4601 E. Olympic Blvd. - This corner lot is situated on a bustling thoroughfare, offering immense potential for various development opportunities. Currently, the property features 3 retail units and an open-air lot adjacent to the building. These structures present an excellent foundation for enhancing the existing businesses or embarking on new ventures that would benefit the vibrant surrounding neighborhood. As an added bonus, the property generates additional income through a strategically placed billboard. Conveniently located near major freeways, this property provides quick access to downtown Los Angeles, making it an attractive investment for both local and commuter-focused enterprises. 4611 E. Olympic Blvd. - Nestled along a dynamic thoroughfare in the heart of East Los Angeles, this expansive mixed-use property is a prime investment opportunity. The location offers easy access to nearby freeways, schools, shops, and an array of local eateries, enhancing its appeal for residents and businesses alike. The property comprises two detached residential units, each boasting 2 bedrooms and 1 bathroom, providing attractive options for potential renters or homeowners seeking an urban lifestyle. Toward the east end of the property, a charming bakery adds character and potential for additional income streams. With its strategic positioning and diverse potential uses, this property stands as a promising choice for investors looking to capitalize on the dynamic energy of East Los Angeles. This property’s 4601 E. Olympic (PW23019001) and 4611 E. Olympic Blvd.(PW23019013) are to be sold together
Very motivated Seller! Seller is willing to carry/finance with a good down payment. This is a mixed use commercial and residential property, vey well located near freeways, stores, schools, etc. Use to be a beauty salon.
The median home value in Los Angeles, CA is $434,700. This is lower than the county median home value of $607,000. The national median home value is $219,700. The average price of homes sold in Los Angeles, CA is $434,700. Approximately 31.47% of Los Angeles homes are owned, compared to 63.77% rented, while 4.76% are vacant. Los Angeles real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Los Angeles real estate agent to arrange a tour today!
Los Angeles, California 90022 has a population of 123,905. Los Angeles 90022 is more family-centric than the surrounding county with 34.01% of the households containing married families with children. The county average for households married with children is 32.35%.
The median household income in Los Angeles, California 90022 is $42,544. The median household income for the surrounding county is $61,015 compared to the national median of $57,652. The median age of people living in Los Angeles 90022 is 31.6 years.
The average high temperature in July is 85.9 degrees, with an average low temperature in January of 47.6 degrees. The average rainfall is approximately 17.9 inches per year, with 0 inches of snow per year.