3404 E Olympic Blvd 760 SF Industrial Building Los Angeles, CA 90023 $1,594,820 CAD ($2,098.45 CAD/SF)



INVESTMENT HIGHLIGHTS
- Heavy traffic throughout the day
- Easy access to freeways
- One of the few remaining industrially zoned properties in Los Angeles
- Easy access to Los Angeles Downtown
EXECUTIVE SUMMARY
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.
PROPERTY FACTS
1 of 1
Walk Score®
Very Walkable (82)
PROPERTY TAXES
Parcel Number | 5190-035-001 | Improvements Assessment | $329,168 CAD |
Land Assessment | $282,144 CAD | Total Assessment | $611,313 CAD |
ZONING
Zoning Code | LAM2 (Heavy Manufacturing) |