Multi-Use Industrial
2429 E Olympic Blvd Los Angeles, CA 90021
For Sale
Contact for pricing
Industrial building with dock-high loading, fenced yard, and 18-car parking with potential for two clear-span units.
Property Size19,185 SF
Price / SF$260.36
Days on Market22
Property Features for 2429 E Olympic Blvd
General Information
Standard status
Active
Size
19,185 SF
Property subtype
INDUSTRIAL
Listing Agency:
Dorin Realty Company
(213) 627-0007
Listed By:
Mark Whitman · License #00918875
(213) 627-0007
Source:
Moodyscre
Added: Jul 8
Changed: Jul 27
Last Checked: Jul 28 at 1:58PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Dorin Realty Company
Investment Insights
Based on property information with market context.
This multi-purpose industrial building offers dock-high loading with three positions, an 18-car fenced parking yard, and 18’ clear height. The space is divisible into two clear-span units (7,360 SF and 11,825 SF) with separations already in place, providing flexibility for different end users or tenants.
Additional access is available via rear loading doors. The property is described as having excellent sign exposure and is located just outside the Arts District, with one door from the intersection of Olympic Blvd and Santa Fe Ave and one block from ramps to the 10, 5, and 60 freeways.
The building’s configuration supports clear internal use within each unit, complemented by multiple loading points and yard/parking capacity for operations that require staging and truck access.
Additional access is available via rear loading doors. The property is described as having excellent sign exposure and is located just outside the Arts District, with one door from the intersection of Olympic Blvd and Santa Fe Ave and one block from ramps to the 10, 5, and 60 freeways.
The building’s configuration supports clear internal use within each unit, complemented by multiple loading points and yard/parking capacity for operations that require staging and truck access.
Key Highlights
- Dock‑high loading with 3 positions and 18' clear height
- Divisible into 2 clear‑span units: 7,360 SF and 11,825 SF, with separations in place
- Fenced yard plus 18‑car parking
Financial Insights For Warehouse
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $363.7k | $18.96 |
| − Vacancy | −$23.3k | −$1.21 |
| EGI | $340.5k | $17.75 |
| − OpEx | −$51.1k | −$2.66 |
| NOI | $289.4k | $15.08 |
19,185 SF · lease $18.96/SF/yr · vacancy 6.40% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$4.13M
$3.62M – $4.82M
NOI $289,398 @ 7.0% cap · market cap 5.79%
Second Best
Industrial
$3.40M
$2.98M – $3.97M
NOI $238,327 @ 7.0% cap · market cap 4.77%
Theoretical Best
Multifamily LT 5
$388.68M
$340.09M – $453.46M
NOI $27,207,361 @ 7.0% cap · market cap 544.69%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Similar Off Market Nearby
- Amtrak Catering Services International — 2450 Enterprise St, Los Angeles, CA 90021
- LA CHATA TACOS - Quality Taco Bar Event Catering and Reliable Taco Restaurant — 1920 E Olympic Blvd, Los Angeles, CA 90021
- LA CHATA TACOS - Quality Restaurant Los Angeles CA, Event Catering, Reliable Restaurant, Taco Bar Catering — 1920 e olympic blvd, los angeles, ca 90021
- The Lobos Truck — Parking Lot, 1542 Fishburn Ave, Los Angeles, CA 90063
- LA CHATA TACOS — 1920 e olympic blvd, los angeles, ca 90021
Frequently Asked Questions
What type of property is this?
Flex space - Industrial building with dock-high loading, fenced yard, and 18-car parking with potential for two clear-span units.
Where is this flex space located?
The property is located at 2429 E Olympic Blvd Los Angeles, CA.
What is the asking price?
The asking price for this property is $4,995,000.
What are key features of this property?
This property features: Dock‑high loading with 3 positions and 18' clear height; Divisible into 2 clear‑span units: 7,360 SF and 11,825 SF, with separations in place; Fenced yard plus 18‑car parking
