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5010 E Olympic Blvd 2,500 SF Industrial Building Los Angeles, CA 90022 $950,000 ($380/SF) 5.40% Cap Rate
Investment Highlights
- Designer "Creative" Finishes, Lots of natural light,
- Open floor plan with sandblasted beams and exposed brick.
- Central Air Conditioning, 3 ADA bathrooms
- Gated parking.
Executive Summary
Experience a "unicorn" in the East LA market. This 2,500 SF free-standing gem has been meticulously reimagined for the modern creative. The interior boasts authentic mid-century character, featuring stunning sandblasted wood beams and refurbished skylights that flood the art studio and gallery space with natural light.
Premium Features:
Designer Finishes: Three brand-new, ADA-compliant bathrooms with custom tile work.
Creative Flex Layout: Seamless transitions between gallery, showroom, and studio spaces.
Modern Infrastructure: Fully integrated Central Air (HVAC) and upgraded power (200a/240v 3-phase).
Advanced Security: Fully automatic gates and automatic high-clearance rollup doors.
The Grounds: 4 dedicated parking spaces plus a secure rear yard with a large carport and convenient alley access.
Ideally situated with thoroughfare frontage on E Olympic Blvd and immediate access to the 5 and 710 freeways. This property is the ultimate flagship for artists, designers, or any brand seeking a high-image, turn-key headquarters.
Premium Features:
Designer Finishes: Three brand-new, ADA-compliant bathrooms with custom tile work.
Creative Flex Layout: Seamless transitions between gallery, showroom, and studio spaces.
Modern Infrastructure: Fully integrated Central Air (HVAC) and upgraded power (200a/240v 3-phase).
Advanced Security: Fully automatic gates and automatic high-clearance rollup doors.
The Grounds: 4 dedicated parking spaces plus a secure rear yard with a large carport and convenient alley access.
Ideally situated with thoroughfare frontage on E Olympic Blvd and immediate access to the 5 and 710 freeways. This property is the ultimate flagship for artists, designers, or any brand seeking a high-image, turn-key headquarters.
Financial Summary (Pro Forma - 2026) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$51,300
|
$20.52
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$51,300
|
$20.52
|
| Taxes |
$11,875
|
$4.75
|
| Operating Expenses |
$18,000
|
$7.20
|
| Total Expenses |
$29,875
|
$11.95
|
| Net Operating Income |
$21,425
|
$8.57
|
Financial Summary (Pro Forma - 2026)
| Gross Rental Income | |
|---|---|
| Annual | $51,300 |
| Annual Per SF | $20.52 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $51,300 |
| Annual Per SF | $20.52 |
| Taxes | |
|---|---|
| Annual | $11,875 |
| Annual Per SF | $4.75 |
| Operating Expenses | |
|---|---|
| Annual | $18,000 |
| Annual Per SF | $7.20 |
| Total Expenses | |
|---|---|
| Annual | $29,875 |
| Annual Per SF | $11.95 |
| Net Operating Income | |
|---|---|
| Annual | $21,425 |
| Annual Per SF | $8.57 |
Property Facts
Amenities
- Fenced Lot
- Wheelchair Accessible
- Air Conditioning
Utilities
- Lighting
- Water
1 1
Walk Score®
Walker's Paradise (91)
Property Taxes
| Parcel Number | 5245-016-008 | Total Assessment | $707,472 (2025) |
| Land Assessment | $364,140 (2025) | Annual Taxes | $11,875 ($4.75/SF) |
| Improvements Assessment | $343,332 (2025) | Tax Year | 2026 |
Property Taxes
Parcel Number
5245-016-008
Land Assessment
$364,140 (2025)
Improvements Assessment
$343,332 (2025)
Total Assessment
$707,472 (2025)
Annual Taxes
$11,875 ($4.75/SF)
Tax Year
2026
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5010 E Olympic Blvd
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