4601 E Olympic BLVD East Los Angeles, CA 90022
1,446 SqFt
UPDATED:
09/30/2024 06:44 PM
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
Square Footage 1,446 sqft
Price per Sqft $518
MLS Listing ID PW23019001
HOA Y/N No
Year Built 1922
Tax Year 2022
Lot Size 1,894 Sqft
Acres 0.0435
Lot Dimensions Public Records
Property Description
4611 E. Olympic Blvd. - Nestled along a dynamic thoroughfare in the heart of East Los Angeles, this expansive mixed-use property is a prime investment opportunity. The location offers easy access to nearby freeways, schools, shops, and an array of local eateries, enhancing its appeal for residents and businesses alike. The property comprises two detached residential units, each boasting 2 bedrooms and 1 bathroom, providing attractive options for potential renters or homeowners seeking an urban lifestyle. Toward the east end of the property, a charming bakery adds character and potential for additional income streams. With its strategic positioning and diverse potential uses, this property stands as a promising choice for investors looking to capitalize on the dynamic energy of East Los Angeles. This property’s 4601 E. Olympic (PW23019001) and 4611 E. Olympic Blvd.(PW23019013) are to be sold together
Location
State CA
County Los Angeles
Area Ela - East Los Angeles
Zoning LCM1
Rooms
Ensuite Laundry None
Interior
Laundry Location None
Heating Wall Furnace
Cooling None
Fireplace No
Laundry None
Exterior
Fence Chain Link
Utilities Available Sewer Available, Sewer Connected, Water Available, Water Connected
Roof Type Composition,Flat,Rolled/Hot Mop
Building
Lot Description Corner Lot, Level, Near Public Transit, Rectangular Lot, Street Level
Story 1
Water Public
Others
Tax ID 5246007038
Acceptable Financing Cash, Cash to New Loan, 1031 Exchange
Listing Terms Cash, Cash to New Loan, 1031 Exchange
Special Listing Condition Trust
The Wilkas Group - Lenore & Alexander Wilkas
Real Estate Advisors | License ID: 01343201 & 01355442