3431-3433 Olympic Blvd Los Angeles, CA 90023
- Retail properties
- 13,775 SF
- 0.36 lot acres
Current Use by Public Records
- Retail properties
Property Details for 3431-3433 Olympic Blvd
- Year built
- 1936
- Lot size
- 0.36 lot acres
- Property size
- 13,775 SF
- Property type
- Retail properties
- Property subtype
- Office Properties & Spaces
Description
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.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Los Angeles
- County
- Los Angeles
- State
- California
- Longitude
- -118.204
- Latitude
- 34.019
