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5335 E Olympic Boulevard

East Los Angeles, CA 90022
  • $2,300,000
  • STATUS: Active
  • ON SITE: 173 Days
  • ID#: CV21254351
UPDATED: 64 min ago
$2,300,000
  • 0
    BEDS
  • 0.22
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1962
County:

School Ratings & Info

Listing Agent(s): Carlos Valenzuela Rivas of Civar Realty Advisors (626-703-1586)


Description

This great acquisition offers 20 units all for office use. Property features 7,333 sf within the two story structure along with 20 restrooms and 17 parking spaces. This investment is perfect for an investor with a great vision to convert the building into a Motel, Apartment Complex, or mix use project. Investment site is locally adjacent to the high foot traffic Atlantic Blvd and Olympic Blvd. With tons of street visibility this is a one of kind opportunity to increase a great return on your investment.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2022-05-16T14:31:41.08. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Alvarado Brothers | Ever Stewart Alvarado Broker. Licensed in the State of California, USA.
www.thealvaradobrothers.com/homes/123516715
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5335 E Olympic Boulevard East Los Angeles, CA 90022

  • Price: $2,300,000
  • Status: Active
  • On Site: 173 Days
  • Updated: 64 min ago
  • ID#: CV21254351
0
Beds
0
Baths
0
½ Baths
0.22
Acres
1962
Built
Neighborhood:
ELA - East Los Angeles
County:
Los Angeles
Area:
ELA - East Los Angeles
Property Description
This great acquisition offers 20 units all for office use. Property features 7,333 sf within the two story structure along with 20 restrooms and 17 parking spaces. This investment is perfect for an investor with a great vision to convert the building into a Motel, Apartment Complex, or mix use project. Investment site is locally adjacent to the high foot traffic Atlantic Blvd and Olympic Blvd. With tons of street visibility this is a one of kind opportunity to increase a great return on your investment.
Exterior Features

Fencing Wrought Iron Lot Features Corner Lot Roof See Remarks Sign On Property YN No

Interior Features

Cooling See Remarks Cooling YN Yes Heating See Remarks Heating YN Yes

Property Features

Additional Parcels YN No Business Type AccountingAdvertisingCommercialDance StudioFinancialGovernmentHotel/MotelMedicalMixedMulti-TenantMusicProfessional/OfficeProfessional ServiceReal Estate Common Interest None Gross Scheduled Income 113100 Laundry Features See Remarks Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms 1031 Exchange Number Of Units Leased 9 Property Sub Type Office Special Listing Conditions Standard Tax Annual Amount 34500 Tax Year 20 Utilities See Remarks Water Source Public Zoning Lcc3*



Based on information from California Regional Multiple Listing Service, Inc. as of 2022-05-16T14:31:41.08. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Alvarado Brothers | Ever Stewart Alvarado Broker. Licensed in the State of California, USA.
 
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The Alvarado Brothers | Ever Stewart Alvarado Broker
1800 N Bristol St, Suite C135
Santa Ana CA, 92706
Listing Agent(s): Carlos Valenzuela Rivas of Civar Realty Advisors (626-703-1586)