5016 E Olympic Boulevard, Los Angeles, CA, 90022

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$725,000
140 Days On Site

5016 E Olympic Boulevard
Los Angeles, CA 90022

For Sale|Commercial Sale|Active
0
Beds
0
Total Baths
2,250
SqFt
$322
/SqFt
1951
Built
County:
Los Angeles
Listed by Robert A Rodriguez of Compass bobby.rodriguez@compass.com
Call Now: 951-203-4426
Is this the listing for you? We can help make it yours.
951-203-4426
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Monthly Payment (Est.)

$3,308
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Rare freestanding 2,248 SF commercial building on high-visibility Olympic Blvd 26,000+ cars daily, 50' of frontage, and three flexible suites. Ideal owner-user opportunity for an artist, creative business, or any commercial user looking to own rather than rent. Can be delivered fully vacant or with two long-term tenants in place renting well below market significant upside on rollover with submarket rents at $25$30/SF. Occupy one suite and let tenants help cover the mortgage, or take the whole building as a studio, gallery, workshop, or creative compound. Single-story masonry construction built in 1951 with 12' ceilings, raw character, and on-site parking off the rear alley. LCM1 zoning supports retail, office, service, and creative uses. Minutes to DTLA, the Arts District, and Boyle Heights with easy 5/60/710 access. Vacant or income-producing your call. Bring your vision.

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Listing Snapshot
Price 
$725,000
Days On Site 
140 Days
Bedrooms 
N/A
Inside Area (SqFt) 
2,250 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.0653 Acres
Year Built 
1951
MLS® Number 
26828753
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
a week agoListing updated with changes from the MLS®
a week agoPrice changed to $725,000
5 months agoListing first seen on site
General Features
Acres 
0.0653
Parking Spaces 
2
Special Circumstances 
Standard
SqFt Total 
2250
Zoning 
LCM1*
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Community Features
MLS Area 
ELA - East Los Angeles


This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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