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5016 E Olympic Boulevard
$725,000

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Los Angeles

5016 E Olympic Boulevard

Sobre Esta Propiedad

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.

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Listado cortesía de Compass

Listing data from CRMLS. Deemed reliable but not guaranteed.

Precio de Lista

$725,000

Pago Mensual Estimado

$4,633/mes

20% enganche · 6.5% tasa · 30 años

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Agente de Listado

Robert A Rodriguez

Compass