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Seller Financing Available at 3.875% 2341-2345 E Olympic Blvd

22,360 SF 100% Leased Industrial Building Los Angeles, CA 90021 $18,355,589 CAD ($821 CAD/SF)

Warehouses California Los Angeles 2341-2345 E Olympic Blvd, Los Angeles, CA 90021

Investment Highlights

  • BEST OPPORTUNITY in the Arts District- Owner will Carry Financing at 3.875%- Call Broker
  • BEAUTIFUL BRICK STRUCTURE and Soaring Wood Trusses
  • STRUCTURE is Clear Span with +/- 16 Foot Minimum Clearance
  • 400 PERSON occupancy events permit and 4 Artist in Residence Live/Work Units, and a Coffee Shop (All Separately Metered)
  • LOCATED within proximity to DTLA Studio Production Sites (Call Broker for Details)
  • ENTERTAINMENT and Show Permit from the city of Los Angeles

Executive Summary

EXTREMELY RARE entitlements in place. STYLISHLY IMPROVED multi-use events and production facility with capacity for up to 400 guests, 4 Artist in Residence Live/Work Units, and a coffee shop. GREAT CREATIVE SPACE in the Heart of Downtown LA. CLEAR SPAN BUILDING with no interior columns. TWO STREET FRONTAGE - Olympic Boulevard and Porter Street. CONVENIENT ALLEY ACCESS for loading as well as pedestrian traffic. BEAUTIFUL EXPOSED BRICK structure and soaring wood trusses throughout. FULLY POWERED and sprinklered facility.
This property is also being offered as a portfolio sale with 1505-1515 South Santa Fe Ave.

Attachments

2345 East Olympic Blvd OM

Property Facts

Price $18,355,589 CAD Rentable Building Area 22,360 SF
Price Per SF $821 CAD No. Stories 1
Sale Type Investment or Owner User Year Built 1923
Property Type Industrial Parking Ratio 0.13/1,000 SF
Property Subtype
Warehouse
  • General Retail Freestanding
  • OfficeLoft Creative Space
  • Office Industrial Live Work Unit
 Clear Ceiling Height 28 ft
Building Class C No. Drive In / Grade-Level Doors 4
Lot Size 0.51 AC Opportunity Zone Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Price $18,355,589 CAD
Price Per SF $821 CAD
Sale Type Investment or Owner User
Property Type Industrial
Property Subtype
Warehouse
  • General Retail Freestanding
  • OfficeLoft Creative Space
  • Office Industrial Live Work Unit
Building Class C
Lot Size 0.51 AC
Rentable Building Area 22,360 SF
No. Stories 1
Year Built 1923
Parking Ratio 0.13/1,000 SF
Clear Ceiling Height 28 ft
No. Drive In / Grade-Level Doors 4
Opportunity Zone Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

Amenities

  • Skylights

Utilities

  • Lighting
  • Gas
  • Water
  • Sewer

Space Availability

  • Space
  • Size
  • Space Use
  • Condition
  • Available
  • 1st Fl - 2341
  • 8,121 SF
  • Industrial
  • Full Build-Out
  • 30 Days

This space is great for a showroom, events, a gallery, and light industrial uses. Features 8,121 SF total space includes 6,274 SF clear span area, mezzanine offices, storage area, and bathroom bank.

Space Size Space Use Condition Available
1st Fl - 2341 8,121 SF Industrial Full Build-Out 30 Days

1st Fl - 2341

Size
8,121 SF
Space Use
Industrial
Condition
Full Build-Out
Available
30 Days

1st Fl - 2341

Size 8,121 SF
Space Use Industrial
Condition Full Build-Out
Available 30 Days

This space is great for a showroom, events, a gallery, and light industrial uses. Features 8,121 SF total space includes 6,274 SF clear span area, mezzanine offices, storage area, and bathroom bank.

