801 Olive StLos Angeles, CA 90014
- Investment properties
- 387,421 SF
Property Details for 801 Olive St
- Year built
- 2016
- Construction
- CONCRETE
- Lot size
- 1.08 AC
- Property size (Sq ft)
- 387,421 SF
- Zone code
- LAR5
- Property type
- Investment properties
- Property subtype
- Live-work space
- APN
- 5144-019-026
- APU
- 5144019026
Description
This exceptional 1,110-square-foot retail space is ideally situated at 801 S. Olive Street in the heart of Los Angeles, California, zip code 90014. The property is currently vacant and available for lease, presenting a unique opportunity for a single-tenant occupant to establish a thriving business in a high-traffic location. The building's total square footage is 1,110 square feet, offering ample space for a variety of retail concepts. The property's address is easily accessible and benefits from excellent visibility, ensuring high foot traffic and potential customer exposure. Located in Los Angeles, this property offers unparalleled access to a diverse and densely populated customer base. The single-tenant occupancy allows for complete customization and control over the space, enabling businesses to tailor the layout and design to perfectly suit their specific needs. This is a remarkable opportunity to secure a prime retail location in a vibrant and dynamic area of Los Angeles. The property's convenient location and ample square footage make it an attractive proposition for businesses seeking a strong foothold in the Los Angeles market. Serious inquiries are encouraged to explore the possibilities of this exceptional retail space. The property is ready for immediate occupancy. Further details regarding lease terms and conditions are available upon request.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $114,272,616
- 6.5%
- $105,482,416
- 7%
- $97,947,952
-
Comparable approach
- Method
- Valuation
- Relative Method
- $73,671,976
- Geo Method
- $73,671,976
-
Alternative Use
- Use
- Valuation
- Residential
- $130,798,192
- Hospitality
- $119,810,440
- Educational
- $99,680,880
- Medical
- $103,109,056
- Retail
- $155,059,152
Location Insight
- City
- Los Angeles
- County
- Los Angeles
- State
- California
- Latitude
- 34.045
- Longitude
- -118.258
- CBSA code
- 31080
- CBSA name
- LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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