3921 Olympic BlvdLos Angeles, CA 90023

Property Details for 3921 Olympic Blvd

Year built

1952

Construction

WOOD

Lot size

0.12 AC

Property size (Sq ft)

4,318 SF

Zone code

LCM1*

Property type

Retail properties

Property subtype

Retail space

APN

5242-008-013

APU

5242008013

Description

This exceptional Los Angeles property, located at 3921 E Olympic Blvd, 90023, offers a versatile warehouse space perfect for a variety of businesses. The building, constructed in 1956, boasts a total of 4,318 square feet, with 2,400 square feet currently available for lease. The space features a generous 16-foot ceiling height, providing ample room for storage or operations. The property is zoned LC M1 and is situated in Los Angeles County, offering convenient access to major transportation routes. The building consists of a single suite, currently under multiple tenancy. This presents a unique opportunity for a business seeking a substantial warehouse space in a prime Los Angeles location. The property's address is verified as 3921 E Olympic Blvd, Los Angeles, CA, with the APN 5242-008-013. The property type is classified as Retail, Industrial, and Special Purpose, with a subtype of Warehouse and Religious, reflecting its adaptability to diverse uses. This is a rare opportunity to secure a significant warehouse space in a thriving Los Angeles neighborhood. Inquire today to learn more about leasing this exceptional property.

• CAP approach

  CAP return

  Valuation

  6%

  $1,823,540

  6.5%

  $1,683,267

  7%

  $1,563,034

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,069,199

  Geo Method

  $2,069,199

• Alternative Use

  Use

  Valuation

  Residential

  $1,419,899

  Hospitality

  $1,300,620

  Educational

  $1,082,100

  Medical

  $1,119,315

  Retail

  $1,683,267

Location Insight

City

Los Angeles

County

Los Angeles

State

California

Latitude

34.0191

Longitude

-118.192

CBSA code

31080

CBSA name

LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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