858-525-5007

2323 Olympic, Los Angeles CA 90006 | $26,000,000

  • 0 bedrooms
  • 0 bathrooms
  • 0 Sq Ft
  • 0 Lot Sq Ft
  • Type:
  • Stories: 1
  • Year Built: 1962
  • MLS#: 25503117
  • Community: C42 - Downtown L.A.

Listing provided courtesy of Thomas K Lee of WIN Realty & Properties. Last updated 2025-05-02 08:30:48.000000. Listing information © 2025 SANDICOR.

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.

More Details

1 Story
Parking Spots: 122.00
Business Type: Grocery

David Piper​

Call or Text: 858-525-5007

DRE# 02021985