Property 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.

Features
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MLS Addon
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26/02/2025 15:48:17
Listing courtesy of
WIN Realty & Properties
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Commercial For Sale

2323 OlympicBoulevard, Los Angeles, California, 90006

19,437 Sqft
Visits : 7 in 198 days
$26,000,000
Listing ID #25503117
Basic Details
Status : Active
Listing Type : For Sale
Property Type : Commercial
Property SubType : Single Family Residence
Price : $26,000,000
Price Per Square Foot : $1,338
Square Footage : 19,437 Sqft
Year Built : 1962
View : Mountain(s)
Listing ID : 25503117
Agent info
Rina Maya
Designated Broker
Contact Agent
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