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Ann Marie Ahern & Angel Collins

team@sellinglaluxury.com +1(310) 409-7660

$ 750,000

Est. payment | -/mo

2,250 SqFt

Save

$ 750,000

Est. payment | -/mo

Save

2,250 SqFt

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 2,250 sqft

Price per Sqft $333

MLS Listing ID 26828753

Year Built 1951

Lot Size 2,845 Sqft

Acres 0.0653

Property 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.

Location

State CA

County Los Angeles

Area East La

Zoning LCM1*

Exterior

Garage Spaces 2.0

Others

Special Listing Condition Standard

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Listed by Compass

Nearby Locations

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Ann Marie Ahern & Angel Collins

REALTOR® Lic# 02005871 - 01711164

team@sellinglaluxury.com

+1(310) 409-7660

14140 Ventura Blvd. Suite 100, Sherman Oaks, CA 91423

5016 E Olympic Blvd Los Angeles, CA 90022

Ann Marie Ahern & Angel Collins

Key Details

Location

Exterior

Others

5016 E Olympic Blvd