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4953 E Olympic Blvd, Los Angeles, CA 90022
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4953 E Olympic Blvd Los Angeles, CA 90022

$1,100,000
  • 4 Beds
  • 6 Baths
  • 2,983 Sq.Ft.
For Sale
$1,100,000 Get Pre-Qualified
Map preview of 4953 E Olympic Blvd, Los Angeles, CA 90022

Property Overview: 4953 E Olympic Blvd Los Angeles, CA has 4 bedrooms, 6 bathrooms, 2,983 living square feet and 6,529 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: PB & Associates is pleased to present a prime corner property to use as a market and/or a development opportunity. The subject property is located at the corner of East Olympic Blvd and Frazer Avenue in unincorporated east Los Angeles. The present use of the commercial building is occupied by a business and the separate remodeled two-bedroom 1-bathroom house is tenant occupied. The lot is fully fenced, and the commercial building is fenced from the house. Owner-owned solar panels are included in the sale. LOCATION: This opportunity is in the heart of unincorporated East Los Angeles. The subject property is located at the signalized intersection of East Olympic Blvd. not far from Atlantic Blvd., 710 Fwy, 5 Fwy, and 60 Fwy. ZONING: The zoning of the property is C-M Commercial Manufacturing. The Buyer is advised to inquire with Los Angeles County Planning regarding their intended use and or condo development for the subject property. Don’t miss this opportunity to invest in the rapidly evolving and affordable East Los Angeles community.

Listed by MANUEL ONTIVEROS | BRE #02023890 | PB & ASSOCIATES
Last checked: 4 minutes ago | Last updated: September 28th, 2024 | Source CRMLS | DOM: 1

Home details

Lot Sq. Ft
6,529
HOA Dues
$0/mo
Year built
1930
Garage
--
Property Type:
Industrial
Status
Active
MLS#
MB24201582
City
Los Angeles
County
Los Angeles
Time on Site
18 hours
Property Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 2
  • # of Leased Units: 1
Unit Breakdown 1
  • # of Units: 2
  • # of Beds: 2
  • # of Baths: 3
  • Total Rent: --
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: --

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Property Details for 4953 E Olympic Blvd

Interior Features
Laundry Information
  • Gas Dryer Hookup, Outside, Washer Hookup
Interior Features
  • Security Features: Smoke Detector(s)
Exterior Features
Exterior Information
  • Roof: Flat, Shingle
  • Has Fence
  • Average Condition, Chain Link, Privacy, Wire, Wrought Iron
Lot Details / Garage and Parking
Lot Information
  • Lot Features: 0-1 Unit/Acre, Near Public Transit, Paved, Value In Land
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Total # of Units: 2
  • Parcel Number: 5245008008
  • Year Built Source: Public Records
  • Entry Level: 1
  • Offered With Property: Paid Solar System
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected
Location / Neighborhood
Location Information
  • Directions: Major Cross Streets -Olympic and Atlantic
View more facts & features

Local Los Angeles Agent

Sale History for 4953 E Olympic Blvd

Last sold for $650,000 on December 15th, 2020

  • September, 2024

  • Sep 27, 2024

    Date

    Active

    CRMLS: MB24201582

    $1,100,000

    Price

  • December, 2020

  • Dec 15, 2020

    Date

    Sold (Public Records)

    Public Records

    $650,000

    Price

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Tax History for 4953 E Olympic Blvd

Assessed Value (2020): $511,251
Year Land Value Improved Value Assessed Value
2020 $326,546 $184,705 $511,251

Home Value Compared to the Market

This property vs the competition

4953 E Olympic Blvd is listed 8.33% lower than the median list price for the city of Los Angeles which has a median list price of $1,200,000. The median price per/sqft for Los Angeles is $771 and this home is listed at $368.76 per/sqft which puts the price per square foot 52.17% lower than the median price per square foot for the city of Los Angeles.

About 4953 E Olympic Blvd

Detailed summary of property

4953 E Olympic Blvd is a industrial located in Los Angeles, CA 90022 and is currently for sale. This industrial property offers 4 bedrooms, 6 bathrooms, roughly 2,983 living square feet, and sits on an approximately 6,529 square foot lot. 4953 E Olympic Blvd was first listed on ArdentRealEstateGroup.com on September 28, 2024. The homeowner is currently asking $1,100,000. The median priced home in Los Angeles is $1,200,000 with a median price per square foot of $771. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 8.33% lower than the median priced home. Local competing homes currently for sale include 12817 S Broadway and 771 San Jacinto St. While the average home in Los Angeles, CA is selling in 106 days, 4953 E Olympic Blvd has a days on market of 1 days. There are currently 4139 homes for sale in the Los Angeles real estate market and 2834 of them are single family homes while 1183 of them are condos and 115 are townhomes. For more information on this home for sale at 4953 E Olympic Blvd Los Angeles, CA 90022 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 4953 E Olympic Blvd

Public county record property details
Beds
--
Baths
--
Year built
1930
Sq. Ft.
2,983
Lot Size
6,528
Stories
1
Type
Commercial/Office/Residential (Mixed Use)
Pool
No
Spa
No
County
Los Angeles
Lot#
8,9
APN
5245-008-008

The source for these homes facts are from public records.

90022 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$695,000
Median List Price/Sq.Ft.
$650
Median Sold Price
$640,000
Median Sold Price/Sq.Ft.
$494
Total Inventory
27
Median Sale to List Price %
101.6%
Avg Days on Market
32
Loan Type
Conventional (50%), FHA (0%), VA (0%), Cash (0%), Other (50%)

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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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