3031 W Olympic Blvd 4,324 sq ft 100% Let Retail Property Los Angeles, CA 90006 £1,667,093 (£385.54/sq ft)

Prime Retail Commercial Property for Sale in the Heart of Koreatown – Olympic Blvd, Los Angeles
Asking Price: $2,250,000
Building Size: 4,324 sq.ft.
Prime Retail Commercial Property for Sale in the Heart of Koreatown – Olympic Blvd, Los Angeles
Located in the bustling core of Koreatown on iconic Olympic Boulevard, this exceptional commercial retail property offers unmatched visibility, steady foot traffic, and
incredible growth potential. Spanning approximately 4,324 SF the space features large street-facing windows, high ceilings, and a flexible open floor plan—perfect for
a variety of retail, food & beverage, or service-oriented businesses. Ideal for both Owner-Users and Investors Situated in the vibrant core of Koreatown,
this secure, standalone warehouse property offers a rare opportunity to acquire a value-add asset in a highly desirable location. Priced below market, the property presents significant upside potential through strategic long-term leasing, repositioning, or future expansion.
The front unit is currently leased with 3 years remaining on the lease term, generating
monthly rental income of $3,500, providing immediate cash flow for investors.
Also, Excellent Opportunity Zone in Highly Coveted Location of Koreatown. Olympic and Normandie. New Developments are sprawling with thousands of new apartment and condo units in the area right now. Plans to build 14 units, (1) Studio, (4) 1+1 and (9) 2+2. Take advantage of TOC Tier 3, Density bonus 70%. C2-1 Zoning. Profitable income producing Development Opportunity. 7 Automobile Parking spaces and 16 Bike spaces. Wilshire/Normandie Transit/Subway Station (Purple Line). Walk score 93. project .