2323 W Olympic Boulevard, Los Angeles, CA 90006 - Berkshire Hathaway HomeServices California Properties
2323 W Olympic Boulevard Los Angeles, CA 90006
$26,000,000 0 beds, 0 baths
0 sqft

Agent Remarks

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.

Listing Details

Property type: (Commercial)
Status: Active
MLS# 25503117
List price is $26,000,000
HOA Fee is $0.00
Beds: 0
Baths: 0
Built in 1962
1.65 acres
Lot size: 1.6537
County: Los Angeles
Zoning: LAC2
MLS area: C42 - Downtown L.A.

Last Updated: 2/27/2025

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This listing belongs to the C42 - Downtown L.A. MLS area

Lat/Long: 34.052791, -118.282609.
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Listing Agent: Thomas K Lee
Co Listing Agent: Nicole J. Kim
Lic#: 01801928
Office Name: Sherman Oaks

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