lot for sale | freeway visible | east los angeles 3965 e ... · legal questions should be discussed...

Represented by:

BARBARA ARMENDARIZ KEVIN HERRONPresident Vice PresidentBRE #01472088 BRE #01770438213.266.3333 x404 [email protected] [email protected]

SHARPLINE COMMERCIAL PARTNERS | 515 S. FLOWER STREET • 36TH FLOOR • LOS ANGELES, CA 90071 | 213.266.3333 • SHARPLINECP.COM | BRE #02021488

FOR SALE

3965 E. OLYMPIC BLVD, LOS ANGELES, CA 90023LOT FOR SALE | FREEWAY VISIBLE | EAST LOS ANGELES

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LOCATION OVERVIEW

East Los Angeles is the most populous census designated place in the State ofCalifornia. It is known for its rich Hispanic culture and great food finds. Property isstrategically located off the S. Ditman Ave. exit off the I-5 Freeway. Site is located inan underserved retail market only 0.5 miles away from the high industrial trade areaof Commerce.

PROPERTY HIGHLIGHTS• 260' of Frontage on E. Olympic Ave.

• Signalized intersection

• S. Ditman Ave. is an off and on ramp for Interstate 5 Freeway

• Site is located about a half mile north of high industrial area

• Could potentially be a good location for gas, c-station

OPPORTUNITY

Sale Price: $3,400,000

Lot Size: +/-1.28 Acres

APN #: 5242-006-018

Zoning: C3

Cross Streets: E. Olympic Blvd. and S. Ditman Ave.

Traffic Count: +/-260,000 on I-5

Source: CoStar

3965 E. OLYMPIC BLVD, LOS ANGELES, CA 90023LAND FOR SALE

PROPERTY FEATURES

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REGIONAL MAP


DEMOGRAPHICS MAP

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BARBARA ARMENDARIZ KEVIN HERRONPresident | Retail Services Vice PresidentBRE #01472088 BRE #01770438213.266.3333 x404 [email protected] [email protected]

* Demographic data derived from 2010 US Census

0.5 Miles 1 Mile 1.5 Miles

Total Population 10,866 38,321 72,227

Population Density 13,835 12,198 10,218

Median Age 28.7 28.6 29.0

Median Age (Male) 27.4 27.4 27.8

Median Age (Female) 30.4 30.0 30.3

Total Households 2,518 8,954 17,403

# of Persons Per HH 4.3 4.3 4.2

Average HH Income $43,192 $44,256 $44,835

Average House Value $365,196 $361,155 $360,888


SHARPLINE COMMERCIAL PARTNERS • 515 S. FLOWER STREET • LOS ANGELES, CA 90071 • 213.266.3333 • SHARPLINECP.COM

DisclaimerAll materials and information received or derived from SharpLine Commercial Partners its directors, officers, agents, advisors, affiliates and/or any third party sourcesare provided without representation or warranty as to completeness , veracity, or accuracy, condition of the property, compliance or lack of compliance with applicablegovernmental requirements, developability or suitability, financial performance of the property, projected financial performance of the property for any party’s intendeduse or any and all other matters.

Neither SharpLine Commercial Partners its directors, officers, agents, advisors, or affiliates makes any representation or warranty, express or implied, as to accuracy orcompleteness of the any materials or information provided, derived, or received. Materials and information from any source, whether written or verbal, that may befurnished for review are not a substitute for a party’s active conduct of its own due diligence to determine these and other matters of significance to such party.SharpLine Commercial Partners will not investigate or verify any such matters or conduct due diligence for a party unless otherwise agreed in writing.

EACH PARTY SHALL CONDUCT ITS OWN INDEPENDENT INVESTIGATION AND DUE DILIGENCE.

Any party contemplating or under contract or in escrow for a transaction is urged to verify all information and to conduct their own inspections and investigationsincluding through appropriate third party independent professionals selected by such party. All financial data should be verified by the party including by obtaining andreading applicable documents and reports and consulting appropriate independent professionals. SharpLine Commercial Partners makes no warranties and/orrepresentations regarding the veracity, completeness, or relevance of any financial data or assumptions. SharpLine Commercial Partners does not serve as a financialadvisor to any party regarding any proposed transaction. All data and assumptions regarding financial performance, including that used for financial modelingpurposes, may differ from actual data or performance. Any estimates of market rents and/or projected rents that may be provided to a party do not necessarily meanthat rents can be established at or increased to that level. Parties must evaluate any applicable contractual and governmental limitations as well as market conditions,vacancy factors and other issues in order to determine rents from or for the property.

Legal questions should be discussed by the party with an attorney. Tax questions should be discussed by the party with a certified public accountant or tax attorney.Title questions should be discussed by the party with a title officer or attorney. Questions regarding the condition of the property and whether the property complieswith applicable governmental requirements should be discussed by the party with appropriate engineers, architects, contractors, other consultants and governmentalagencies. All properties and services are marketed by SharpLine Commercial Partners in compliance with all applicable fair housing and equal opportunity laws.

LOT FOR SALE | FREEWAY VISIBLE | EAST LOS ANGELES

3965 E. OLYMPIC BLVD, LOS ANGELES, CA 90023

lot for sale | freeway visible | east los angeles 3965 e ... · legal questions should be discussed...

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