$1,050,000

4611 Olympic Boulevard, East Los Angeles 90022

6,965

Lot Size

Listing Agent
James Oronoz - Circa Properties, Inc. - 714-553-9073

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

Facts & Features

MLS® # PW23019013
Price $1,050,000
Bathrooms 0.00
Lot Size 6,965
Year Built 1922
Type Commercial Sale
Sub-Type Mixed Use
Status Active
# Of Units 6893

Community Information

Address 4611 Olympic Boulevard
Area ELA - East Los Angeles
City East Los Angeles
County Los Angeles
Zip Code 90022

Amenities

Utilities Sewer Available, Sewer Connected, Water Available, Water Connected, Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected
Parking Spaces 2
Is Waterfront No
Has Pool No

Interior

Heating Wall Furnace
Cooling None
Has Basement No
Fireplace No
# of Stories 1

Exterior

Exterior Wood Siding
Lot Description Level, Street Level, Irregular Lot, No Landscaping, Value In Land
Roof Composition, Flat, Rolled/Hot Mop
Construction Wood Siding

Additional Information

Date Listed February 1st, 2023
Days on Market 436
Zoning LCM1
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

AgentJames Oronoz
OfficeCirca Properties, Inc.
Info714-553-9073

Listing Map

Request a Showing

Provide a valid email address.
When would you like to view this property?