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Amazing opportunity to add value 2323 W. Olympic Blvd Los Angeles large as 1.653 AC / 72,003 SF land size, C2, C4, P1 zone. This land can offer redevelopment opportunity on prime W. Olympic Blvd connecting from K town onto Downtown area. Great mixed use Development Opportunity - This location may build for 350 Residential Units plus 60,000 SF Retail Spaces by Density Bonus w/TOC Tier 3 incentive. Currently, strong Single NNN Tenant (Northgate Market Los Angeles) with 5-year lease only, No option to renew after February 28, 2030 since March 01, 2010 as a starting point. It sure will attract high visibility with major traffic occurrence on Olympic Blvd, just 6-7 blocks from Crypto.com Arena in Downtown LA. A truly rare opportunity with tremendous development with a strong income portfolio to be added to your assets. Buyer and Buyer's agent to verify all information regarding the property to their full and complete satisfaction.
Property Type(s):
Commercial
| Last Updated | 2/26/2025 | Year Built | 1962 |
|---|---|---|---|
| Community | Downtown L.A. | County | Los Angeles |
Additional Details
| AREA | Downtown L.A. |
|---|---|
| HOA DUES | 0 |
| LOT | 1.65 acre(s) |
| STORIES | 1 |
| ZONING | LAC2 |
Location
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Listed with WIN Realty & Properties
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