Shopping Auto Center
3821 East Olympic Boulevard
3821 E Olympic Blvd, Los Angeles, CA 90023
Listing Price: $1,938,888
Investment Overview
Marcus & Millichap is pleased to present 3821 E Olympic Boulevard, an excellent opportunity for an owner-user or affordable housing developer. This rare corner lot property sits on 13,356-square feet of land zoned LAR2. 3821 East Olympic Boulevard is a unique property that is currently operated as a Smog Check, Auto Repair, and Used Car Sales business. The property consists of one 1,169-square feet commercial building that is currently leased on a month-to-month basis. The site presents an excellent owner-user, redevelopment or repurpose opportunity for Affordable Housing, Auto Service, or Retail with a zone change / use permit. The property sits on 13,356-square feet of land zoned LAR2-1-CUGU located in a qualified opportunity zone, yielding major long-term tax benefits. The site also boasts excellent frontage and visibility along two streets: East Olympic Boulevard and Indiana Street. The property also provides ingress & egress from both streets and an alley along the west side of the lot.
Investment Highlights
- Prime Owner User or Redevelopment Opportunity
- 13,365 SF Signalized Corner Lot | Opportunity Zone
- Price Per SF Land - $145
- Possible Future Zoning Variance
- 9 Units by Right | 14 Units with Density Bonus
Exclusively Listed By
Financing By
Listing Price: $1,938,888
Investment Highlights
- Prime Owner User or Redevelopment Opportunity
- 13,365 SF Signalized Corner Lot | Opportunity Zone
- Price Per SF Land - $145
- Possible Future Zoning Variance
- 9 Units by Right | 14 Units with Density Bonus
Investment Overview
Marcus & Millichap is pleased to present 3821 E Olympic Boulevard, an excellent opportunity for an owner-user or affordable housing developer. This rare corner lot property sits on 13,356-square feet of land zoned LAR2. 3821 East Olympic Boulevard is a unique property that is currently operated as a Smog Check, Auto Repair, and Used Car Sales business. The property consists of one 1,169-square feet commercial building that is currently leased on a month-to-month basis. The site presents an excellent owner-user, redevelopment or repurpose opportunity for Affordable Housing, Auto Service, or Retail with a zone change / use permit. The property sits on 13,356-square feet of land zoned LAR2-1-CUGU located in a qualified opportunity zone, yielding major long-term tax benefits. The site also boasts excellent frontage and visibility along two streets: East Olympic Boulevard and Indiana Street. The property also provides ingress & egress from both streets and an alley along the west side of the lot.
Exclusively Listed By
Financing By

