$1,050,000
$1,100,000
4.5%For more information regarding the value of a property, please contact us for a free consultation.
6,529 Sqft Lot
SOLD DATE : 01/17/2025
Key Details
Sold Price $1,050,000
Property Type Commercial
Sub Type Industrial
Listing Status Sold
Purchase Type For Sale
MLS Listing ID MB24201582
Sold Date 01/17/25
HOA Y/N No
Year Built 1930
Lot Size 6,529 Sqft
Property Description
PB & Associates is pleased to present a prime corner property to use as a market and/or a development opportunity. The subject property is located at the corner of East Olympic Blvd and Frazer Avenue in unincorporated east Los Angeles.
The present use of the commercial building is occupied by a business and the separate remodeled two-bedroom 1-bathroom house is tenant occupied. The lot is fully fenced, and the commercial building is fenced from the house. Owner-owned solar panels are included in the sale.
LOCATION: This opportunity is in the heart of unincorporated East Los Angeles. The subject property is located at the signalized intersection of East Olympic Blvd. not far from Atlantic Blvd., 710 Fwy, 5 Fwy, and 60 Fwy.
ZONING: The zoning of the property is C-M Commercial Manufacturing.
The Buyer is advised to inquire with Los Angeles County Planning regarding their intended use and or condo development for the subject property.
Don't miss this opportunity to invest in the rapidly evolving and affordable East Los Angeles community.
Location
State CA
County Los Angeles
Area Boyh - Boyle Heights
Zoning LC-M
Interior
Fireplace No
Laundry Washer Hookup, Gas Dryer Hookup, Outside
Exterior
Fence Average Condition, Chain Link, Privacy, Wrought Iron, Wire
Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected
Roof Type Flat,Shingle
Present Use Commercial
Building
Lot Description 0-1 Unit/Acre, Near Public Transit, Paved, Value In Land
Story 1
Others
Tax ID 5245008008
Security Features Smoke Detector(s)
Acceptable Financing Cash, Cash to New Loan
Listing Terms Cash, Cash to New Loan
Financing Cash
Special Listing Condition Standard
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Bought with MANUEL ONTIVEROS • PB & ASSOCIATES
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