4953 E Olympic Boulevard, Los Angeles, CA 90022

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Property Description

PB & Associates is pleased to present a prime corner property to use as a market and/or a development opportunity. The subject property is located at the corner of East Olympic Blvd and Frazer Avenue in unincorporated east Los Angeles. The present use of the commercial building is occupied by a business and the separate remodeled two-bedroom 1-bathroom house is tenant occupied. The lot is fully fenced, and the commercial building is fenced from the house. Owner-owned solar panels are included in the sale. LOCATION: This opportunity is in the heart of unincorporated East Los Angeles. The subject property is located at the signalized intersection of East Olympic Blvd. not far from Atlantic Blvd., 710 Fwy, 5 Fwy, and 60 Fwy. ZONING: The zoning of the property is C-M Commercial Manufacturing. The Buyer is advised to inquire with Los Angeles County Planning regarding their intended use and or condo development for the subject property. Don’t miss this opportunity to invest in the rapidly evolving and affordable East Los Angeles community.


Interior Features

Laundry Information
Location(s) Washer Hookup, Gas Dryer Hookup, Outside
Bedroom Information
Bedrooms N/A
Bathroom Information
Bathrooms N/A

Listing Information

Address 4953 E Olympic Boulevard
City Los Angeles
State CA
Zip 90022
County Los Angeles
Listing Agent MANUEL ONTIVEROS DRE #02023890
Courtesy Of PB & ASSOCIATES
List Price $1,100,000
Status Active Under Contract
Type Commercial
Subtype Industrial
Structure Size N/A
Lot Size 6,529
Year Built 1930

Listing information courtesy of: MANUEL ONTIVEROS, PB & ASSOCIATES. *Based on information from the Association of REALTORS/Multiple Listing as of Oct 23rd, 2024 at 3:35 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.