3404 E Olympic Boulevard

Los Angeles, CA 90023

$1,250,000

List Price

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bed Beds

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shower Baths

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1954

calendar_month Built

Property Description

This is a rare and fantastic opportunity to own a corner industrial property with office and outdoor work area, all located within the Federal Opportunity Zone! It is a perfect property for an owner-user but it can be developed into anything your dream of! The property is in a prime location just blocks from the 5, 710, 60, and 110 freeways, situated on highly trafficked Olympic Blvd, offering excellent visibility. Zoned LA City M2-1-CUGU, the property allows for various light industrial uses, making it ideal for industrial or commercial businesses. The property is currently occupied by the seller, but it can be rented out providing potential for rent income. The industrial building includes an office, outdoor work area, automatic gate and security door. Located within both the State Enterprise and Federal Opportunity Zones, this property offers significant development incentives, special height limits, and reduced parking requirements.

Listing Information

List Price $1,250,000
Status Active
MLS OC24170684
Type Commercial
Subtype Industrial
Year Built 1954
Lot Size 3,181
Structure Size N/A
Courtesy Of MC Funding, Inc
Listing Agent K.P. Chung DRE#02017594

Interior Features

Laundry Information
Location(s) None
Total Bedroom
Bedrooms N/A
Total Bathroom
Bathrooms N/A

Exterior Information

Maps

Listing information courtesy of: K.P. Chung, MC Funding, Inc . *Based on information from the Association of REALTORS/Multiple Listing as of Sep 30th, 2024 at 6:28 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.