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3404 E Olympic Blvd

760 SF Industrial Building Los Angeles, CA 90023 $1,755,850 CAD ($2,310 CAD/SF)

Industrial Properties California Los Angeles 3404 E Olympic Blvd, Los Angeles, CA 90023

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.

Attachments

Professional Flyer_090624

Taxes & Operating Expenses (Actual - 2024) Click Here to Access

Annual (CAD) Annual Per SF (CAD)
Taxes - -
Operating Expenses - -
Total Expenses $99,999 $9.99

Taxes & Operating Expenses (Actual - 2024) Click Here to Access

Taxes (CAD)
Annual -
Annual Per SF -
Operating Expenses (CAD)
Annual -
Annual Per SF -
Total Expenses (CAD)
Annual $99,999
Annual Per SF $9.99

Property Facts

Price $1,755,850 CAD Rentable Building Area 760 SF
Price Per SF $2,310 CAD No. Stories 1
Sale Type Owner User Year Built 1954
Property Type Industrial Clear Ceiling Height 8 ft
Property Subtype
Manufacturing
  • General Retail Storefront Retail/Office
  • Industrial Distribution
  • Industrial Service
 No. Drive In / Grade-Level Doors 1
Building Class C 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.
Lot Size 0.07 AC
Price $1,755,850 CAD
Price Per SF $2,310 CAD
Sale Type Owner User
Property Type Industrial
Property Subtype
Manufacturing
  • General Retail Storefront Retail/Office
  • Industrial Distribution
  • Industrial Service
Building Class C
Lot Size 0.07 AC
Rentable Building Area 760 SF
No. Stories 1
Year Built 1954
Clear Ceiling Height 8 ft
No. Drive In / Grade-Level Doors 1
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.
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Walk Score ®
Very Walkable (82)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
Learn How It Works Detailed Scores

PROPERTY TAXES

Parcel Number 5190-035-001 Improvements Assessment $322,999 CAD
Land Assessment $276,857 CAD Total Assessment $599,856 CAD

PROPERTY TAXES

Parcel Number
5190-035-001
Land Assessment
$276,857 CAD
Improvements Assessment
$322,999 CAD
Total Assessment
$599,856 CAD

zoning

Zoning Code LAM2
LAM2
  • KP Chung
    KP Chung
  • MC Funding Inc.
(855) 915-4140

  • Listing ID: 33012372

  • Date on Market: 2024-08-30

  • Last Updated:

  • Address: 3404 E Olympic Blvd, Los Angeles, CA 90023

The Industrial Property at 3404 E Olympic Blvd, Los Angeles, CA 90023 is currently available For Sale. Contact MC Funding Inc. for more information.

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3404 E Olympic Blvd
(855) 915-4140 x

3404 E Olympic Blvd

KP Chung

(855) 915-4140

(855) 915-4140

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