5335 E Olympic Boulevard, East Los Angeles, CA 90022

$2,300,000
List Price
$2,300,000
Status
ACTIVE
MLS#
CV21254351
Year Built
1962
Lot Size
9,743
Acres
0.22
Lot Location
Corner Lot
Days on Market
7
Property Type
Commercial
Property Sub Type
Office

Property Description

This great acquisition offers 20 units all for office use. Property features 7,333 sf within the two story structure along with 20 restrooms and 17 parking spaces. This investment is perfect for an investor with a great vision to convert the building into a Motel, Apartment Complex, or mix use project. Investment site is locally adjacent to the high foot traffic Atlantic Blvd and Olympic Blvd. With tons of street visibility this is a one of kind opportunity to increase a great return on your investment.

Additional Information

Taxes
$34,500
Heat
See Remarks
Cooling
Yes
Cooling Description
SeeRemarks
Roof
See Remarks
Water
Public
Attached Structure
Detached
Gross Scheduled Income
$113,100

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of CARLOS VALENZUELA RIVAS from CIVAR Realty Advisors

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.