4953 E Olympic Boulevard

Los Angeles , CA 90022

MLS#: MB24201582

$1,100,000

Status: Closed
Listing number: MB24201582
Listing provided by: PB & ASSOCIATES
Listing agent phone: None
Last update: 6 months ago
On site: 10 months ago
Browse Properties
Main image without alt text

Property

Beds

None

Full Baths

None

1/2 Baths

None

Year Built

1930

Sq.Footage

N/A

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.

Features & Amenities

Interior

  • Total Bedrooms

    N/A

  • Bathrooms

    N/A

Exterior

  • Garage

    No

  • Construction Materials

    Block, Concrete, Plaster, Stucco, Vinyl Siding

  • Pool

    No

Area & Lot

  • Lot Features

    Near Public Transit, Paved

  • Lot Size(acres)

    0.1499

  • Property Type

    Commercial Sale

  • Property Sub Type

    Industrial

Price

  • Sales Price

    $1,100,000

  • Sq. Footage

    N/A

  • Price/SqFt

    N/A

HOA

  • Association

    No

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • Stories

    1

Schedule a Showing

Showing scheduled successfully.

<
>
IN PERSON
VIA CHAT

Change time

Mortgage calculator

Estimate your monthly mortgage payment, including the principal and interest, property taxes, and HOA. Adjust the values to generate a more accurate rate.

Your payment

Principal and Interest:

$

Property taxes:

$

HOA fees:

$

Total loan payment:

$

Total interest amount:

$

Location

County

Los Angeles

Elementary School

Middle School

High School

Listing Courtesy of MANUEL ONTIVEROS , PB & ASSOCIATES

RealHub Information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. RealHub website owner shall not be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

Agent LinaMirza

FOUNDER

LinaMirza

Call Lina today to schedule a private showing.

(818) 321-0175

Lina@theosrealty.com


* Listings on this website come from the FMLS IDX Compilation and may be held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work please click here to review our DMCA policy and learn how to submit a takedown request.© 2024 FMLS.
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.

4953 E Olympic Boulevard

Message successfully sent.

What would you like to know?

Related Properties

New on site 2 days ago
Currently operating as a church, this property offers excellent potential for continued religious or community use, or future redevelopment opportunities—subject to City of Los Angeles approvals. The existing 3,044 SF structure features a welcoming sanctuary, administrative office, kitchen, and restrooms, with a flexible layout ideal for worship services, community programs, or nonprofit operations. Set back from the street and gated for privacy, the property offers both visibility and convenience with easy access to major thoroughfares. A private parking lot accommodates 8–10 vehicles. Located in the vibrant and evolving Westmont neighborhood of South LA, this site is surrounded by cultural richness, community pride, and long-standing neighborhood ties. Nearby amenities include local eateries, green spaces such as Jesse Owens Park, schools, and transportation hubs. The 105 and 110 freeways, as well as Metro Blue Line stations, are easily accessible—ideal for congregants, staff, or future residents. Whether you are a faith-based organization, nonprofit, or investor seeking to make a lasting impact, this property offers both immediate functionality and long-term potential. Buyers to verify all zoning and use possibilities with the City of Los Angeles. Property to be sold as-is.
#SR25186195

Los Angeles

2056 E 103rd Street

None Beds

None Baths

3,011 Sq.Ft.

$1,199,999

MLS#: SR25186195

New on site 4 days ago
Commercial property ready to be taken over by a new owner and run their own business, or take this one. Long-existing cabinet shop with extensive local clientele, as well as very well known and trusted among the general contractors marketplace. Over 1700. square feet of space to operate your business, and over 7400 square feet of lot, the ability to modify this space and accommodate your particular needs for your business. Great opportunity to own a building with exposure to the public and moving traffic. Desirable corner lot with access to the interior from both sides. Currently, it is owner-operated, as well as 2 tenants rent part of the space. The property has a private office with a half bath, two separate spaces to run different departments of a business, and an open area for operation and a showroom at the front for products. Low-cost operation for any business with some electrical upgrades.
#RS25185448

Los Angeles

8132 S Central Avenue

None Beds

None Baths

7,451 Sq.Ft.

