Properties

Los Angeles, CA 90036 5850 W Olympic

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Presented By: Joseph Rudd with Keller Williams Realty-Studio City; 818-605-7732
  • MLS# SR25277086
  • 12/11/2025
  • Get pre-approved
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  • Baths • 1
  • SQFT • 2,304

Home Details

Located at 5850 W Olympic Blvd, the Olympic Motor Lodge represents a premier investment and development opportunity in the heart of Los Angelesโ€™ 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, LACMA, and the La Brea Tar Pits, while remaining steps away from the vibrant dining scene of Little Ethiopia. Centrally positioned between the luxury of Beverly Hills and the commercial energy of Downtown LA, the property sits on a prime parcel of land where potential rezoning for multi-family residential use offers a lucrative long-term play for developers looking to capitalize on the city's increasing density. The property has undergone a comprehensive series of high-end infrastructure and cosmetic upgrades that ensure a turnkey experience with virtually no deferred maintenance. In 2024 and 2025 alone, the motel was outfitted with brand-new Pergo laminate flooring, energy-efficient double-pane windows, and wall-mounted mini-split HVAC units for modern climate control. The plumbing and water systems were similarly revolutionized in 2024 with the installation of a new tankless water heater and a building-wide water softener system. These recent improvements build upon a solid foundation of copper plumbing and a fully redone electrical systemโ€”including a new main panelโ€”and fully insulated walls, all completed to ensure long-term structural integrity and efficiency. Beyond its physical excellence, the motel offers a robust, three-tiered revenue model that provides immediate financial stability. In addition to steady lodging income, the property features a guaranteed passive income stream through a billboard currently leased by Lennar. There is significant untapped upside for a new owner-operator; by converting the current ownerโ€™s unitโ€”which features a private gas stove and washer/dryerโ€”back into a guest room and renting out the second family unit, the monthly rent roll can be substantially increased. Whether viewed as a high-performing boutique hospitality asset or a strategic land-bank for future multi-family development, this Miracle Mile gem is perfectly positioned for the sophisticated investor.
Presented By: Joseph Rudd with Keller Williams Realty-Studio City; 818-605-7732

Interior Features for 5850 W Olympic

Other Interior Features

LivingAreaSourceAssessor
Air Conditioning Y/NYes
Heating Y/NYes
Laundry FeaturesElectric Dryer Hookup, Gas Dryer Hookup
Total Stories2

Other Rooms

Entry Level1

General for 5850 W Olympic

Additional Parcels Y/NNo
Building Area UnitsSquare Feet
Building FeaturesPhone System, TV System
Building NameOlympic Motor Lodge
Business TypeHotel/Motel, Hospitality
Carport Spaces
CityLos Angeles
Community FeaturesPark
Construction MaterialsStucco
CoolingDuctless, Electric, ENERGY STAR Qualified Equipment, Heat Pump
CountyLos Angeles
Current UseCommercial
DirectionsW Olympic and South San Vicente Boulevard
Electric Expense1536
Expected Active Date 2026-01-05
HeatingDuctless, Electric, ENERGY STAR Qualified Equipment, Heat Pump
Insurance Expense4923.96
Land Lease Y/NNo
Lease Considered Y/NNo
Listing TermsCash to New Loan
Lot Size Square Feet3436
Lot Size UnitsSquare Feet
MLS AreaC17 - Mid-Wilshire
MaintenanceExpense6000
Net Operating Income95907.95
Number Of Units Total7
Number of Units Leased5
Occupancy TypeOwner
Open Parking Spaces4
Operating Expense40092.05
Other StructuresLiving Quarters
PostalCityLOS ANGELES
Property Sub Type AdditionalRetail
Property SubtypeRetail
Property TypeCommercial Sale
RoofAsphalt, Flat, Fire Proof
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Tax Annual Amount12800.09
Tax Year2025
Trash Expense1632
UtilitiesCable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
Water Sewer Expense7200
Year Built1949
Year Built SourceAssessor
ZoningLAR3

Exterior for 5850 W Olympic

Building Area Total2304
Lot Dimensionsirregular
Lot Features6-10 Units/Acre, Corner Lot, Drip Irrigation/Bubblers, Garden, Near Park, Paved, Sprinklers Timer, Sprinkler System, Walkstreet
Lot Size Acres0.0789
Lot Size Area3436
Lot Size SourceAssessor
LotDimensionsSourceAssessor
Number of Buildings1
Total Parking4
Water SourcePublic

Additional Details

Price History

Schools

High School Hubert H Humphrey Middle School
Middle School N/A
Elementary School Big Hollow Elementary School

Connect Realty

Price $3,950,000
MLS#SR25277086
List Date 12/11/2025
Property Type Commercial
Phone 888.795.6274
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