Commercial: MLS #0025588443 Los Angeles, CA $ 1,450,000
Commercial: MLS #0025588443
$ 1,450,000
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Commercial: MLS #0025588443

Los Angeles, CA, 90023
$ 1,450,000
Bedrooms-- Baths--

Monthly Estimate*

$ 8,928

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Commercial Property for sale in Los Angeles, CA

for $1,450,000. This building was built in 1955.

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.

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Commercial Contingent

Price

$ 1,450,000

Property Type

Commercial

Taxes

$ 0

Style

Year Built

1955

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

0025588443

Features
General
Zoning LCM1*
Security Features Window Bars Gated Community
Year Built 1955
Business Type Retail Industrial
County Los Angeles
Net Operating Income 97422.0
Property Type F
Contingency Active Under Contract
Status Active Under Contract
City Los Angeles
MLS Area ELA - East Los Angeles
Lot Size Square Feet 0.0
Standard Status Active Under Contract
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Exterior
Lot Features Corner Lot Lot 10000-19999 Sqft
Lot Size Area 14057.0
Lot Size Acres 0.0
Land Lease Type Fee
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Interior
Total Stories 1
Total Baths 0
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* Excluded Features
List By
David Weinberger

Listing Agent

Keller Williams Studio City

Broker

Affordability Calculator

$8,928
Per Month
100%
0%
0%
Monthly Principal & Interest
$8,928
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
793437 Elementary School
793428 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
9/6/2025$1,450,000 Listed Price

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