$975,000

MLS#: RS25185448

Great income property for investors with 3 auto mechanic professional stores on property, one being an auto glass store, one is smog check shop, and 3rd is auto repair shop. All tenants are good long term tenants. Property also has a billboard ad that pays every month. Total income for all 3 shops and billboard is $5000/month. Owner never raised tenants rent so new owner can sign new lease with tenants for much higher rent rates. Location is in prime location with tons of traffic. Property has never had vacancy. Dont miss out on this investment opportunity !
#PW25180032

Los Angeles

640 E Manchester Avenue

None Beds

None Baths

2,568 Sq.Ft.

$1,050,000

MLS#: PW25180032

Investor's Dream - 6-Unit Income Property 1114 W 105th St, Los Angeles, CA 90044 Unlock a rare opportunity to own a fully occupied value-add 6-unit apartment building in one of Los Angeles' strongest rental pockets. Built in 1989, this no-rent-control property subject to AB-1482 only sits on a large lot and features a highly desirable unit mix consisting of two 3 bedroom 2 bathroom units, two 2 bedroom 1 bathroom units one of which can be delivered vacant, and two 1 bedroom 1 bathroom units. All units are renovated with upgraded kitchens, updated bathrooms, and modern tile flooring throughout. Additional features include three two-car garages with new doors that offer excellent parking or storage options, plus one assigned parking space per unit. The property has six gas meters, seven electric meters, and six new tankless water heaters. There is potential for an on-site laundry area. A recently installed roof adds value and peace of mind. With scheduled rent increases, this building presents strong upside potential and long-term cash flow growth. Located minutes from LAX, South Bay, BMO Stadium, and Downtown LA, this is a prime rental location. The seller is motivated and offering the property in as-is condition. Buyer to cooperate with seller's 1031 exchange. Do not miss this opportunity to acquire a high-performing Los Angeles asset.
#CV25178556

Los Angeles

1114 W 105th Street

None Beds

None Baths

5,288 Sq.Ft.

$1,250,000

MLS#: CV25178556

Rare opportunity to acquire a well-established noodle manufacturing facility in the heart of Los Angeles. Situated on a high-traffic commercial corridor near the 10 & 710 Freeways, this property offers excellent visibility, accessibility and functional layout for food production or industrial use. - Lot size: Approx. 4,250 SF - Building size: approx. 2,250 SF - Including 4-5 noodle-making machines, 4 large commercial freezers and 2 restrooms - Zoned for light industrial/food processing use - Property, Business and equipment included in the sale - 8-9 Parking space Owner retiring - great opportunity for investors or food entrepreneurs
#AR25175772

Los Angeles

5146 5148 Valley Boulevard

None Beds

None Baths

2,250 Sq.Ft.

$1,000,000

MLS#: AR25175772

Located in the heart of Korea Town this Charming 5 -unit Commercial complex features a great mix of residential properties amongst three separate structures on a High Density R-4-1 Zone with Upside potential . Four Bungalow style homes approximately 450 sq ft each and a Large 2 bedroom 1 bath Craftsman house at rear boasting approximately 1128sq ft of living space . Amenities include a large basement at rear that owner uses as a rumpus room and work shed , plenty of common area for tenants and low maintenance on landscaping . These units are Fully occupied providing immediate rental income for the savvy investor . Property boast a competitive cap rate of 5.5% reflecting a strong income potential and investment viability in a rapidly growing neighborhood. Half a block south of Olympic blvd. within walking distance of Hannam chain market , Berendo Highschool and public transportation just to name a few
#MB25170536

Los Angeles

1050 S Berendo Street

None Beds

None Baths

2,928 Sq.Ft.

$1,199,999

MLS#: MB25170536

Discover an excellent mixed-use investment opportunity in the heart of Southeast Los Angeles. This versatile property features a total of 5 income-producing units with a combination of retail and residential spaces, perfect for an owner-user or investor seeking steady rental income with future upside. Property Highlights: 2 Commercial Storefronts (Downstairs) Currently leased to stable tenants: a market and a nutrition center 3 Residential Apartments (Upstairs) One 1-bedroom unit Two 2-bedroom units Separate Meters: Each unit is separately metered for utilities Current Gross Monthly Income: $6,600/month Building Condition: Vintage charm with opportunity for upgrades — no central AC and interiors are mostly original, offering great value-add potential Zoning: Ideal for mixed-use, live/work, or small business with on-site housing Location: High-visibility street with consistent foot traffic and convenient access to transit corridors, local businesses, and community amenities Perfect for investors looking for reliable cash flow, future renovation upside, or an opportunity to reposition in a growing neighborhood.
#DW25169717

Los Angeles

5426 Compton Avenue

None Beds

None Baths

4,374 Sq.Ft.

