4211 E Olympic Blvd - Freestanding FOR SALE


Los Angeles, CA 90023- East Los Angeles
$699,000 USD
818-261-0030
4211 E Olympic Blvd, Los Angeles, CA for Sale
$699,000 USD
Freestanding - FOR SALE
1/14
null | Request Cap Rate

4211 E Olympic Blvd
Los Angeles, CA 90023
East Los Angeles


HIGHLIGHTS

  • Excellent signalized corner location
  • Property sits on a huge 13,518 flat lot
  • Heavy foot traffic neighborhood
  • Current rent is extremely below market. Major upside.
  • Owners had one time electrical expense in 2025 for $25,540 so normal expenses are much less

OVERVIEW

Trust Sale – Court Confirmation Required. Exceptional development or investment opportunity on a generous 13,518 sq ft lot zoned LCM1, offering a range of commercial and light industrial possibilities. The property currently features a fully operational grocery store with a sublet butcher shop, providing immediate income potential. The existing grocery lease expired in 2022, so prospective buyers are strongly encouraged to review all lease terms and tenant agreements. With its flexible zoning and expansive lot size, this site is ideal for redevelopment, retail expansion, or adaptive reuse projects. Situated in a high-traffic area with strong visibility, this property represents a rare chance to secure a well-located parcel with significant upside potential. Offered AS IS, with easy access for showings, it’s a standout opportunity for investors, developers, or owner-users seeking to maximize value in a prime commercial corridor. Court confirmation required. Sold "as is" with with no contingencies. Buyers must do their own due diligence, satisfy themselves on all aspects of the property and rely on their own investigations with the proper professionals. Multiple offers expected!!!

FOR SALE DETAILS

PRICE

$699,000 USD

PRICE/SF

$211 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

undefined, Convenience Store, Supermarket

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1922

SPRINKLERS

-

PARKING SPACES

12

LAND DETAILS

LAND ACRES

0.31 AC

LAND SF

13,518 SF

ZONING

LCM1*

APN/PARCEL ID

5241-003-018

ASK ABOUT THIS PROPERTY

Dan DrantchRodeo RealtyMore Info
818-261-0030

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Dan DrantchRodeo RealtyMore Info
818-261-0030

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.