4601 E Olympic Boulevard East Los Angeles, CA $ 749,900
4601 E Olympic Boulevard
$ 749,900
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4601 E Olympic Boulevard

East Los Angeles, CA, 90022
$ 749,900
Baths0.0 Sq 1,446

Monthly Estimate*

$ 4,984

Listed by Circa Properties, Inc.
4601 E Olympic Boulevard, East Los Angeles, CA 90022 - Image 1
4601 E Olympic Boulevard, East Los Angeles, CA 90022 - Image 2
4601 E Olympic Boulevard, East Los Angeles, CA 90022 - Image 3
4601 E Olympic Boulevard, East Los Angeles, CA 90022 - Image 4
4601 E Olympic Boulevard, East Los Angeles, CA 90022 - Image 5
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4601 E Olympic Boulevard, East Los Angeles, CA 90022 - Image 7
4601 E Olympic Boulevard, East Los Angeles, CA 90022 - Image 8
4601 E Olympic Boulevard, East Los Angeles, CA 90022 - Image 9
4601 E Olympic Boulevard, East Los Angeles, CA 90022 - Image 10
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4601 E Olympic Boulevard, East Los Angeles, CA 90022 - Image 12
4601 E Olympic Boulevard, East Los Angeles, CA 90022 - Image 13
Studio

Commercial Property for sale in East Los Angeles, CA

for $749,900. This 1,446 square foot building was built in 1922 on a lot size of 0.0435.

4601 E. Olympic Blvd. - This corner lot is situated on a bustling thoroughfare, offering immense potential for various development opportunities. Currently, the property features 3 retail units and an open-air lot adjacent to the building. These structures present an excellent foundation for enhancing the existing businesses or embarking on new ventures that would benefit the vibrant surrounding neighborhood. As an added bonus, the property generates additional income through a strategically placed billboard. Conveniently located near major freeways, this property provides quick access to downtown Los Angeles, making it an attractive investment for both local and commuter-focused enterprises. 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

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Commercial Active

Price

$ 749,900

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 0

Style

Retail

Lot Size

0.0435

Year Built

1922

Town/City

East Los Angeles

County/Region

Los Angeles

MLS | Web ID

PW23019001

Days on Market

464

Features
General
Heating WallFurnace
Cooling None
Utilities SewerAvailable SewerConnected WaterAvailable WaterConnected
Roof Composition Flat RolledHotMop
Zoning LCM1
Construction Materials WoodSiding
Exclusions Tenants personal belongings
Year Built 1922
Electric Standard
Property SubType Retail
Tax Year 2022
Business Type Commercial ConvenienceStore Retail
County Los Angeles
Insurance Expense 976.0
New Construction N
Property Type CommercialSale
HOA / Comm Assn N
Attached Garage N
Garage Y/N N
Special Listing Conditions Trust
Status Active
Directions 5 freeway (N) Exit Eastern Ave. (L) on Telegraph Rd. (R) on Duncan ave. Rt hand side
City East Los Angeles
View Y/N N
Senior Community Y/N N
Open Parking Spaces 0.0
Total Units 3
MLS Area ELA - East Los Angeles
Lot Size Square Feet 1893.0
Private Pool N
Waterfront Y/N N
Carport Spaces 0.0
Carport Y/N N
Number of Units Leased 3
Street Name Olympic
Listing Terms Cash CashtoNewLoan Item1031Exchange
Property Attached Y/N N
Land Lease Y/N N
Home Warranty Y/N N
Water Sewer Expense 900.0
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Days on Market 433
Building Area Units SquareFeet
Standard Status Active
Occupancy Type Tenant
Year Built Source PublicRecords
Property Sub Type Additional Retail
Expected Active Date 2023-02-16
Cap Rate 3.9
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Exterior
Fencing ChainLink
Lot Features CornerLot Level NearPublicTransit RectangularLot StreetLevel
Water Source Public
Total Parking 0.0
Lot Size Area 1893.0
Number of Buildings 2
Spa N
Building Area Total 1446.0
Lot Dimensions 1893
Lot Size Acres 0.0435
Lot Size Units SquareFeet
Lot Size Source Assessor
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Total Stories 1
Basement (Y/N) N
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N N
Street Suffix Boulevard
Laundry Features None
Electric On Property Y/N N
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Internal Only
Street Number 1 4601
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* Excluded Features
List By
Circa Properties, Inc.

Broker

(714) 203-6814

Phone

Affordability Calculator

$4,984
Per Month
100%
0%
0%
Monthly Principal & Interest
$4,984
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Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
273443 Elementary School
272636 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/24/2024$749,900 -9.10% Price Down
7/26/2023$825,000 -8.33% Price Down
2/16/2023$900,000 Listed Price

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4601 E Olympic Boulevard, East Los Angeles, CA, 90022 is a Commercial Property for sale at $749,900 with 1,446 sqft and a lot size of 0.0435. 4601 E Olympic Boulevard is a studio with 0.0 baths and was built in 1922. The property's zip code is 90022 which is in East Los Angeles, CA