For Sale
$4,200,000

3431-3433 Olympic BlvdLos Angeles, CA 90023

Prime LA location, 13,775 SF, $4.2M

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional freestanding retail and office building, located at 3431-3433 E Olympic Blvd in Los Angeles, CA 90023, presents a unique investment opportunity. Boasting 13,775 square feet on a 0.36-acre lot, this property offers a compelling blend of commercial uses. Built in 1936 and zoned M1-1-CUGU, it features two drive-in doors, one grade-level door, and substantial 400-amp power. The building includes approximately 2,000 square feet of mezzanine space, adding valuable versatility. A recently renovated office space enhances its appeal. Ten parking spaces are available within a gated area, a significant advantage in this location. This property is further distinguished as the only building in the area with a dock-high position. Conveniently situated near the intersection of Spence Street and E Olympic Boulevard, it provides easy access to major freeways including the 5, 10, 60, 101, and 710. The asking price is $4,200,000, translating to $304.90 per square foot. This is a gross lease property. The property's location within the Central Business District (CBD) offers exceptional visibility and accessibility. The Los Angeles County Assessor's Parcel Number (APN) is 5190019034.

Highlights

  • $4,200,000 asking price.
  • 13,775 square foot retail and office building.
  • Gross lease.
  • $304.90 per square foot.
  • 1936 construction.
  • M1-1-CUGU zoning.

Property Details for 3431-3433 Olympic Blvd

Property type
Retail properties, Office properties
Square Feet
13,775 SF
Year Built
1936
Lot Size (sq. ft)
15,682 SF

Location Insight

City
Los Angeles
County
Los Angeles
State
California
Latitude
34.0190011
Longitude
-118.2039816
3431-3433 Olympic Blvd, Los Angeles, California

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3431-3433 Olympic Blvd
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