2323 W Olympic Boulevard, Los Angeles, CA 90006

  • $22,000,000
  • $26,000,000
2323 W Olympic Boulevard, Los Angeles, CA 90006
Active
2323 W Olympic Boulevard, Los Angeles, CA 90006
2323 W Olympic Boulevard, Los Angeles, CA 90006
  • $22,000,000
  • $26,000,000

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.

  • Address 2323 W Olympic Boulevard
  • City Los Angeles
  • State/county CA
  • Zip/Postal Code 90006
  • Country US

Details

Updated on May 23, 2025 at 5:39 am
  • Property ID: 25503117
  • Price: $22,000,000
  • Property Size: 19437
  • Land Area: 1.6537 Acres
  • Garage Size: x x
  • Year Built: 1962
  • Property Type: Commercial Sale
  • Property Status: Active

Contact Information

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Hoyt Hochman

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