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3603 E Olympic Blvd 5,320 SF Industrial Building Los Angeles, CA 90023 $1,350,000 ($253.76/SF)
INVESTMENT HIGHLIGHTS
- Upgraded Electrical Panel 600 Amp/240 Volts/3-Phase
- Well-Maintained Property
- Building Offers Round-The-Clock Entry
- High Ceilings
- Natural Light
- Exterior has been Freshly Painted
EXECUTIVE SUMMARY
This highly visible and freshly painted vacant commercial warehouse property features 24-hour access which is ideal for businesses requiring flexible hours. The property is equipped with air-conditioned space, offering improved comfort for occupants and operations. The property provides convenient access to public transportation, enhancing accessibility for employees and deliveries. This property is located within a Qualified Opportunity Zone (QOZ) by the state and certified by the Treasury to encourage investment in economically distressed communities. This is a great opportunity to invest or develop this property yielding beneficial tax opportunities.
PROPERTY FACTS
| Price | $1,350,000 | Rentable Building Area | 5,320 SF |
| Price Per SF | $253.76 | No. Stories | 2 |
| Sale Type | Investment | Year Built | 1981 |
| Property Type | Industrial | Parking Ratio | 0.38/1,000 SF |
| Property Subtype | Warehouse | Clear Ceiling Height | 18’ |
| Building Class | C | No. Drive In / Grade-Level Doors | 2 |
| Lot Size | 0.09 AC | Opportunity Zone |
Yes
|
| Zoning | M1 - In Los Angeles, M1 zoning refers to Limited Industrial Zones. This zoning category is intended to accommodate light industrial uses. | ||
| Price | $1,350,000 |
| Price Per SF | $253.76 |
| Sale Type | Investment |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | C |
| Lot Size | 0.09 AC |
| Rentable Building Area | 5,320 SF |
| No. Stories | 2 |
| Year Built | 1981 |
| Parking Ratio | 0.38/1,000 SF |
| Clear Ceiling Height | 18’ |
| No. Drive In / Grade-Level Doors | 2 |
| Opportunity Zone |
Yes |
| Zoning | M1 - In Los Angeles, M1 zoning refers to Limited Industrial Zones. This zoning category is intended to accommodate light industrial uses. |
AMENITIES
- 24 Hour Access
- Bus Line
- Air Conditioning
1 1
Walk Score®
Very Walkable (85)
PROPERTY TAXES
| Parcel Number | 5191-019-014 | Improvements Assessment | $232,114 |
| Land Assessment | $406,201 | Total Assessment | $638,315 |
PROPERTY TAXES
Parcel Number
5191-019-014
Land Assessment
$406,201
Improvements Assessment
$232,114
Total Assessment
$638,315
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3603 E Olympic Blvd
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