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5010 E Olympic Blvd 2,500 SF Industrial Building Los Angeles, CA 90022 $1,321,678 CAD ($528.67 CAD/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 (CAD) | ANNUAL PER SF (CAD) |
|---|---|---|
| Gross Rental Income |
$71,371
|
$28.55
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$71,371
|
$28.55
|
| Taxes |
$16,521
|
$6.61
|
| Operating Expenses |
$25,042
|
$10.02
|
| Total Expenses |
$41,563
|
$16.63
|
| Net Operating Income |
$29,807
|
$11.92
|
FINANCIAL SUMMARY (PRO FORMA - 2026)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $71,371 |
| Annual Per SF | $28.55 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $71,371 |
| Annual Per SF | $28.55 |
| Taxes (CAD) | |
|---|---|
| Annual | $16,521 |
| Annual Per SF | $6.61 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $25,042 |
| Annual Per SF | $10.02 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $41,563 |
| Annual Per SF | $16.63 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $29,807 |
| Annual Per SF | $11.92 |
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 | $984,263 CAD (2025) |
| Land Assessment | $506,606 CAD (2025) | Annual Taxes | $16,521 CAD ($6.61 CAD/SF) |
| Improvements Assessment | $477,657 CAD (2025) | Tax Year | 2026 |
PROPERTY TAXES
Parcel Number
5245-016-008
Land Assessment
$506,606 CAD (2025)
Improvements Assessment
$477,657 CAD (2025)
Total Assessment
$984,263 CAD (2025)
Annual Taxes
$16,521 CAD ($6.61 CAD/SF)
Tax Year
2026
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5010 E Olympic Blvd
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