Freeway-Fronting Commercial
For Sale
$3,995,000
3965 E Olympic Blvd, Los Angeles, CA 90023
A vacant, level parcel with commercial, residential, and mixed-use development possibilities under its stated land-use framework.
Property SizeContact for details
Days on Market11
Property Features for 3965 E Olympic Blvd
General Information
Standard status
Active
Property subtype
Land
Listing Agency:
Keller Williams Beverly Hills
(310) 432-6400
Listed By:
Dario Svidler · License #01884474
(424) 600-7633
Source:
Exprealty
Added: Sep 28
Changed: Oct 8
Last Checked: Oct 7 at 4:33PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams Beverly Hills
Investment Insights
Based on property information with market context.
This vacant, level commercial land offering spans approximately 1.27 acres on E. Olympic Boulevard. The property consists of two APNs: 5242-006-018 and 5242-006-005. Its primary designation is General Commercial (C-3), with approximately 10% of the site zoned R-3. The parcel falls within the Metro Area Plan’s East Los Angeles Community Standards District, under a development framework adopted in 2024.
The site extends along the block between Hicks Avenue and Ditman Avenue and borders the 5 Freeway near the Ditman Avenue ramps. Reported freeway traffic is approximately 237, 000 to 244, 000 vehicles per day. A bus stop is located directly in front of the property.
The stated land-use framework identifies commercial, residential, and mixed-use development possibilities. Some retail, restaurant, grocery, medical, and service uses are described as available by right, while others require a Conditional Use Permit.
The site extends along the block between Hicks Avenue and Ditman Avenue and borders the 5 Freeway near the Ditman Avenue ramps. Reported freeway traffic is approximately 237, 000 to 244, 000 vehicles per day. A bus stop is located directly in front of the property.
The stated land-use framework identifies commercial, residential, and mixed-use development possibilities. Some retail, restaurant, grocery, medical, and service uses are described as available by right, while others require a Conditional Use Permit.
Key Highlights
- Approximately 1.27‑acre vacant, level site
- Frontage along E. Olympic Boulevard from Hicks Ave. to Ditman Ave.
- Adjacent to the 5 Freeway near the Ditman Ave. eastbound onramp and offramp
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,360
Businesses Nearby
Explore this area
Business Placement
Demographics for 90023, CA
45,939
Population
12,319
Households
3.7
Avg Household Size
32
Median Age
10%
College-Educated
53%
High-School Grad
4.3 sq mi
ZIP Area
10,683
Density / Sq Mi
$56,623
Median Household Income
$30,967
Median Earnings
$1,414
Median Rent
$617,600
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - A vacant, level parcel with commercial, residential, and mixed-use development possibilities under its stated land-use framework.
Where is this commercial land located?
The property is located at 3965 E Olympic Blvd Los Angeles, CA.
What is the asking price?
The asking price for this property is $3,995,000.
What are key features of this property?
This property features: Approximately 1.27‑acre vacant, level site; Frontage along E. Olympic Boulevard from Hicks Ave. to Ditman Ave.; Adjacent to the 5 Freeway near the Ditman Ave. eastbound onramp and offramp
