Share This Listing

Message

927 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the brokers for more information about this property

Autobody & Office Opportunity 4151 E Olympic Blvd 5,014 SF 100% Leased Retail Building Los Angeles, CA 90023 $1,450,000 ($289.19/SF) 6.72% Cap Rate

Save this listing!

Favorite this listing to get notified of price updates, new media and more

INVESTMENT HIGHLIGHTS

  • Multi-tenant industrial property with a mix of automotive and residential uses
  • One Unit will be delivered vacant, which will allow a new owner to utilize the bay for their business or set the market rent.
  • Strong visibility and access to major freeways, minutes from Downtown LA
  • Features roll-up doors, automotive bays, and flexible warehouse/service space
  • Currently leased to four automotive operators and one residential tenant

EXECUTIVE SUMMARY

1162 S. Gage Avenue and 4141-4151 E. Olympic Boulevard comprise two contiguous parcels improved with four one-story mixed-use buildings, including a single-family residence and commercial structures occupied by automotive-related businesses. Together, the properties total approximately 5,014 square feet of building area (title) on a 14,057-square-foot lot.
Positioned along Olympic Boulevard, a major thoroughfare situated between signalized intersections, the property offers excellent visibility, prominent street frontage, and convenient ingress/egress. The high-traffic location supports strong customer access and enhances the long-term value of the site.
Zoned LCM1 (Light Industrial), the properties are located in unincorporated Los Angeles County, providing flexibility for a range of industrial and commercial uses. This offering represents an excellent opportunity for investors to reposition the property with a new tenant base and capture higher market rents on an NNN basis, or for an owner/user to expand an existing automotive business.
1162 S Gage Ave is a mixed-use property currently functioning as a two-bedroom, one-bath residence, along with three commercial units offering automobile-related services. The building, constructed in 1922, encompasses 2,328 square feet and sits on a 6,720-square-foot lot, zone LCM1.
4141-4151 E Olympic Blvd is a commercial property with two units totaling 2,686 SF on a 7,333 SF lot. This section of the property has approximately 67 feet of frontage along E. Olympic Blvd., making it ideal for business signage and increased exposure. With a daily traffic count of over 24,000 cars, there is significant visibility that can attract customers to these businesses.

FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access

ANNUAL ANNUAL PER SF
Gross Rental Income $99,999 $9.99
Other Income - -
Vacancy Loss - -
Effective Gross Income $99,999 $9.99
Taxes - -
Operating Expenses - -
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access

Gross Rental Income
Annual $99,999
Annual Per SF $9.99
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual $99,999
Annual Per SF $9.99
Taxes
Annual -
Annual Per SF -
Operating Expenses
Annual -
Annual Per SF -
Total Expenses
Annual $99,999
Annual Per SF $9.99
Net Operating Income
Annual $99,999
Annual Per SF $9.99

PROPERTY FACTS In Escrow

Sale Type
Investment or Owner User
Sale Condition
Bulk/Portfolio Sale
Property Type
Retail
Property Subtype
Auto Repair
Building Size
5,014 SF
Building Class
C
Year Built/Renovated
1962/2023
Price
$1,450,000
Price Per SF
$289.19
Cap Rate
6.72%
NOI
$97,440
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.36
Lot Size
0.32 AC
Zoning
LCM1* - Light Industrial
Parking
14 Spaces (2.79 Spaces per 1,000 SF Leased)
Frontage
67’ on Olympic Blvd

AMENITIES

  • Corner Lot
  • Fenced Lot
  • Signage
  • Storage Space
Walk Score®
Very Walkable (79)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

NEARBY MAJOR RETAILERS

King Taco
Food 4 Less
Vallarta Supermarkets
Bank of America

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 5242-001-007
  • 5242-001-008
Land Assessment
$87,706 (2025)
Improvements Assessment
$48,468 (2025)
Total Assessment
$136,174 (2025)
  • Listing ID: 37566436

  • Date on Market: 9/5/2025

  • Last Updated:

  • Address: 4151 E Olympic Blvd, Los Angeles, CA 90023

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}