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