W Olympic Boulevard, Los Angeles, California 90006
Listed By WIN Realty & Properties
The Commercial Property for Sale located at Los Angeles, California 90006 is currently for sale. Los Angeles, California 90006 is listed for $22,000,000. If the property located at Los Angeles, California 90006 isn't what you're looking for, visit https://haussmannrealty.xomio.com to see other Commercial Properties for Sale in Los Angeles .
Date Updated : May 24, 2025
MLS#: 373996936
$22,000,000 USD
- Minimum sellable space
1,806 m² (19,437 ft²)
Property features
Construction details
- Year built: 1962
Area
- Property size:
1,806 m² (19,437 ft²) - Land/Lot size:
6,692 m² (72,036 ft²)
Description
Amazing opportunity to add value 2323 W. Olympic Blvd Los Angeles large as 1.653 AC / 72,003 SF land size, C2, C4, P1 zone. This land can offer redevelopment opportunity on prime W. Olympic Blvd connecting from K town onto Downtown area. Great mixed use Development Opportunity - This location may build for 350 Residential Units plus 60,000 SF Retail Spaces by Density Bonus w/TOC Tier 3 incentive. Currently, strong Single NNN Tenant (Northgate Market Los Angeles) with 5-year lease only, No option to renew after February 28, 2030 since March 01, 2010 as a starting point. It sure will attract high visibility with major traffic occurrence on Olympic Blvd, just 6-7 blocks from Crypto.com Arena in Downtown LA. A truly rare opportunity with tremendous development with a strong income portfolio to be added to your assets. Buyer and Buyer's agent to verify all information regarding the property to their full and complete satisfaction.
Location
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