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3232 E Olympic Blvd 5,000 SF Industrial Building Los Angeles, CA 90023 $1,600,000 ($320/SF)

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INVESTMENT HIGHLIGHTS

Owner user or Investment property
Easy access to Freeway 10,5,60 and Easy entry from both righ and left sides to the building.
Fashion Manufacturing, Cutting factory, Food processing Etc.

Well visible wall signage at Olympic Blvd
Penced Private Parking in rare and front street parking is convenience for visitor.

EXECUTIVE SUMMARY

Dream ERE, Commercial Expert Real Estate - SoCal Team, as exclusive advisor, is pleased to present the opportunity to acquire 3232 E. Olympic Blvd. Los Angeles 90023. This sale offers the opportunity to purchase the property which is great for the ones who are looking for owner user type. The property is great for warehouse and flex buildings. It is located easy accesses to 5, 10 Freeways. There is a large space of stacking inventory and a back door for loading products. It has a fenced lot with secured parking spaces. It is easy to enter from left and right sides of the road. Fully upgraded remodeled for office space and meeting area and showroom.
Must see. Seller has strong sales motivation. Huge price down from Mar.4.2023

3232 E. Olympic

PROPERTY FACTS

Price	$1,600,000	Rentable Building Area	5,000 SF
Price Per SF	$320	No. Stories	1
Sale Type	Owner User	Year Built	1955
Sale Conditions	1031 Exchange Build to Suit	Tenancy	Single
Property Type	Industrial	Parking Ratio	1.2/1,000 SF
Property Subtype	Warehouse Industrial Distribution Industrial Food Processing Industrial Manufacturing	Clear Ceiling Height	12’
Building Class	B	No. Drive In / Grade-Level Doors	1
Lot Size	0.15 AC	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning	M2 - The M-2 General Manufacturing Zone is intended for general manufacturing and general industrial uses. Except as specifically provided elsewhere

Price	$1,600,000
Price Per SF	$320
Sale Type	Owner User
Sale Conditions	1031 Exchange Build to Suit
Property Type	Industrial
Property Subtype	Warehouse Industrial Distribution Industrial Food Processing Industrial Manufacturing
Building Class	B
Lot Size	0.15 AC
Rentable Building Area	5,000 SF
No. Stories	1
Year Built	1955
Tenancy	Single
Parking Ratio	1.2/1,000 SF
Clear Ceiling Height	12’
No. Drive In / Grade-Level Doors	1
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning	M2 - The M-2 General Manufacturing Zone is intended for general manufacturing and general industrial uses. Except as specifically provided elsewhere