3431-3433 Olympic BlvdLos Angeles, CA 90023

Property Details for 3431-3433 Olympic Blvd

Year built

1936

Lot size

0.36 AC

Property size (Sq ft)

13,775 SF

Property type

Retail properties

Property subtype

Other retail properties

Description

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.

Location Insight

City

Los Angeles

County

Los Angeles

State

California

Latitude

34.019

Longitude

-118.204

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