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4729 E Olympic Boulevard

Los Angeles (City), CA 90022
  • $1,050,000
  • STATUS: Active
  • ON SITE: 61 Days
  • ID#: 23318921
UPDATED: 44 min ago
$1,050,000
  • 0
    BEDS
  • 0.1
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1923
County:

School Ratings & Info

Listing Agent(s): Armin Soleimani of Global Platinum Properties, Inc. (818-524-0706) and Julio Ruiz of Global Platinum Properties, Inc.(818-524-0706)


Description

This opportunity presents a truly enticing prospect for astute investors or owner users seeking to secure an exceptional mixed-use property in the vibrant heart of East Los Angeles. The subject property boasts a prime location on the prominent corner of Olympic Blvd. and Kern Ave., ensuring unmatched visibility and foot traffic. Anchored by an established retail restaurant, this thriving business offers not only consistent income but also immense potential for growth in this bustling neighborhood. Complementing this commercial space is a thoughtfully laid-out single-family residence featuring three bedrooms and two bathrooms, providing prospective owners with the added advantage of residing onsite if desired. Currently leased on a month-to-month basis, both units offer flexibility for investors to explore various options while enjoying rental income streams from day one. With its ideal positioning at such a sought-after intersection, discerning investors or owner users can capitalize on the boundless opportunities presented by this singular East LA gem without compromising professional ambitions or personal aspirations.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2023-12-08T09:30:29.753. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Nelson Team | American Home Realty. Licensed in the State of California, USA.
www.nelsonteamrealestate.com/homes/144188358
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4729 E Olympic Boulevard Los Angeles (City), CA 90022

  • Price: $1,050,000
  • Status: Active
  • On Site: 61 Days
  • Updated: 44 min ago
  • ID#: 23318921
0
Beds
0
Baths
0
½ Baths
0.1
Acres
1923
Built
Neighborhood:
ELA - East Los Angeles
County:
Los Angeles
Area:
ELA - East Los Angeles
Property Description
This opportunity presents a truly enticing prospect for astute investors or owner users seeking to secure an exceptional mixed-use property in the vibrant heart of East Los Angeles. The subject property boasts a prime location on the prominent corner of Olympic Blvd. and Kern Ave., ensuring unmatched visibility and foot traffic. Anchored by an established retail restaurant, this thriving business offers not only consistent income but also immense potential for growth in this bustling neighborhood. Complementing this commercial space is a thoughtfully laid-out single-family residence featuring three bedrooms and two bathrooms, providing prospective owners with the added advantage of residing onsite if desired. Currently leased on a month-to-month basis, both units offer flexibility for investors to explore various options while enjoying rental income streams from day one. With its ideal positioning at such a sought-after intersection, discerning investors or owner users can capitalize on the boundless opportunities presented by this singular East LA gem without compromising professional ambitions or personal aspirations.
Exterior Features

Parking Total 0

Interior Features

Cooling YN Yes Heating YN Yes

Property Features

Association Fee 0 Listing Agreement Seller Reserved Listing Service Full Service Special Listing Conditions Standard Water Source Public Zoning Lcm1*



Based on information from California Regional Multiple Listing Service, Inc. as of 2023-12-08T09:30:29.753. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Nelson Team | American Home Realty. Licensed in the State of California, USA.
 
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The Nelson Team | American Home Realty
10 Via Del Tesoro
San Clemente CA, 92673
Listing Agent(s): Armin Soleimani of Global Platinum Properties, Inc. (818-524-0706) and Julio Ruiz of Global Platinum Properties, Inc.(818-524-0706)