5850 W Olympic Los Angeles, CA 90036
- Added:
- Jan 4, 2026
- Days on Market:
- 116
- Last Refresh:
- Apr 30 at 9:06 pm
Property Features for 5850 W Olympic
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- LAR3
- Interior features
- Living Quarters, Phone System, Tv System
- Standard status
- Active
- APN
- 5085001014
- Size
- 2,304 SF
Utilities
- Utilities
- Phone Available
- Cooling system
- Ductless, Electric, ENERGY STAR Qualified Equipment, Heat Pump
Building Details
- Year built
- 1949
- Architectural style
- Other
Listing agent Joseph Rudd License #01518987 (818) 605-7732
Listing office Keller Williams Realty-Studio City 12711 Ventura Blvd., Studio City, CA (818) 432-1500
Listing date Jan 4, 2026
MLS# SR25277086
Listing URL
Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Overview
Los Angeles Hospitality Investment Opportunity
Located at 5850 W Olympic Blvd, the Olympic Motor Lodge is an investment and development opportunity in the Miracle Mile and Mid-Wilshire corridor of Los Angeles. The property is situated near the Academy Museum of Motion Pictures, LACMA, and the La Brea Tar Pits, and close to the dining options of Little Ethiopia. Positioned between Beverly Hills and Downtown LA, the property is located on land that may be rezoned for multi-family residential use. The property has undergone infrastructure and cosmetic upgrades. In 2024 and 2025, the motel was outfitted with Pergo laminate flooring, energy-efficient double-pane windows, and wall-mounted mini-split HVAC units. In 2024, the plumbing and water systems were updated with a new tankless water heater and a building-wide water softener system. The property has copper plumbing, a redone electrical system including a new main panel, and insulated walls. The property has a three-tiered revenue model. In addition to lodging income, the property features a passive income stream through a billboard currently leased by Lennar. The property is 2304 square feet and is zoned LAR3. The current owner’s unit features a private gas stove and washer/dryer.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Olympic Motor Lodge
Hotel & Motel
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Location Insight
- Map
- Local Demand
- City
- Los Angeles
- County
- Los Angeles
- State
- California
- Longitude
- -118.35832
- Latitude
- 34.05728
Nearby Similar for Sale
FAQs
What type of property is this?
Motel - Boutique motel in Miracle Mile with development potential.
Where is this motel located?
The property is located at 5850 W Olympic Los Angeles, CA.
What is the asking price?
The asking price for this property is $3,950,000.
What are key features of this property?
This property features: Prime location in the Miracle Mile/Mid‑Wilshire corridor, near cultural landmarks and Little Ethiopia.; Significant recent (2024‑2025) high‑end infrastructure upgrades including new flooring, windows, HVAC, tankless water heater, and water softener.; Three‑tiered revenue model with steady lodging income and guaranteed passive income from a billboard lease.
