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5010 E 3rd Street, East Los Angeles, CA 90022

Commercial property · 2 recorded sales since 2020

5010 E 3rd Street, East Los Angeles, CA 90022 Sold August 2020 CRMLS
$2,500,000Sold August 2020

Listing Agent: Edgar Koenig (DRE #00831815) · Listing Office: Ed Koenig IRE · Contact: 818-755-8088 · Bought with: Daniel Bernier · Unknown Office · MLS #SR19257661 · Source: CRMLS

1,278
Building Sq Ft
18,944 sqft
Lot Size
1980
Year Built
Commercial property
Type

About this commercial property

Developers and Builders, this is a rare opportunity to develop in Prime East LA, on 3rd Street, directly across the street from the East LA Civic Center. Build By Right, 35 Units Mixed Use / 25 Apartments and 10 Commercial Units or up to 44 Mixed-Use Units Including 34 Affordable Housing (Section 8) units and 10 Commercial units (subject to Regional Planning approval). The Parcel is positioned less than 1,000 feet from the County Courthouse, Building Department, East LA Library, Belvedere Park Lake and is less than 1,000 feet to Metro Gold Line Atlantic Station, Dionicio Morales Transit Plaza, and Kaiser Permanente Hospital. Minutes from Major Freeway access to the 5, 60, 710 and 10 Freeways. Nearby shopping and well-known local eateries. East LA is deep in History and Culture. As one of the Oldest Neighborhoods in Los Angeles, East LA has a lineage of culture that can be found in the community with its unique shops, businesses and landmarks.

Listing description from the August 2020 sale, as reported to CRMLS.

Sale history

$2,500,000
Sold August 2020 · on market November 2019 · MLS #SR19257661 · Source: CRMLS
Listing Agent: Edgar Koenig · Listing Office: Ed Koenig IRE · Contact: 818-755-8088 · Bought with: Daniel Bernier · Unknown Office
$2,500,000
Sold August 2020 · on market November 2019 · MLS #SR19257609 · Source: CRMLS
Listing Agent: Edgar Koenig · Listing Office: Ed Koenig IRE · Contact: 818-755-8088 · Bought with: Daniel Bernier · Unknown Office
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