4601 E Olympic Boulevard
East Los Angeles, CA 90022
0.04 acres | #PW23019001
Description
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.
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. This property’s 4601 E. Olympic (PW23019001) and 4611 E. Olympic Blvd.(PW23019013) are to be sold together
Property Details
- Lot DescriptionCornerLot, Level, NearPublicTransit, RectangularLot, StreetLevel
- Stories1
Measurements
- Acres0.0435
Construction Details
- Property TypePurchase
Condition
- Year Built1922
Utilities / Energy Details
- Utility FeaturesSewerAvailable, SewerConnected, WaterAvailable, WaterConnected
- Utility SourcePublic
Community and Neighborhood Details
- CountyLos Angeles
Financial Details
- Original List Price$900,000
Other
- MLS #PW23019001
Location
Legal
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Last Updated: . Source: CRMLS
Listing Courtesy
Listing Agent: James Oronoz (#PWORONJAM)
Listing Office: Circa Properties, Inc. (#PB21518)
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