5016 E Olympic Boulevard

Los Angeles , CA 90022

MLS#: DW25178495

$749,900

Status: Active
Listing number: DW25178495
Listing provided by: Big Block Powerhouse Realty
Listing agent phone: None
Last update: 2 months ago
On site: 2 months ago
Browse Properties
Main image without alt text

Property

Beds

None

Full Baths

None

1/2 Baths

None

Year Built

1951

Sq.Footage

N/A

Great business opportunity knocking at your door in East Los Angeles area. Currently the building is divided in 3 spaces. Two of the spaces are rented and the 3rd space is occupied by the owner, This is the opportunity your are looking for to start your own business.

Features & Amenities

Interior

  • Total Bedrooms

    N/A

  • Bathrooms

    N/A

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Pool

    No

Area & Lot

  • Lot Features

    Near Public Transit

  • Lot Size(acres)

    0.0653

  • Property Type

    Commercial Sale

  • Property Sub Type

    Business

Price

  • Sales Price

    $749,900

  • Sq. Footage

    N/A

  • Price/SqFt

    N/A

HOA

  • Association

    No

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • Stories

    1

  • Water Source

    Public

Schedule a Showing

Showing scheduled successfully.

<
>
IN PERSON
VIA CHAT

Change time

Mortgage calculator

Estimate your monthly mortgage payment, including the principal and interest, property taxes, and HOA. Adjust the values to generate a more accurate rate.

Your payment

Principal and Interest:

$

Property taxes:

$

HOA fees:

$

Total loan payment:

$

Total interest amount:

$

Location

County

Los Angeles

Elementary School

Middle School

High School

Listing Courtesy of Blanca Dominguez , Big Block Powerhouse Realty

RealHub Information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. RealHub website owner shall not be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

Agent LinaMirza

FOUNDER

LinaMirza

Call Lina today to schedule a private showing.

(818) 321-0175

Lina@theosrealty.com


* Listings on this website come from the FMLS IDX Compilation and may be held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work please click here to review our DMCA policy and learn how to submit a takedown request.© 2024 FMLS.
Great business opportunity knocking at your door in East Los Angeles area. Currently the building is divided in 3 spaces. Two of the spaces are rented and the 3rd space is occupied by the owner, This is the opportunity your are looking for to start your own business.

5016 E Olympic Boulevard

Message successfully sent.

What would you like to know?

Related Properties

Single-story Commercial building encompassing approximately 2,220 square feet of space on a 4,810 square foot lot. Originally built in 1930, the property is zoned LAC2, offering a wide range of commercial uses including retail, office, and service-oriented businesses. The current tenant operates on a month-to-month lease. With its versatile layout and street-facing frontage, private secured parking in the back, the building presents a valuable opportunity for both owner-users and investors. Situated along a highly visible stretch of Western Avenue just south of Vernon Avenue, the property benefits from strong vehicular traffic and convenient access to major roads, including the 110 and 10 Freeways. The surrounding area includes a mix of neighborhood retail, auto-related businesses, and community-serving establishments. Its central location offers connectivity to USC, Downtown LA, and nearby transit lines. In addition, the property is located within a federally designated Opportunity Zone, which may provide significant tax advantages for qualified investors.
#SR25235489

Los Angeles

5014 S Western Avenue

None Beds

None Baths

2,220 Sq.Ft.

$750,000

MLS#: SR25235489

Multiple offers. Deadline for 'best & final' offers is Thursday, Oct. 16th at 5 pm. Trust Sale, COURT CONFIRMATION REQUIRED. Multiple offers. Excellent development or investment opportunity on a substantial 13,518 sq ft lot zoned LCM1. The property includes a functioning grocery store and a butcher shop that is sublet by the grocery tenant. The current lease for the grocery store expired in 2022, and it is highly advisable for prospective buyers to review all lease agreements and terms. This versatile property offers significant potential for the highest and best use, whether for redevelopment, retail expansion, or other commercial/industrial uses permissible under LCM1 zoning. The lot's size and zoning provide flexibility for various development visions, making it an attractive opportunity for investors or developers seeking to capitalize on a strategic location. The property is being sold AS IS, with easy access for showings. This is a rare chance to acquire a well-located parcel with substantial upside potential in a high-traffic area, suitable for buyers with redevelopment visions or those looking for a solid income-producing asset.
#SR25232578

Los Angeles

4211 E Olympic Boulevard

None Beds

None Baths

3,039 Sq.Ft.

$699,000

MLS#: SR25232578

Prime 4-Unit Office Space in the Heart of Chinatown, Los Angeles. Located in a vibrant multi-unit commercial building, the most busy street on the center of the Chinatown location, this property offers four versatile office units: with two upstairs and two downstairs that open to a central square next to a hair salon and a jewelry store. Ideal for small-middle businesses, startups, or professional services and boasting a central location in the bustling Chinatown district, the space features modern amenities, ample natural light, and proximity to cultural landmarks, dining, and public transit. Perfect for investors seeking a dynamic commercial opportunity in one of LA’s most iconic neighborhoods.
#WS25222304

Los Angeles

818 N Broadway

None Beds

None Baths

1,600 Sq.Ft.

$768,000

MLS#: WS25222304

Great opportunity to own a warehouse to establish a new business or to lease out .Centrally Located Close to Downtown Los Angeles, City of Commerce and Railroads. amenities include Two Offices, Two Bathrooms and a Loft for Additional Usage or Storage.
#CV25217919

Los Angeles

3537 E 15Th Street

None Beds

None Baths

3,960 Sq.Ft.

