5016 E Olympic BL Los Angeles CA 90022 | MLS #26828753
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.
Property Details
Price:
$725,000
MLS #:
26828753
Status:
Active
Beds:
0
Baths:
0
Type:
Commercial
Neighborhood:
elaeastlosangeles
Listed Date:
May 2, 2026
Total Sq Ft:
2,250
Lot Size:
2,845 sqft / 0.07 acres (approx)
Year Built:
1951
See this Listing
Schools
Interior
Exterior
Parking Spots
2
Parking Total
2
Financial
Map
Community
- Address5016 E Olympic BL Los Angeles CA
- CityLos Angeles
- CountyLos Angeles
- Zip Code90022
Subdivisions in Los Angeles
- 00068
- 12471
- 36158
- Angelino Heights, Echo Park
- Beachwood Canyon
- Bel Air crest
- Brentwood Circle Adjacent just across Sunset outsi
- Century Hill
- Culver District 16
- Custom
- Downtown
- Higgins Building
- Highland Park Extension
- Hollywood Dell
- Jefferson Park
- Koreatown, Los Angeles
- LA PALOMA ADD
- Ladera Heights
- Las Collinas Heights
- LE MOYNE TERRACES TRACT NO. 2
- Liddel
- Los Feliz Oaks Neighborhood
- Metropolis
- Nelavida
- Not Applicable-105
- Not in Development
- Other – 0011
- OTHR
- Outpost Estates
- Park Place
- Park Plaza 57
- ROBERT MARSH AND CO’S COUNTRY CLUB TERRACE TRACT L
- SB Grand
- Subdivision Name / Tract: 5609
- The Oaks
- The Sanborn Collection
- TR 337
- TRACT # 8560 LOT 16 BLK 11
- University Park
- West Adams
- Westmoreland Villa
- Willow Glen Estates/Hollywood Hills
- Winton & McLeod Figueroa St. Tract
- Winton & McLeods Figueroa Tract
Market Summary
Current real estate data for Commercial in Los Angeles as of Sep 14, 2026
309
Commercial Listed
157
Avg DOM
$2,602,750
Avg List Price
Property Summary
- 5016 E Olympic BL Los Angeles CA is a Commercial for sale in Los Angeles, CA, 90022. It is listed for $725,000
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Courtesy of Compass. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than Compass include the name of the listing broker. Neither the listing company nor Compass shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. California Regional Multiple Listing Service. All rights reserved.5016 E Olympic BL
Los Angeles, CA
