This property is Off-Market

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

23.51 AC · Land For Sale

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Olympic & Soto Sears

Price N/A Property Sub-type Commercial/Other (land)
Lot Size 23.51 AC Property Use Type Vacant/Owner-User
Property Type Land
Listing ID: 16862402 Date Created: 10/06/2010 Last Updated: 11/11/2013

1 Lot

Lot Size 23.51 AC Lot Type 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

Research

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

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