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    515 S Olive St Los Angeles, CA 90013

    For Sale
    $165,000

    Business Opportunity - Los Angeles, CA

    Days on Market:
    115
    Last Refresh:
    Dec 7 at 5:06 am

    Property Features for 515 S Olive St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    APN
    5149030003

    Building Details

    Architectural style
    Other

    JohnHart Real Estate (818) 246-1099 [email protected]

    Listing agent Syuzanna Hakobyan (818) 246-1099 License #02126702

    Listing date Aug 15, 2025

    MLS# SR25184618 Listing URL

    Copyright © 2025 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Flourishing Flower Shop Opportunity

    Located in downtown Los Angeles, this is an opportunity to own a flower shop. The business has a reputation for delivering fresh blooms and personalized arrangements. Known for its floral designs, the shop is a destination for weddings, events, and celebrations. The business has an online presence, allowing customers to browse and order. It has a customer base and supplier relationships. This is a turnkey operation.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Sullivan's Barbershop & Social Barber Shop Los Angeles Yard ... Print Shop Bloomies Flowers & Gifts Florist Clipping Path Store Website Designer

    Suggested Use

    Realty agency Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Food Market Daycare Center Grocery Store Skin Care Clinic

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    The Red Rose Garden, Mireya's Flowers, Victoria's Petals & Blooms, 5G LA, Pink Clover

    Location Insight

    • Map
    • Local Demand
    City
    Los Angeles
    County
    Los Angeles
    State
    California
    Longitude
    -118.2534164
    Latitude
    34.0491045

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    FAQs

    What type of property is this?
    Storefront property - Established flower shop in downtown Los Angeles with high foot traffic.
    Where is this storefront property located?
    The property is located at 515 S Olive St Los Angeles, CA.
    What is the asking price?
    The asking price for this property is $165,000.
    What are key features of this property?
    This property features: - Prime downtown Los Angeles location with high foot traffic.; - Well-established business with a stellar reputation.; - Celebrated for unique floral designs for weddings and events.
    (818) 246-1099
    Request Owner's contact information
    515 S Olive St Los Angeles, CA 90013
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    Los Angeles, CA 90013
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    515 S Olive St Los Angeles, CA 90013
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