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3386 E Olympic Blvd, Los Angeles, CA 90023
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3386 E Olympic Blvd Los Angeles, CA 90023

$100 Sold Price as of 02/28/2020
  • -- Beds
  • -- Baths
  • 20,000 Sq.Ft.
Sold
$100 Sold Price as of 02/28/2020 Refinance Your Mortgage
Map preview of 3386 E Olympic Blvd, Los Angeles, CA 90023

Property Overview: 3386 E Olympic Blvd Los Angeles, CA has -- bedrooms, -- bathrooms, 20,000 living square feet and 24,939 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: $350K Price Reduction!!! Submit Offers! Located in a Qualified Opportunity Zone. The portfolio of properties located at 3364-3386 E. Olympic Blvd in Los Angeles consists of five separate parcels of property with four buildings and a parking lot. The properties total approximately 20K square feet situated on approximately 24,939 square feet of land. All tenants are month to month and can be vacated at close of escrow. The property has 2 dock high doors and 3 grade level loading doors, bow-truss ceilings and sprinklers. The properties are located along highly trafficked Olympic Blvd minutes from downtown Los Angeles and close access to the 5, 60, 710, 10 and 101 freeways. The zoning is M2-1-CUGU which is a light industrial zone allowing a variety of business uses including R&D, retail, wholesale, light industrial and manufacturing, assembly and fabrication, etc. These properties are located in the Adelante Eastside Redevelopment Area- please contact the LA Community Redevelopment Agency for more information. The properties are also part of the State Enterprise Zone. This provides employment and economic incentives to businesses to stimulate local investment and employment. This also allows the properties to enjoy lower parking ratio requirements as well as special height district allowing for increased development. The CUGU overlay designates the properties in a “Clean Up Green Up” district.

Listed by Linda Vidov | BRE #01715788 | Top Commercial Realty, Inc
Last checked: 7 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 221

Home details

Lot Sq. Ft
24,939
HOA Dues
$0/mo
Year built
1945
Garage
--
Property Type:
Industrial
Status
Sold
MLS#
AR19085080
City
Los Angeles
County
Los Angeles
Time on Site
1223 days
Property Unit Breakdown
Unit Mix Summary
  • Total # of Units: --
  • Total # of Buildings: 4
  • # of Leased Units: 4
Property Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: --
  • Net Operating Income: --
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 3386 E Olympic Blvd

Interior Features
Laundry Information
  • None
Interior Features
  • Security Features: Fire Sprinkler System
Lot Details / Garage and Parking
Lot Information
  • Lot Features: Near Public Transit, Sprinkler System, Walkstreet
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Parcel Number: 5190034016
  • Year Built Source: Assessor
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: at Olympic and Lorena
View more facts & features

Local Los Angeles Agent

Sale History for 3386 E Olympic Blvd

Last sold on June 3rd, 2020

  • June, 2020

  • Jun 3, 2020

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • March, 2020

  • Mar 2, 2020

    Date

    Sold

    CRMLS: AR19085080

    $100

    Price

  • Nov 21, 2019

    Date

    Pending

    CRMLS: AR19085080

    $4,900,000

    Price

  • Jun 27, 2019

    Date

    Price Change

    CRMLS: AR19085080

    $4,900,000

    Price

  • Apr 15, 2019

    Date

    Active

    CRMLS: AR19085080

    $5,250,000

    Price

  • February, 2020

  • Feb 28, 2020

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 3386 E Olympic Blvd

Assessed Value (2020): $79,068
Year Land Value Improved Value Assessed Value
2020 $43,684 $35,384 $79,068

Home Value Compared to the Market

This property vs the competition

3386 E Olympic Blvd sold on February 28, 2020 for 311.76% higher than the current median sold price for the city of Los Angeles which is $1,190,000. The median sold price per/sqft for Los Angeles is $755 and this home is sold at $245 per/sqft which puts the price per square foot 67.55% lower than the current median sale per square foot for the city of Los Angeles.

About 3386 E Olympic Blvd

Detailed summary of property

3386 E Olympic Blvd is a industrial that recently sold in Los Angeles, CA 90023. This industrial property offered -- bedrooms, -- bathrooms, roughly 20,000 living square feet, and sits on an approximately 24,939 square foot lot. 3386 E Olympic Blvd was first listed on ArdentRealEstateGroup.com on January 13, 2021. The homeowner sold the property for $100. Home in Los Angeles are selling for a median price of $1,190,000 and a median price per square foot of $755. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 311.76% higher than the current median priced home. Local homes that are currently for sale include 2819 E South St, 13239 Imperial Highway and 1500 W Pacific Coast. While the average home in Los Angeles, CA is selling in 92 days, 3386 E Olympic Blvd has a days on market of 221 days. There are currently 3712 homes for sale in the Los Angeles real estate market and 2493 of them are single family homes while 1120 of them are condos and 93 are townhomes. For more information on this home for sale at 3386 E Olympic Blvd Los Angeles, CA 90023 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 3386 E Olympic Blvd

Public county record property details
Beds
--
Baths
--
Year built
1945
Sq. Ft.
4,160
Lot Size
4,207
Stories
1
Type
Manufacturing (Light)
Pool
No
Spa
No
County
Los Angeles
Lot#
110
APN
5190-034-016

The source for these homes facts are from public records.

90023 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$599,999
Median List Price/Sq.Ft.
$679
Median Sold Price
$660,000
Median Sold Price/Sq.Ft.
$448
Total Inventory
19
Median Sale to List Price %
99.25%
Avg Days on Market
6
Loan Type
Conventional (0%), FHA (60%), VA (0%), Cash (20%), Other (0%)

Thinking of Selling?

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. 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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