2323 W Olympic Boulevard Los Angeles, CA ^$ 22,000,000

2323 W Olympic Boulevard

^$ 22,000,000

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2323 W Olympic Boulevard

Los Angeles, CA, 90006

^$ 22,000,000

Bedrooms-- Baths-- Sq 19,437

Listed by WIN Realty & Properties

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Property for Rent in Los Angeles, CA

for $22,000,000. This 19,437 square foot property was built in 1962 on a lot size of 1.6537.

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.

Rental Active

Price

^$ 22,000,000

Taxes

^$ 0

Style

Lot Size

1.6537

Year Built

1962

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

25503117

Days on Market

292

Features

General

Zoning LAC2

HOA Fee 0

Year Built 1962

Business Type Grocery

Business Name Northgate Gonzalez Market

County Los Angeles

Property Type Commercial Sale

Special Listing Conditions Standard

Status Active

Directions The entire block of corner intersection of Olympic Blvd & Grand View & South Park View Street.

City Los Angeles

MLS Area C42 - Downtown L.A.

Lot Size Units Square Feet

Lot Size Square Feet 72036

Lease Type NNN

Standard Status Active

Interior

Total Stories 1

Total Baths 0

Exterior

Total Parking 122

Lot Size Area 72036

Building Area Total 19437

Lot Size Acres 1.6537

* Excluded Features

List By

Win Realty & Properties

Broker

thomas8win@gmail.com

Nearby

Trends
Schools

About Los Angeles, CA

3,920,026 Population

6% Since 2002

^$55,057 Median Income

36.82 Median Age

27% Households with Children

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Trends Information provided by ATTOM Data Solutions.

4827338 Elementary School

4827337 Middle School

Unknown High School High School

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Pricing History

Date	Price	Price Change	Description
11/25/2025	$22,000,000		Listed Price

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2323 W Olympic Boulevard, Los Angeles, CA, 90006 is a Property for Rent at $22,000,000 with 19,437 sqft and a lot size of 1.6537. 2323 W Olympic Boulevard was built in 1962. The property's zip code is 90006 which is in Los Angeles, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 12/14/2025. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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2323 W Olympic Boulevard

Property for Rent in Los Angeles, CA

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