See Home Value
$44,483,861*
Land - Off Market

2323 W OLYMPIC

LOS ANGELES, CA 90006
bedrooms
Studio
bathrooms
0 Bath
$29,700,000 - $36,300,000
Reference Base Price*
34.80%
Since Oct 1, 2020
CA-Los Angeles
Primary Model

About This Property

This investment offers an opportunity to purchase a single tenant supermarket asset Northgate Market or develop and build maximum 220 units. A great mixed-use development opportunity is in prime Koreatown submarket, adjacent to Downtown LA. This area has seen a dramatic change in the last years, with the addition of many new coffee shops, restaurants, retails, and new construction housing. The property is made up of an approximately 19,437 SF building, with approximately 71,961 SF land. TOC Tier 3 incentives allow a developer potentially to build up to 220 units. Property benefits from significant frontage on the heavily trafficked retail corridor of Olympic Blvd. Property suits to the surrounding area demographics and drives significant traffic to this location. * Property records for the building show 19,437 square feet. The land is approximately 71,961 SF. Buyer to verify all information inclusive ofsquare footage. Don't disturb tenant.
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
Land
Property Taxes
-
HOA Dues
-
Year Built
1962

Price History

Date / Event Date Event Price
Sep 19, 2020 No longer available -
No longer available
Jun 25, 2020 Price Decreased $33,000,000
↓ $2M (5.7%)
Price Decreased
Apr 13, 2020 Listed $35,000,000
Listed

Property Highlights

With View


Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20200413
04/13/2020
Loft
-
-
$35,000,000
bedrooms
Loft
bathrooms
-
-
-
-
-

Building Info

2323 West Olympic Boulevard 2323 West Olympic Boulevard, Los Angeles, CA 90006
More about this Building
2323 West Olympic Boulevard
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