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2341-2345 E Olympic Blvd, Los Angeles, CA - aerial map view - Image1
2341-2345 E Olympic Blvd, Los Angeles, CA - aerial map view - Image2

PROPERTY TAXES

Parcel Number 5167-001-039 Improvements Assessment $2,861,324 CAD
Land Assessment $1,249,266 CAD Total Assessment $4,110,589 CAD

PROPERTY TAXES

Parcel Number
5167-001-039
Land Assessment
$1,249,266 CAD
Improvements Assessment
$2,861,324 CAD
Total Assessment
$4,110,589 CAD

zoning

Zoning Code LAM3, Los Angeles (Commercial Store Combination - Store & Residential)
LAM3, Los Angeles (Commercial Store Combination - Store & Residential)
(213) 225-7229

  • Listing ID: 22814181

  • Date on Market: 2021-04-22

  • Last Updated:

  • Address: 2341-2345 E Olympic Blvd, Los Angeles, CA 90021

The Industrial Property at 2341-2345 E Olympic Blvd, Los Angeles, CA 90021 is currently available For Sale. Contact Kidder Mathews for more information.

Industrial PROPERTIES IN NEARBY NEIGHBORHOODS

Nearby Listings

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2341-2345 E Olympic Blvd, Los Angeles, CA for sale Aerial- Image 1 of 21
2345 E Olympic - CoStar photo
2341-2345 E Olympic Blvd, Los Angeles, CA for sale Building Photo- Image 2 of 21
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2341-2345 E Olympic Blvd, Los Angeles, CA for sale Building Photo- Image 3 of 21
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2341-2345 E Olympic Blvd, Los Angeles, CA for sale Building Photo- Image 4 of 21
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2341-2345 E Olympic Blvd, Los Angeles, CA for sale Building Photo- Image 5 of 21
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2341-2345 E Olympic Blvd, Los Angeles, CA for sale Building Photo- Image 6 of 21
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2341-2345 E Olympic Blvd, Los Angeles, CA for sale Building Photo- Image 7 of 21
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2341-2345 E Olympic Blvd, Los Angeles, CA for sale Other- Image 8 of 21
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2341-2345 E Olympic Blvd, Los Angeles, CA for sale Other- Image 9 of 21
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2341-2345 E Olympic Blvd, Los Angeles, CA for sale Interior Photo- Image 10 of 21
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2341-2345 E Olympic Blvd, Los Angeles, CA for sale Interior Photo- Image 11 of 21
The-91-Club-2022-03-16-7056v2SMALL
2341-2345 E Olympic Blvd, Los Angeles, CA for sale Interior Photo- Image 12 of 21
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2341-2345 E Olympic Blvd, Los Angeles, CA for sale Interior Photo- Image 13 of 21
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2341-2345 E Olympic Blvd, Los Angeles, CA for sale Interior Photo- Image 14 of 21
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2341-2345 E Olympic Blvd, Los Angeles, CA for sale Interior Photo- Image 15 of 21
Interior Photo
2341-2345 E Olympic Blvd, Los Angeles, CA for sale Interior Photo- Image 16 of 21
Vortex-2022-03-16-6062v2LARGE
2341-2345 E Olympic Blvd, Los Angeles, CA for sale Interior Photo- Image 17 of 21
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2341-2345 E Olympic Blvd, Los Angeles, CA for sale Aerial- Image 18 of 21
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2341-2345 E Olympic Blvd, Los Angeles, CA for sale Floor Plan- Image 19 of 21
Floor Plan
2341-2345 E Olympic Blvd, Los Angeles, CA for sale Building Photo- Image 20 of 21
Plat Map

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Seller Financing Available at 3.875% | 2341-2345 E Olympic Blvd
(213) 225-7229 x

Seller Financing Available at 3.875% | 2341-2345 E Olympic Blvd

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Thomas Williams

(213) 225-7229

(213) 225-7229

Nick Arnst

(213) 225-7226

(213) 225-7226

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