Property photo 1
2,250 sqft

$725,000

5016 E Olympic Boulevard, Los Angeles CA, 90022

Price per sqft$322.22
Built in1951
Property size2,250 sqft
Property typeCommercial

Overview

Active

Listed May 2, 2026

Updated 2 weeks ago

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.

Additional information

MLS® ID
CL26828753

Interior Features

Basement
No

Exterior Features

Lot Size
0.07 Acres
MLS provider logo

Listed by Robert A Rodriguez, with Compass
Listing Contact: 323-377-4067 

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