Los Angeles CA Real Estate & Commercial for Sale

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, 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 system - including a new main panel - 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 owner's unit - which features a private gas stove and washer/dryer - 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.

Prime Commercial Property for Sale 115-117 N Fairfax Ave, Los Angeles, CA 90036. Excellent opportunity to own a highly visible commercial property located on one of Los Angeles' busiest and most well-traveled corridors. 115-117 N Fairfax Ave offers exceptional exposure with heavy vehicle and pedestrian traffic daily. Situated directly across from CBS Studios and less than one mile from The Grove and The Original Farmers Market, this property is surrounded by thriving businesses, restaurants, and entertainment destinations in one of LA's most sought-after commercial districts. The property was previously occupied by a long-standing Tenant and is now vacant, offering a blank canvas for investors or business owners to establish their vision. Ideal for a variety of uses such as retail, restaurant, showroom, office, service, or creative space. There is plenty of street parking available, and private onsite parking in the rear of the property. Centrally located near major Los Angeles destinations including Hollywood, Beverly Hills (Rodeo Drive), Santa Monica, and Downtown LA. The site offers convenient access to multiple freeways, LAX, and nearby beaches making it perfectly positioned for both local and regional connectivity. Located in a booming and highly desirable area of Southern California, this property provides an excellent opportunity to invest or operate in a prime Los Angeles location that continues to grow in value and demand.