2323 W Olympic Blvd Los Angeles, CA 90006

$--

-- Beds
-- Baths
19,437 Sq.Ft.

Off Market

Map preview of 2323 W Olympic Blvd, Los Angeles, CA 90006

Property Overview: 2323 W Olympic Blvd Los Angeles, CA has -- bedrooms, -- bathrooms, 19,437 living square feet and 72,004 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

2323 W Olympic Blvd is currently an off market home in the city of Los Angeles. If you are considering making a home purchase, the value you pay for your home will depend on the market you're looking to purchase in. The city of Los Angeles has a median list price of $1,200,000. The median price per/sqft for Los Angeles is $768. With those numbers in mind, if you are looking to purchase a median priced home in Los Angeles, CA and put 20% down you will need to save up $240,000 for the down payment and will need roughly $24,000 for closing costs on top of the down payment. Homeowners who are looking to sell their home could expect to pay an average of 5% (2.5% to the listing agent and 2.5% to the buyers agent) in agent commissions when it comes to selling their home. With the median sale price for a home in Los Angeles the commission could be as much as $56,000. If you're thinking of selling and want to save, contact a local Ardent Real Estate Agent today.

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Sale History for 2323 W Olympic Blvd

Last sold on May 27th, 2010

September, 2020
Sep 18, 2020

Date

Expired

CRMLS: 20570560

$33,000,000

Price
Jun 24, 2020

Date

Price Change

CRMLS: 20570560

$33,000,000

Price
Apr 14, 2020

Date

Active

CRMLS: 20570560

$35,000,000

Price
Listing provided courtesy of CRMLS

This investment offers an opportunity to purchase a single tenant supermarket asset Northgate Market or develop and build maximum 220 units. A great mixed-use development opportunity is in prime Koreatown submarket, adjacent to Downtown LA. This area has seen a dramatic change in the last years, with the addition of many new coffee shops, restaurants, retails, and new construction housing. The property is made up of an approximately 19,437 SF building, with approximately 71,961 SF land. TOC Tier 3 incentives allow a developer potentially to build up to 220 units. Property benefits from significant frontage on the heavily trafficked retail corridor of Olympic Blvd. Property suits to the surrounding area demographics and drives significant traffic to this location. * Property records for the building show 19,437 square feet. The land is approximately 71,961 SF. Buyer to verify all information inclusive ofsquare footage. Don't disturb tenant.

Continue Reading
May, 2010
May 27, 2010

Date

Sold (Public Records)

Public Records

--

Price
March, 2003
Mar 28, 2003

Date

Sold (Public Records)

Public Records

$6,700,000

Price

Tax History for 2323 W Olympic Blvd

Assessed Value (2020): $8,852,210

Year	Land Value	Improved Value	Assessed Value
2020	$6,491,623	$2,360,587	$8,852,210

About 2323 W Olympic Blvd

Detailed summary of property

2323 W Olympic Blvd is categorized with a use code of Grocery, Supermarket in Los Angeles, CA 90006 and is currently off market. This property has -- bedrooms, -- bathrooms, roughly 19,437 living square feet, and sits on an approximately 72,004 square foot lot. Homes in Los Angeles are selling for a median price of $1,120,000 and a median price per square foot of $724. Local nearby listings include 904 S New Hampshire Ave #601, 1349 Toberman St and 1353 Toberman St. The average home in Los Angeles, CA is selling in 106 days. There are currently 4052 homes for sale in the Los Angeles real estate market and 2782 of them are single family homes while 1148 of them are condos and 116 are townhomes. If you are the homeowner and looking to sell the home at 2323 W Olympic Blvd Los Angeles, CA 90006 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 2323 W Olympic Blvd

Public county record property details

Beds: --
Baths: --
Year built: 1962
Sq. Ft.: 19,437
Lot Size: 72,004
Stories: 1

Type: Grocery, Supermarket
Pool: No
Spa: No
County: Los Angeles
Lot#: 1-10
APN: 5136-015-027

The source for these homes facts are from public records.

90006 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends

Median List Price

$799,000

Median List Price/Sq.Ft.

$598

Median Sold Price

$760,000

Median Sold Price/Sq.Ft.

$597

Total Inventory

Median Sale to List Price %

87.46%

Avg Days on Market

Loan Type

Conventional (42.86%), FHA (0%), VA (0%), Cash (0%), Other (42.86%)

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