5016 E Olympic Boulevard, Los Angeles, CA 90022

• 2,250 sqft

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.

Listing Status:

Active

Date Added:

May 2, 2026

Data Last Updated:

May 21, 2026 at 1:07AM

Listing Office:

Compass : 323-593-6999

Listing Agent:

Robert A Rodriguez : 323-377-4067

MLS ID:

CL26828753

Exterior

• Parking: Parking spaces: 2

Location

• County: Los Angeles

Lot

• Zoning: LCM1*5245016010