2807 Olive StLos Angeles, CA 90007

  • Manufacturing properties
  • 3,060 SF
For Sale
$1,537,200 View listing

Property Details for 2807 Olive St

Year built
1971
Construction
TILT-UP CONCRETE
Lot size
0.12 AC
Property size (Sq ft)
3,060 SF
Zone code
LAM1
Property type
Manufacturing properties
APN
5122-011-025
APU
5122011025

Description

This 3,660-square-foot industrial property in Los Angeles, CA (90007), is for sale for $1,537,200. Located on a 0.12-acre lot at 2807 S Olive St, this single-story, Class C building was constructed in 1971 and extensively renovated in 2017. The renovation included sewer line replacement, office space upgrades, and roof improvements. The property boasts a 17-foot ceiling height and features a secure yard with an automated gate and an EV charging station. Interior improvements include fresh paint throughout, energy-efficient LED lighting, and air conditioning in both the warehouse and showroom areas. The warehouse space, currently divided into a showroom and warehouse, offers flexibility for various uses. The showroom includes four offices (two ground floor, two second floor), a photography room, and two restrooms. The property is zoned M1 and has a parcel number of 5122-011-025. Hot water is available. This is a fantastic opportunity for businesses seeking a well-maintained, conveniently located industrial space with modern amenities. The property is offered as-is.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $1,014,820
    Hospitality
    $929,570
    Educational
    $773,391
    Medical
    $799,990
    Retail
    $1,203,053

Location Insight

City
Los Angeles
County
Los Angeles
State
California
Latitude
34.0241
Longitude
-118.273
CBSA code
31080
CBSA name
LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$12,802
$540,466
$483,574
$1,024,040
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