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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
Last Updated | 10/16/2024 | Year Built | 1922 |
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Community | East Los Angeles | County | Los Angeles |
Price History
Prior to Jul 25, '23 | $1,300,000 |
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Jul 25, '23 - Apr 24, '24 | $1,225,000 |
Apr 24, '24 - Today | $1,050,000 |
Additional Details
AIR | None |
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AREA | East Los Angeles |
CONSTRUCTION | Wood Siding |
HEAT | Wall Furnace |
LOT | 6965 sq ft |
LOT DESCRIPTION | Irregular Lot, Level, No Landscaping, Street Level, Value In Land |
LOT DIMENSIONS | 6984 |
STORIES | 1 |
TAXES | 1077 |
UTILITIES | Electricity Available,Electricity Connected,Natural Gas Available,Natural Gas Connected,Sewer Available,Sewer Connected,Water Available,Water Connected, Electric: Standard |
WATER | Public |
ZONING | LCM1 |
Location
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