$890,000

MLS#: CV25217919

Unique opportunity to own a mixed-use property in a high-traffic location! This parcel features a commercial building, residential units, and parking lot - providing versatilty for investors or owner-users. The front commercial building is currently operating as a busy barbershop. Behind the storefront, you'll find a 2-bedroom, 2-bath residence. There is also an additional 1-bedroom, 1-bath accessory dwelling unit with potential for ADU renovation or expansion (status of permits unknown). Easy access to major freeways.
#SW25193712

Los Angeles

618 W Florence Avenue

None Beds

None Baths

1,568 Sq.Ft.

$780,000

MLS#: SW25193712

IKON Properties is pleased to present a development opportunity at 6804 Hoover Street, located in the heart of South Los Angeles, CA. This property offers over 5,000 square feet of land, with plans already in place to construct a modern 3-story, 12-unit multifamily apartment building. The proposed design accommodates both affordable housing and Section 8 tenants, making it a compelling choice for builders and investors looking to contribute to the city’s housing supply while securing a long term income stream. Key Highlights: Location: Centrally positioned in Los Angeles, benefiting from high visibility and access to key transportation routes, retail, and amenities. Size: 5,000+ square feet of land. Development Plans: Ready to build plans for a 3-story, 12-unit multifamily building. Affordability: Design allows for affordable housing units, eligible for Section 8 tenants, creating consistent demand. Investment Opportunity: Priced competitively for builders and developers seeking long term returns from a stable income producing asset. This property presents an outstanding opportunity for investors or developers looking to capitalize on a highly sought after location with significant upside potential. Whether you're seeking a project with consistent cash flow or a value add development opportunity in a growing market, 6804 Hoover Street is an excellent choice for your next real estate development. For more information, please contact us to discuss this opportunity further.
#SR25189929

Los Angeles

6804 S Hoover Street

None Beds

None Baths

1,200 Sq.Ft.

$670,000

MLS#: SR25189929

This mixed-use property, nestled in the vibrant Boyle Heights neighborhood of Los Angeles is strategically positioned for both residential and commercial success, and boasts a lot size of 5,139 square feet. Comprising two separate buildings, the first encompasses a 728-square-foot salon, offering a turnkey investment with a month-to-month lease and an enticing 7% cap rate. The second building features a comfortable 2-bedroom/1-bath residence spanning 1,345 square feet. Notably, the residence includes a non-confirming studio—a hidden income potential not currently reflected in the existing revenue. The month-to-month leases for both the salon and the residential unit provide flexibility for new owners, whether considering owner-occupation or optimizing rental terms. This property offers a unique house-hacking opportunity, allowing residents to live in the comfortable home while benefiting from the immediate income generated by the salon. Furthermore, with the potential for an SBA loan, financing options add an additional layer of appeal for savvy investors. Priced attractively at $500 per square foot for the residential component, this property stands out in the market. Beyond its immediate income potential, the mix of commercial and residential elements positions it as a well-rounded investment with prospects for long-term appreciation. Don't miss the chance to explore this rare mixed-use gem in Boyle Heights. Contact us today to schedule a viewing and uncover the full potential of this dynamic property—perfect for those seeking a diverse investment portfolio or a distinctive house-hacking opportunity. Tier 2 TOC bonus available.
#PW25181626

Los Angeles

3306 E 8th Street

None Beds

None Baths

2,073 Sq.Ft.

$675,000

MLS#: PW25181626

Discover an excellent mixed-use investment opportunity in the heart of Southeast Los Angeles. This versatile property features a total of 5 income-producing units with a combination of retail and residential spaces, perfect for an owner-user or investor seeking steady rental income with future upside. Property Highlights: 2 Commercial Storefronts (Downstairs) Currently leased to stable tenants: a market and a nutrition center 3 Residential Apartments (Upstairs) One 1-bedroom unit Two 2-bedroom units Separate Meters: Each unit is separately metered for utilities Current Gross Monthly Income: $6,600/month Building Condition: Vintage charm with opportunity for upgrades — no central AC and interiors are mostly original, offering great value-add potential Zoning: Ideal for mixed-use, live/work, or small business with on-site housing Location: High-visibility street with consistent foot traffic and convenient access to transit corridors, local businesses, and community amenities Perfect for investors looking for reliable cash flow, future renovation upside, or an opportunity to reposition in a growing neighborhood.
#DW25169717

Los Angeles

5426 Compton Avenue

None Beds

None Baths

4,374 Sq.Ft.

$869,999

MLS#: DW25169717

Unlock the potential of 4518–4522 S Vermont Ave, a 2,508 sq ft commercial building situated on a 5,752 sq ft lot in the dynamic Vermont Square neighborhood of Los Angeles. Zoned LAC2, this property offers excellent flexibility for a variety of commercial and mixed-use possibilities. The building is comprised of three finished units, currently being used as offices for an established business, making it ideal for owner-users or investors looking for immediate rental income. Each unit is well-maintained and move-in ready. At the rear of the property, a gated parking area with alley access provides added convenience and functionality—perfect for customer parking, deliveries, or potential future development (buyer to verify).
#DW25161066

Los Angeles

4518 S Western Avenue

None Beds

None Baths

2,508 Sq.Ft.

$599,999

MLS#: DW25161066

- property

Send a message

Message successfully sent.

Your message

Reason for contacting?

Sign Out

Virtual Assistant

Would you like to take the next step with this property? We can help you schedule a showing or virtual tour, or send you more details.

Yes, I would like more information.

Thank You for Your Reply, One of Our Agents will contact you as soon as possible

No, maybe later.

Thank you, you can always contact me via email, phone number or through the contact form.

Realhub AI

Lucy - Your AI-Powered Realtor

Update Your Temporary Password

Personalize your search

Enter your email and we'll notify you immediately when new listings match what you're looking for.

or enter email address

Already have an account ? Login here

Continue your home search

Already have an account ? Login here