5016 E Olympic Boulevard, Los Angeles, California 90022

  • $750,000
5016 E Olympic Boulevard, Los Angeles, CA 90022
Active
5016 E Olympic Boulevard, Los Angeles, California 90022
5016 E Olympic Boulevard, Los Angeles, CA 90022
  • $750,000

Description

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.

  • Address 5016 E Olympic Boulevard
  • City Los Angeles
  • State/county CA
  • Zip/Postal Code 90022
  • Country US

Details

Updated on May 2, 2026 at 5:03 pm
  • Property ID: 26828753
  • Price: $750,000
  • Property Size: 2250 Sqft
  • Land Area: 0.0653 Acres
  • Year Built: 1951
  • Property Type: Commercial Sale
  • Property Status: Active

Additional details

  • County: Los Angeles
  • Property Type: Commercial Sale

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