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    3921 Olympic Blvd Los Angeles, CA 90023

    Sponsored
    For Lease
    $15 SF/Yr ($5,397 /Mo)

    Large warehouse, ideal for multiple uses.

    Lot size:
    4,318 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional Los Angeles property, located at 3921 E Olympic Blvd, 90023, offers a versatile warehouse space perfect for a variety of businesses. The building, constructed in 1956, boasts a total of 4,318 square feet, with 2,400 square feet currently available for lease. The space features a generous 16-foot ceiling height, providing ample room for storage or operations. The property is zoned LC M1 and is situated in Los Angeles County, offering convenient access to major transportation routes. The building consists of a single suite, currently under multiple tenancy. This presents a unique opportunity for a business seeking a substantial warehouse space in a prime Los Angeles location. The property's address is verified as 3921 E Olympic Blvd, Los Angeles, CA, with the APN 5242-008-013. The property type is classified as Retail, Industrial, and Special Purpose, with a subtype of Warehouse and Religious, reflecting its adaptability to diverse uses. This is a rare opportunity to secure a significant warehouse space in a thriving Los Angeles neighborhood. Inquire today to learn more about leasing this exceptional property.

    Property Features for 3921 Olympic Blvd

    General Information

    Property type
    Distribution properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    4,318 SF
    Total Rate
    5397.5

    Building Details

    Year Built
    1956

    Unit(s) available at that property

    Space
    Available Space
    Size
    2,400 SF
    Rate per SF
    $15

    HighLights

    • Excellent multi‑use warehouse space available for lease.
    • Suitable for warehouse, religious, retail, or market uses.
    • High‑traffic location near Indiana Street, with easy freeway access (1 mile west of the 710 and 3⁄4 mile south of the 60 freeways).
    • High visibility and signage opportunities.
    • Clean, open floor plan with 16‑foot ceilings, skylights, rear yard, and ample street parking.
    • 2,400 square feet available for $3,000/month ($1.25/SF, modified gross).
    Property Profile Location Intelligence

    Current Use by Public Records

    New Gajoo Frame Picture Frame Shop Orphan City Church Methodist Church

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Los Angeles
    County
    Los Angeles
    State
    California
    Longitude
    -118.1916422
    Latitude
    34.0190648

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    FAQs

    What type of property is this?
    Distribution property - Large warehouse, ideal for multiple uses.
    Where is this distribution property located?
    The property is located at 3921 Olympic Blvd Los Angeles, CA.
    What is the lease rate?
    The lease rate is $15 SF/Yr.
    What are key features of this property?
    This property features: Excellent multi-use warehouse space available for lease.; Suitable for warehouse, religious, retail, or market uses.; High-traffic location near Indiana Street, with easy freeway access (1 mile west of the 710 and 3⁄4 mile south of the 60 freeways).
    Request Owner's contact information
    3921 Olympic Blvd Los Angeles, CA 90023
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    3921 Olympic Blvd Los Angeles, CA 90023
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