4211 E Olympic Boulevard

Los Angeles , CA 90023

MLS#: SR25232578

$699,000

Status: Active
Listing number: SR25232578
Listing provided by: Rodeo Realty
Listing agent phone: None
Last update: a day ago
On site: 6 days ago
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Property

Beds

None

Full Baths

None

1/2 Baths

None

Year Built

1922

Sq.Footage

N/A

Multiple offers. Deadline for 'best & final' offers is Thursday, Oct. 16th at 5 pm. Trust Sale, COURT CONFIRMATION REQUIRED. Multiple offers. Excellent development or investment opportunity on a substantial 13,518 sq ft lot zoned LCM1. The property includes a functioning grocery store and a butcher shop that is sublet by the grocery tenant. The current lease for the grocery store expired in 2022, and it is highly advisable for prospective buyers to review all lease agreements and terms. This versatile property offers significant potential for the highest and best use, whether for redevelopment, retail expansion, or other commercial/industrial uses permissible under LCM1 zoning. The lot's size and zoning provide flexibility for various development visions, making it an attractive opportunity for investors or developers seeking to capitalize on a strategic location. The property is being sold AS IS, with easy access for showings. This is a rare chance to acquire a well-located parcel with substantial upside potential in a high-traffic area, suitable for buyers with redevelopment visions or those looking for a solid income-producing asset.

Features & Amenities

Interior

  • Total Bedrooms

    N/A

  • Bathrooms

    N/A

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Pool

    No

Area & Lot

  • Lot Features

    Corner Lot

  • Lot Size(acres)

    0.3103

  • Property Type

    Commercial Sale

  • Property Sub Type

    Retail

Price

  • Sales Price

    $699,000

  • 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

  • Water Source

    Public

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Location

County

Los Angeles

Elementary School

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Listing Courtesy of Susan Bernstein , Rodeo Realty

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(818) 321-0175

Lina@theosrealty.com


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Multiple offers. Deadline for 'best & final' offers is Thursday, Oct. 16th at 5 pm. Trust Sale, COURT CONFIRMATION REQUIRED. Multiple offers. Excellent development or investment opportunity on a substantial 13,518 sq ft lot zoned LCM1. The property includes a functioning grocery store and a butcher shop that is sublet by the grocery tenant. The current lease for the grocery store expired in 2022, and it is highly advisable for prospective buyers to review all lease agreements and terms. This versatile property offers significant potential for the highest and best use, whether for redevelopment, retail expansion, or other commercial/industrial uses permissible under LCM1 zoning. The lot's size and zoning provide flexibility for various development visions, making it an attractive opportunity for investors or developers seeking to capitalize on a strategic location. The property is being sold AS IS, with easy access for showings. This is a rare chance to acquire a well-located parcel with substantial upside potential in a high-traffic area, suitable for buyers with redevelopment visions or those looking for a solid income-producing asset.

4211 E Olympic Boulevard

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