$899,900

MLS#: DW25169717

Investment Opportunity - Below Market Value Commercial Property, Urban Development Zone in Los Angeles. Property is located on the corner of 76th Street and South Alameda Street. Property was involved in a fire and has fire damage. It has been cleaned up but buyer to conduct their own due diligence. This location offers Prime corner lot in a rapidly transforming urban development corridor. Close proximity to major freeways, transportation hubs, and key industrial infrastructure. Ideal for redevelopment into logistics, mixed-use, light industrial, or creative commercial space
#SR25164878

Los Angeles

7601 S Alameda Street

None Beds

None Baths

4,096 Sq.Ft.

$1,300,000

MLS#: SR25164878

MORE is pleased to present 9128-9130 Menlo Ave, Los Angeles, CA 90044 a rare, 2010-built duplex in South LA offering immediate income potential, strong long-term returns, and future redevelopment upside. This fully detached property includes two large 4-bedroom, 2-bathroom units totaling 2,546 SF, situated on a 5,203 SF lot (APN: 6039-001-043). Both units have been recently renovated and feature new flooring, fresh carpet, interior paint, brand new water heaters, and in-unit laundry hookups. This flexible layout is perfect for an owner-occupant to live in one unit while leasing the other, or for an investor seeking reliable rental income and long-term upside. A long driveway leads to a detached 2-car garage with ADU potential, creating further development opportunity. The property is zoned R2-1 and located in a TOC Tier 3 zone, which may allow for increased density and favorable entitlements. Located just minutes from the 110 Freeway, the property offers excellent access to Sofi Stadium, YouTube Theatre, Intuit Dome, Hollywood Park, and Edward Vincent Park. Major educational and cultural institutions such as USC, Exposition Park, the LA Coliseum, and Banc of California Stadium are just a few miles away. Downtown Los Angeles, the Crypto.com Arena, and the LA Convention Center are approximately 5.5 miles northeast. Offered for sale in as-is condition. DO NOT DISTURB TENANTS. Showings by appointment only with accepted offer. All offers must include proof of funds. Buyer is encouraged to independently verify the accuracy of any information through inspection(s), due diligence, and professionals. Broker and Agent do not guarantee the accuracy of any information concerning the size, condition, financials, or features of said property. Buyer to conduct their own due diligence and investigation of the property. Buyer and Buyer's agent to verify all information regarding the property to their full and complete satisfaction.
#25567401

Los Angeles

9128 Menlo Avenue

None Beds

None Baths

2,546 Sq.Ft.

$1,000,000

MLS#: 25567401

Charming Commercial Building in Prime Mid-City Location! Great opportunity to own a free-standing commercial building in the heart of Los Angeles. This 1,600 sq ft single-story space is situated on a 2,322 sq ft lot along high-traffic Venice Blvd, offering excellent visibility and signage potential. Zoned for commercial use, the property is ideal for office, retail, salon, or creative business. Originally built in 1949, the structure maintains its classic character with flexibility for modern updates. Surrounded by vibrant businesses and centrally located near Miracle Mile, Culver City, and major transportation routes. Perfect for owner-user or investor looking for long-term upside. Buyer to verify all zoning, usage, and permits.
#25567137

Los Angeles

5812 Venice Boulevard

None Beds

None Baths

1,600 Sq.Ft.

$1,200,000

MLS#: 25567137

- property

Send a message

Message successfully sent.

Your message

Reason for contacting?

Sign Out

Virtual Assistant

Would you like to receive some additional information on this specific property or similar properties?

Yes, I would like more information.

Thank You for Your Reply, One of Our Agents will contact you as soon as possible

No, maybe later.

Thank you, you can always contact me via email, phone number or through the contact form.

Realhub AI

Lucy - Your AI-Powered Realtor

Update Your Temporary Password

Personalize your search

Enter your email and we'll notify you immediately when new listings match what you're looking for.

or enter email address

Already have an account ? Login here

Continue your home search

Already have an account ? Login here