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4211 E Olympic Boulevard Los Angeles, CA $ 699,000
4211 E Olympic Boulevard
$ 699,000
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4211 E Olympic Boulevard

Los Angeles, CA, 90023
$ 699,000
Bedrooms-- Baths-- Sq 3,039

Monthly Estimate*

$ 4,361

Listed by Rodeo Realty
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Commercial Property for sale in Los Angeles, CA

for $699,000. This 3,039 square foot building was built in 1922 on a lot size of 0.3103.

Accepted offer of $1,000,000. Court overbidding will start at $1,050,500. Court date is December 22 at 8:30 AM, 111 N. Hill Street, Dept 99. Trust Sale, COURT CONFIRMATION REQUIRED. Multiple offers. Excellent development or investment opportunity on a substantial 13,518 sq ft lot zoned LCM1. The property includes a functioning grocery store and a butcher shop that is sublet by the grocery tenant. The current lease for the grocery store expired in 2022, and it is highly advisable for prospective buyers to review all lease agreements and terms. This versatile property offers significant potential for the highest and best use, whether for redevelopment, retail expansion, or other commercial/industrial uses permissible under LCM1 zoning. The lot's size and zoning provide flexibility for various development visions, making it an attractive opportunity for investors or developers seeking to capitalize on a strategic location. The property is being sold AS IS with existing tenant and code violation. easy access for showings. This is a rare chance to acquire a well-located parcel with substantial upside potential in a high-traffic area, suitable for buyers with redevelopment visions or those looking for a solid income-producing asset.

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Commercial Contingent

Price

$ 699,000

Property Type

Commercial

Taxes

$ 0

Style

Lot Size

0.3103

Year Built

1922

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

SR25232578

Days on Market

74

Features
General
Exclusions all personal property
Year Built 1922
Property Subtype Retail
County Los Angeles
Insurance Expense 5900
Property Type Commercial Sale
Special Listing Conditions Trust
Status Active Under Contract
Directions South of 5 fwy East of Ditman
City Los Angeles
Number Of Units Total 1
MLS Area BOYH - Boyle Heights
Lot Size Units Square Feet
Lot Size Square Feet 13518
Number of Units Leased 1
Listing Terms Cash Cash to New Loan Court Approval
Land Lease Y/N 0
Trash Expense 1529
Additional Parcels Y/N 0
Lease Considered Y/N 0
Building Area Units Square Feet
Standard Status Active Under Contract
Occupancy Type Tenant
Year Built Source Assessor
Property Sub Type Additional Retail
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Interior
Total Stories 1
Laundry Features Inside
Entry Level 1
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Exterior
Lot Features Corner Lot
Water Source Public
Lot Size Area 13518
Number of Buildings 2
Building Area Total 3039
Lot Size Acres 0.3103
Lot Size Source Assessor
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* Excluded Features
List By
Rodeo Realty

Broker

suebernstein13@gmail.com

Email

Affordability Calculator

$4,361
Per Month
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0%
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Monthly Principal & Interest
$4,361
Monthly Property Taxes
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Monthly Home Insurance
--
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.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
11/20/2025$699,000 Listed Price

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4211 E Olympic Boulevard, Los Angeles, CA, 90023 is a Commercial Property for sale at $699,000 with 3,039 sqft and a lot size of 0.3103. 4211 E Olympic Boulevard was built in 1922. The property's zip code is 90023 which is in Los Angeles, CA