PB & Associates is pleased to present a prime corner property to use as a market and/or a development opportunity. The subject property is located at the corner of East Olympic Blvd and Frazer Avenue in unincorporated east Los Angeles. The present use of the commercial building is occupied by a business and the separate remodeled two-bedroom 1-bathroom house is tenant occupied. The lot is fully fenced, and the commercial building is fenced from the house. Owner-owned solar panels are included in the sale. LOCATION: This opportunity is in the heart of unincorporated East Los Angeles. The subject property is located at the signalized intersection of East Olympic Blvd. not far from Atlantic Blvd., 710 Fwy, 5 Fwy, and 60 Fwy. ZONING: The zoning of the property is C-M Commercial Manufacturing. The Buyer is advised to inquire with Los Angeles County Planning regarding their intended use and or condo development for the subject property. Don’t miss this opportunity to invest in the rapidly evolving and affordable East Los Angeles community.
MLS# | MB24201582 |
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Listing Type | For Sale |
Style | Industrial |
Sub-Type | Resale |
Status | Active Under Contract |
Year | 1930 |
Days On Site | 40 |
Listing Provided By | PB & ASSOCIATES 805-310-5430 | MANUEL ONTIVEROS |
SQ Feet | 2,983 |
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Story(s) | 1 |
Units | 2 |
Building(s) | 2 |
Zoning | LC-M |
Acreage | 0.15 |
State | CA |
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County | Los Angeles |
City | Los Angeles |
Zip Code | 90022 |
Area | BOYH Boyle Heights |
Listing VS Median (in 90022) | |
Price: $1,100,000 low | high Med: $912,500 SqFt: 2,983 low | high Med: 2,987 $ / SqFt: $369 low | high Med: $306 On Site: 40 low | high Med: 48.500000 |