$311.48 Per Sq Foot $5,637 est/mo Sourced by Back At You

4611 E Olympic Boulevard,East Los Angeles, CA 90022

East Los Angeles CA, 90022

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Description

4611 E. Olympic Blvd. - Nestled along a dynamic thoroughfare in the heart of East Los Angeles, this expansive mixed-use property is a prime investment opportunity. The location offers easy access to nearby freeways, schools, shops, and an array of local eateries, enhancing its appeal for residents and businesses alike. The property comprises two detached residential units, each boasting 2 bedrooms and 1 bathroom, providing attractive options for potential renters or homeowners seeking an urban lifestyle. Toward the east end of the property, a charming bakery adds character and potential for additional income streams. With its strategic positioning and diverse potential uses, this property stands as a promising choice for investors looking to capitalize on the dynamic energy of East Los Angeles. 4601 E. Olympic Blvd. - This corner lot is situated on a bustling thoroughfare, offering immense potential for various development opportunities. Currently, the property features 3 retail units and an open-air lot adjacent to the building. These structures present an excellent foundation for enhancing the existing businesses or embarking on new ventures that would benefit the vibrant surrounding neighborhood. As an added bonus, the property generates additional income through a strategically placed billboard. Conveniently located near major freeways, this property provides quick access to downtown Los Angeles, making it an attractive investment for both local and commuter-focused enterprises.The property’s at 4601 E. Olympic (PW23019001) and 4611 E. Olympic Blvd.(PW23019013) are to be sold together

Details

MLS#PW23019013
Listing TypeFor Sale
StyleMixed Use
Sub-TypeResale
StatusActive
Year1922
Days On Site461
Listing Provided ByCirca Properties, Inc. 714-203-6814 | James Oronoz

Features

SQ Feet3,371
Story(s)1
Units6893
Building(s)3
ZoningLCM1
Acreage0.16

Market Activity 90022

MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the California Regional MLS.

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Listings Checked: 55 seconds ago
StateCA
CountyLos Angeles
CityEast Los Angeles
Zip Code90022
AreaELA East Los Angeles
Listing VS Median (in 90022)
Price:
$1,050,000
low | high
Med:
$998,000
54.952380952381% of Average
SqFt:
3,371
low | high
Med:
6,734
49.762681696826% of Average
$ / SqFt:
$311
low | high
Med:
$148
100% of Average
On Site:
461
low | high
Med:
5.000000
100% of Average
Sourced by Back At You
Listing Updated: May 21, 2024 at 7:37:34 PM PDT
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