3431-3433 Olympic Blvd Los Angeles, CA 90023
This exceptional freestanding retail and office building, located at 3431-3433 E Olympic Blvd in Los Angeles, CA 90023, presents a unique investment opportunity. Boasting 13,775 square feet on a 0.36-acre lot, this property offers a compelling blend of commercial uses. Built in 1936 and zoned M1-1-CUGU, it features two drive-in doors, one grade-level door, and substantial 400-amp power. The building includes approximately 2,000 square feet of mezzanine space, adding valuable versatility. A recently renovated office space enhances its appeal. Ten parking spaces are available within a gated area, a significant advantage in this location. This property is further distinguished as the only building in the area with a dock-high position. Conveniently situated near the intersection of Spence Street and E Olympic Boulevard, it provides easy access to major freeways including the 5, 10, 60, 101, and 710. The asking price is $4,200,000, translating to $304.90 per square foot. This is a gross lease property. The property's location within the Central Business District (CBD) offers exceptional visibility and accessibility. The Los Angeles County Assessor's Parcel Number (APN) is 5190019034.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.