510 Olympic BlvdLos Angeles, CA 90015

Property Details for 510 Olympic Blvd

Year built

1993

Construction

TILT-UP CONCRETE

Lot size

0.44 AC

Property size (Sq ft)

18,515 SF

Zone code

LAM2

Property type

Retail properties

Property subtype

Retail space

APN

5145-019-026

APU

5145019026

Description

This exceptional 19,500-square-foot retail storefront, located at 510 E Olympic Blvd in Los Angeles, CA 90015, presents a compelling owner-user opportunity. Situated on a prominent corner lot (18,981 sq ft) at the Northwest corner of Olympic Blvd and Wall St, this single-story, 1993-built building boasts 144 feet of street frontage along Wall St, ensuring high visibility. The property, known as 1000 Wall, comprises ten units, currently at 28% occupancy, offering significant potential for expansion or consolidation. Units facing Wall Street feature desirable amenities including building signage, private office space, high ceilings, and large windows with front metal roll-up gates. Ample on-site parking accommodates approximately 60 vehicles, including rooftop parking. The M2 zoning allows for a variety of uses. The asking price is $5,950,000, translating to $305.13 per square foot. This prime location in the central Fashion District, combined with its substantial size and parking, makes this a rare and attractive investment. Multiple contiguous vacant units are ideal for an owner-user seeking to establish a significant presence in this vibrant area.

Location Insight

City

Los Angeles

County

Los Angeles

State

California

Latitude

34.0372

Longitude

-118.253

CBSA code

31080

CBSA name

LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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