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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

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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.

ATTACHMENTS

Floor Plan

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

Price $950,000
Price Per SF $380
Sale Type Investment or Owner User
Cap Rate 5.40%
Property Type Industrial
Property Subtype
Warehouse
  • Flex Light Manufacturing
  • General Retail Storefront
  • OfficeLoft Creative Space
Building Class C
Lot Size 0.07 AC
Rentable Building Area 2,500 SF
No. Stories 1
Year Built 1963
Tenancy Single
Parking Ratio 3.2/1,000 SF
Clear Ceiling Height 12’
No. Drive In / Grade-Level Doors 1
Zoning M1 - Limited Industrial

AMENITIES

  • Fenced Lot
  • Wheelchair Accessible
  • Air Conditioning

UTILITIES

  • Lighting
  • Water
Walk Score®
Walker's Paradise (91)
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.®

PROPERTY TAXES

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
  • Listing ID: 39050151

  • Date on Market: 1/12/2026

  • Last Updated:

  • Address: 5010 E Olympic Blvd, Los Angeles, CA 90022

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