3386 E Olympic Bl Los Angeles, CA 90023

$4,900,000
Los Angeles, CA   90023
0 Beds, 0.0 Baths, 0 sq ft, 24,939 sq ft lot, Built in 1945
3386 E Olympic Bl, Los Angeles, CA 90023 Photo 0
3386 E Olympic Bl, Los Angeles, CA 90023 Photo 1
3386 E Olympic Bl, Los Angeles, CA 90023 Photo 2
3386 E Olympic Bl, Los Angeles, CA 90023 Photo 3
3386 E Olympic Bl, Los Angeles, CA 90023 Photo 4
3386 E Olympic Bl, Los Angeles, CA 90023 Photo 5
3386 E Olympic Bl, Los Angeles, CA 90023 Photo 6
0 Beds,
0.0 Baths,
0 sq ft,
24,939 sq ft lot
Built in 1945

Description

MLS# AR19085080

$350K Price Reduction!!! Submit Offers! Located in a Qualified Opportunity Zone. The portfolio of properties located at 3364-3386 E. Olympic Blvd in Los Angeles consists of five separate parcels of property with four buildings and a parking lot. The properties total approximately 20K square feet situated on approximately 24,939 square feet of land. All tenants are month to month and can be vacated at close of escrow. The property has multiple grade level loading doors, 2 dock-hgih doors, bow-truss ceilings and sprinklers. The properties are located along highly trafficked Olympic Blvd minutes from downtown Los Angeles and close access to the 5, 60, 710, 10 and 101 freeways. The zoning is M2-1-CUGU which is a light industrial zone allowing a variety of business uses including R&D, retail, wholesale, light industrial and manufacturing, assembly and fabrication, etc. These properties are located in the Adelante Eastside Redevelopment Area- please contact the LA Community Redevelopment Agency for more information. The properties are also part of the State Enterprise Zone. This provides employment and economic incentives to businesses to stimulate local investment and employment. This also allows the properties to enjoy lower parking ratio requirements as well as special height district allowing for increased development. The CUGU overlay designates the properties in a Clean Up Green Up district. Listed by Linda Vidov, Top Commercial Realty, Inc.

Description

MLS# AR19085080

$350K Price Reduction!!! Submit Offers! Located in a Qualified Opportunity Zone. The portfolio of properties located at 3364-3386 E. Olympic Blvd in Los Angeles consists of five separate parcels of property with four buildings and a parking lot. The properties total approximately 20K square feet situated on approximately 24,939 square feet of land. All tenants are month to month and can be vacated at close of escrow. The property has multiple grade level loading doors, 2 dock-hgih doors, bow-truss ceilings and sprinklers. The properties are located along highly trafficked Olympic Blvd minutes from downtown Los Angeles and close access to the 5, 60, 710, 10 and 101 freeways. The zoning is M2-1-CUGU which is a light industrial zone allowing a variety of business uses including R&D, retail, wholesale, light industrial and manufacturing, assembly and fabrication, etc. These properties are located in the Adelante Eastside Redevelopment Area- please contact the LA Community Redevelopment Agency for more information. The properties are also part of the State Enterprise Zone. This provides employment and economic incentives to businesses to stimulate local investment and employment. This also allows the properties to enjoy lower parking ratio requirements as well as special height district allowing for increased development. The CUGU overlay designates the properties in a Clean Up Green Up district. Listed by Linda Vidov, Top Commercial Realty, Inc.

Area
AREA: BOYH - Boyle Heights
COUNTY: LA
Building Info
LAUNDRY: None
Exterior Features
LOT: Near Public Transit, Sprinkler System, Walkstreet
Land
WATER: Public
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