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5850 W Olympic

Los Angeles, CA 90036
Square Ft.
2,304
Active
Commercial
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$3,950,000
Located at 5850 W Olympic Blvd, the Olympic Motor Lodge represents a premier investment and development opportunity in the heart of Los Angeles’ high-demand Miracle Mile and Mid-Wilshire corridor. This strategic location places the property in a world-class cultural hub, situated just blocks from the Academy Museum of Motion Pictures,… Read MoreRead Less
Property listed by Keller Williams Realty-Studio City, Joseph Rudd 310-259-7556
Listing Snapshot
Days Online
2
Last Updated
Property Type
Retail
Square Ft.
2,304
Lot Size
0.08 Acres
Year Built
1949
MLS Number
SR25277086
Property Location Map
Additional Details
Building
Built in 1949, 1 building, 2 stories, Entry level: 1, Construction Materials: Stucco
Community
Park
Cooling
Ductless, Electric, EnergyStarQualifiedEquipment, HeatPump
Expenses
Electric: $1,536, Insurance: $4,923.96, Maintenance: $6,000, Operating: $40,092.1, Supplies: $6,000, Trash: $1,632, Water/Sewer: $7,200, Other Expense: $950
Heating
Ductless, Electric, EnergyStarQualifiedEquipment, HeatPump
Income
Gross ScheduledIncome: $150,000, Net Operating Income: $95,907.9
Laundry
ElectricDryerHookup, GasDryerHookup
Lot
0.0789 acres, Dimensions: irregular, SixToTenUnitsAcre, CornerLot, DripIrrigationBubblers, Garden, NearPark, Paved, SprinklersTimer, SprinklerSystem, Walkstreet
Parking
4 open parking spaces, 4 total parking spaces
Property
Leasable area units: SquareFeet, Other structures: LivingQuarters
Roof
Asphalt, Flat, FireProof
Taxes
Additional parcels description:, Parcel Number: 5085001014, Annual Amount: $12,800.1, Year: 2025, Zoning: LAR3
Utilities
CableConnected, ElectricityConnected, NaturalGasConnected, PhoneConnected, SewerConnected, WaterConnected, Water Source: Public
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Monthly Payment
$0
Michael Harby
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Schools In The Area

Check out nearby schools with ratings and contact info.
Carthay School 323-935-8173 Public KG-5
Emerson Community Charter 310-234-3100 Public 6-8
Fairfax High School 323-370-1200 Public 9-12
Carthay School 323-935-8173 Public KG-5
Carthay School 323-935-8173 Public KG-5
Emerson Community Charter 310-234-3100 Public 6-8
Fairfax High School 323-370-1200 Public 9-12

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Listing Information © California Regional MLS. All Rights Reserved.

Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.