4211 E Olympic Boulevard, Los Angeles, CA 90023
- $1,520,000
- Sold Price
- $1,520,000
- List Price
- $699,000
- Closing Date
- Jan 23, 2026
- Status
- CLOSED
- MLS#
- SR25232578
- Year Built
- 1922
- Lot Size
- 13,518
- Acres
- 0.31
- Lot Location
- Corner Lot
- Days on Market
- 77
- Property Type
- Commercial
- Property Sub Type
- Retail
Property Description
Accepted offer of $1,000,000. Court overbidding will start at $1,050,500. Court date is December 22 at 8:30 AM, 111 N. Hill Street, Dept 99. Trust Sale, COURT CONFIRMATION REQUIRED. Multiple offers. Excellent development or investment opportunity on a substantial 13,518 sq ft lot zoned LCM1. The property includes a functioning grocery store and a butcher shop that is sublet by the grocery tenant. The current lease for the grocery store expired in 2022, and it is highly advisable for prospective buyers to review all lease agreements and terms. This versatile property offers significant potential for the highest and best use, whether for redevelopment, retail expansion, or other commercial/industrial uses permissible under LCM1 zoning. The lot's size and zoning provide flexibility for various development visions, making it an attractive opportunity for investors or developers seeking to capitalize on a strategic location. The property is being sold AS IS with existing tenant and code violation. easy access for showings. This is a rare chance to acquire a well-located parcel with substantial upside potential in a high-traffic area, suitable for buyers with redevelopment visions or those looking for a solid income-producing asset.
/u.realgeeks.media/myhomeseekers/jose-new-square2.png)
Additional Information
- Water
- Public
- Attached Structure
- Detached
- Number Of Units Total
- 1
- Gross Scheduled Income
- $36,000
Listing courtesy of Listing Agent: Susan Bernstein (suebernstein13@gmail.com) from Listing Office: Rodeo Realty.
Listing sold by General NONMEMBER from NONMEMBER MRML
Mortgage Calculator
Based on information from California Regional Multiple Listing Service, Inc. as of . 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.