15
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$699,000
Est. payment /mo
0.31 Acres Lot
Active
4211 E Olympic BLVD Los Angeles, CA 90023
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Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
MLS Listing ID SR25232578
HOA Y/N No
Year Built 1922
Lot Size 0.310 Acres
Property Sub-Type Retail
Property Description
Multiple offers. Deadline for 'best & final' offers is Thursday, Oct. 16th at 5 pm. Trust Sale, COURT CONFIRMATION REQUIRED. Multiple offers. Excellent development or investment opportunity on a substantial 13,518 sq ft lot zoned LCM1. The property includes a functioning grocery store and a butcher shop that is sublet by the grocery tenant. The current lease for the grocery store expired in 2022, and it is highly advisable for prospective buyers to review all lease agreements and terms.
This versatile property offers significant potential for the highest and best use, whether for redevelopment, retail expansion, or other commercial/industrial uses permissible under LCM1 zoning. The lot's size and zoning provide flexibility for various development visions, making it an attractive opportunity for investors or developers seeking to capitalize on a strategic location.
The property is being sold AS IS, with easy access for showings. This is a rare chance to acquire a well-located parcel with substantial upside potential in a high-traffic area, suitable for buyers with redevelopment visions or those looking for a solid income-producing asset.
This versatile property offers significant potential for the highest and best use, whether for redevelopment, retail expansion, or other commercial/industrial uses permissible under LCM1 zoning. The lot's size and zoning provide flexibility for various development visions, making it an attractive opportunity for investors or developers seeking to capitalize on a strategic location.
The property is being sold AS IS, with easy access for showings. This is a rare chance to acquire a well-located parcel with substantial upside potential in a high-traffic area, suitable for buyers with redevelopment visions or those looking for a solid income-producing asset.
Location
State CA
County Los Angeles
Area Boyh - Boyle Heights
Interior
Fireplace No
Laundry Inside
Building
Lot Description Corner Lot
Story 1
Water Public
Others
Tax ID 5241003018
Acceptable Financing Cash, Cash to New Loan, Court Approval
Listing Terms Cash, Cash to New Loan, Court Approval
Special Listing Condition Trust
Listed by Susan Bernstein Rodeo Realty 818 613-2468
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