801 Olive StLos Angeles, CA 90014

  • Mixed-use properties
  • 387,421 SF
For Lease
$42/SF/YR View listing

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
Mixed-use properties
Property subtype
Other investment properties
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
801 Olive St, Los Angeles, California

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

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$3,460,892
$28,756,108
$252,593,571
$281,349,679
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