Historical Land Sale Listing - Olympic & Soto Sears

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Olympic & Soto Sears

2650 E. Olympic Blvd., Los Angeles, CA 90023

N/A

Land

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Land - Off Market

Price:
N/A
Property Type:
Land
Property Sub-type:
Commercial/ Other (land)
Listing ID
16862402
Last Updated
244 days ago

1 Lot

Lot 1

  • N/A
  • 23.51 AC
  • Commercial/ Other (land)

Description

Jones Lang LaSalle has been exclusively retained by ownership to market Olympic & Soto, a premier redevelopment site in the emerging Boyle Heights Area of Los Angeles. This offering represents one of the largest redevelopment opportunities in the City of Los Angeles, immediately accessible to Downtown Los Angeles' s central business district and spectacular collection of residential and cultural developments.

OLYMPIC BOULEVARD AND SOTO STREET in Los Angeles, in the historic Boyle Heights neighborhood of Los Angeles, is considered by many to be a gateway to East Los Angeles rich with history and commercial activity. Situated on approximately 23 acres of land, the site represents one of the largest development opportunities in the City of Los Angeles. The site' s location - adjacent to both residential and commercial/industrial activity and in an area void of retail - makes it a significant redevelopment
prospect.

Site Characteristics

Total Land Area: 8 parcels totaling 1,024,268.20 square feet (23.51 acres)
Total Improvements: 1,863,000 square feet
" Sears Building - 1,800,000 SF
" Warehouse - 48,000 SF
" Sears Auto Store 15,000 SF

Map of 2650 E. Olympic Blvd., Los Angeles, CA 90023 (Los Angeles County)

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Created 10/6/2010