220 Volts in LaundryPhotovoltaics Seller Owned220 Volts in Workshop Inclusions Paid Solar System Land Lease YN No Laundry Features Washer HookupGas Dryer HookupOutside Lease Considered YN No Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash to New Loan Number Of Units Leased 1 Property Sub Type Industrial Security Features Smoke Detector(s) Special Listing Conditions Standard Utilities Electricity ConnectedNatural Gas ConnectedSewer Connected Zoning LC-M



Based on information from California Regional Multiple Listing Service, Inc. as of 2024-11-03T00:28:42.86. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Action Realty. Licensed in the State of California, USA.
 
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Action Realty
1664 Montgomery St
Oroville CA, 95965
Listing Agent(s): Manuel Ontiveros of PB & ASSOCIATES (805-310-5430)