Property Detail

2323 Olympic

Los Angeles CA 90006

$26,000,000

Status: Active

Property Details

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.

Map Location

Listing provided courtesy of Thomas K Lee of WIN Realty & Properties. Last updated 2025-04-25 08:36:52.000000. Listing information © 2025 CRMLS.

John Collins

John Collins

DRE# 01948188
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