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$ 1,450,000
Est. payment | /mo
0.32 Acres Lot
$ 1,450,000
Est. payment | /mo
0.32 Acres Lot
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 25588443
HOA Y/N No
Year Built 1955
Lot Size 0.323 Acres
Property Description
1162 S. Gage Avenue and 4141-4151 E. Olympic Boulevard comprise two contiguous parcels improved with four one-story mixed-use buildings, including a single-family residence and commercial structures occupied by automotive-related businesses. Together, the properties total approximately 5,014 square feet of building area (title) on a 14,057-square-foot lot. Positioned along Olympic Boulevard, a major thoroughfare situated between signalized intersections, the property offers excellent visibility, prominent street frontage, and convenient ingress/egress. The high-traffic location supports strong customer access and enhances the long-term value of the site. Zoned LCM1 (Light Industrial), the properties are located in unincorporated Los Angeles County, providing flexibility for a range of industrial and commercial uses. This offering represents an excellent opportunity for investors to reposition the property with a new tenant base and capture higher market rents on an NNN basis, or for an owner/user to expand an existing automotive business.
Location
State CA
County Los Angeles
Area Ela - East Los Angeles
Zoning LCM1*
Interior
Fireplace No
Exterior
Community Features Gated
Total Parking Spaces 14
Building
Lot Description Corner Lot
Story 1
Others
Tax ID 5242001008
Security Features Gated Community,Window Bars
Special Listing Condition Standard
Listed by David Weinberger Keller Williams Studio City
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