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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



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.
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
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)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $48,468 (2025) | |
| Land Assessment | $87,706 (2025) | Total Assessment | $136,174 (2025) |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$87,706 (2025)
Improvements Assessment
$48,468 (2025)
Total Assessment
$136,174 (2025)
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Autobody & Office Opportunity | 4151 E Olympic Blvd
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