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Downey Rd & Olympic Blvd
Los Angeles, CA 90023
R3 Flat Lot ~ East LA/Boyle Heights · Land For Sale · 0.08 AC

Investment Highlights

  • Minutes from Downtown Los Angeles and the Arts District.
  • Exceptional freeway access connecting to all major LA corridors.
  • Strong long-term growth potential in a rapidly evolving market.
  • Surrounded by shops, dining, and high-demand urban neighborhoods.
  • Ideal for developers seeking infill, flip, or rental opportunities.

Executive Summary

This land offering presents a rare opportunity in one of the most centrally connected pockets of East Los Angeles. Located just five minutes east of Downtown LA and the Arts District, the property sits within immediate reach of the 5, 710, 60, 10, 101, 110, and 605 freeways, ensuring exceptional regional accessibility. Positioned near Eastern Avenue and Olympic Boulevard, the site benefits from a vibrant surrounding community, strong traffic flow, and steady demand for both residential and commercial development. Developers will appreciate the versatility of the land, whether pursuing a ground-up build, a profitable flip, or a long-term rental strategy. With abundant nearby shops, services, and dining options, this location supports a wide range of end-user needs. Buyers are advised to conduct their own due diligence, but the combination of location, accessibility, and growth potential makes this a compelling investment opportunity.

Property Facts

Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Residential
Proposed Use
Multifamily
  • Apartment Units
Total Lot Size 0.08 AC
Zoning R3 - Multiple Dwelling Zone

1 Lot Available

Lot

Price $450,000
Price Per AC $5,625,000.00
Lot Size 0.08 AC

Flat, well-located East LA/Boyle Heights land near DTLA, Eastern Ave, and Olympic Blvd. Excellent freeway access. Ideal infill opportunity for developers seeking value, flexibility, and strong long-term demand.

Description

Located in the thriving East Los Angeles and Boyle Heights corridor, this land offering is strategically positioned for maximum convenience and long-term value. Its proximity to Downtown Los Angeles and the Arts District places it at the center of one of the region’s most active development zones. Surrounded by a dense, established community and numerous retail, food, and service amenities, the property offers ideal conditions for a variety of development paths. With unparalleled access to major regional freeways, the site supports strong tenant demand and exceptional mobility for future residents, businesses, or investors. The area continues to experience significant revitalization, making this parcel suitable for both immediate and long-term strategies, from residential or mixed-use projects to build-and-hold income-producing assets. Given its location, convenience, and versatility, this property stands out as a rare opportunity in one of Los Angeles’ most dynamic markets.

  • Listing ID: 16921659

  • Date on Market: 8/14/2019

  • Last Updated:

  • Address: Downey Rd & Olympic Blvd, Los Angeles, CA 90023

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