$699,000
For Sale

4211 E Olympic Boulevard

Los Angeles, CA 90023
0.31 acres | #SR25233178
Listing OfficeRodeo Realty
Browse 12 photos
Type:Purchase
Structure:Land
Zone:Residential

Description

Trust Sale, COURT CONFIRMATION REQUIRED. Excellent development or investment opportunity on a substantial 13,518 sq ftlot zoned LCM1. The property includes a functioning grocery store and a butcher shop that is sublet by the grocery tenant. The current lease for the grocery store expired in 2022, and it is highly advisable for prospective buyers to review all lease agreements and terms. This versatile property offers significant potential for the highest and best use, whether for redevelopment, retail expansion, or other commercial/industrial uses permissible under LCM1 zoning. The lot's size and zoning provide flexibility for various development visions, making it an attractive opportunity for investors or developers seeking to capitalize on a strategic location. The property is being sold AS IS, with easy access for showings. This is a rare chance to acquire a well-located parcel with substantial upside potential in a high-traffic area, suitable for buyers with redevelopment visions or those looking for a solid income-producing asset.

  • Property Details
      • ViewNeighborhood
      • CountyLos Angeles
      • MLS #SR25233178
      • MLS #SR25233178
      • Lot DescriptionCornerLot
      • Property TypePurchase
      • Original List Price$699,000
      • Acres0.3106
      • Utility SourcePublic
      • Cost699000
      • Property SubtypeLand

Location

Jessie Espinosa | Century 21 Select Real Estate, TurlockReal Estate Group
OR

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