$725,000

5016 E Olympic Boulevard, Los Angeles CA, 90022

Price per sqft$322.22

Built in1951

Property size2,250 sqft

Property typeCommercial

Listed by Robert A Rodriguez CA DRE# 01939553 with Compass 323-377-4067

Overview

Active

Listed May 2, 2026

Updated 3 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: 26828753

Interior Features

Bathrooms: 0
Basement: No

Exterior Features

Lot Size: 0.07 Acres

Listed by Robert A Rodriguez CA DRE# 01939553 with Compass 323-377-4067

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 9/12/2026. 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. 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. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

Data last updated on 9/12/2026 at 3:42 AM UTC Last Checked: 3:42 AM UTC