$26,000,000
1.65 Acre Lot

2323 W Olympic Boulevard, Los Angeles, California 90006

  • Commercial Sale Property Type
  • 1962 Year Built
Property 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.

Basic Details
Commercial Sale
For Sale
25503117
$26,000,000
1962
1.65 Acre
Active
Features
$0
Address Map
CA
Los Angeles
Los Angeles
90006
Olympic
2323
Boulevard
W119° 43' 2.6''
N34° 3' 10''
The entire block of corner intersection of Olympic Blvd & Grand View & South Park View Street.
C42 - Downtown L.A.
W
LAC2
Additional Information
$0
$0
$0
$0
$0
19437
Grocery
2025-02-26
1
Broker/Agent Information
WIN Realty & Properties
Thomas K Lee
Listing Information
Nicole J. Kim
CLW-X53888
CLW-X73106
WIN Realty & Properties
CLW-X97495
CLW-X73106
Active
2025-02-26T23:48:56Z
CRMLS
: Standard
2025-02-26T00:00:00Z
Agent info
Ray Millman
Mortgage Calculator
$
$ %
years
%
$ %per year
$ %per year

$
Contact Agent
Contact Us
ray@millmanteam.com 310.375.1069