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Commercial Building Near Crypto.com Arena
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1060 S Olive St, Los Angeles, CA 90015

Two-story commercial building with basement near LA Live and Crypto.com Arena.

Property Size18,914 SF
Lot Size0.15 Acres
Days on Market202

Property Features for 1060 S Olive St

General Information

Standard status Active
Size 18,914 SF
Class B
Lot size 0.15 Acres
Property subtype Industrial

Building Details

Building Size 18,914 SF
Year Built 1911
Listing Agency: Lee & Associates
Listed By: Ron Young · License #CalDRE #01009947
Source: Lee-associates
Added: Jan 26 Changed: Aug 15 Last Checked: Aug 16 at 5:14AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Lee & Associates

Investment Insights

Based on property information with market context.

This two-story commercial building includes a full basement and is situated on approximately 6,328 square feet of land. The building is suitable for various creative uses and office space. An elevator provides access to all three floors. Located directly across the street from 1052-1054 South Olive Street, the property can be combined with the adjacent 7,354 square foot building on approximately 5,361 square feet of land. The property is within walking distance of LA Live, Crypto.com Arena, and numerous restaurants and hotels.

Key Highlights

  • Prime Location: Walking distance to LA Live, Crypto.com Arena, restaurants, and hotels.
  • Versatile Commercial Building: Suitable for many creative uses and office space.
  • Significant Land Area: +/-6,328 SF of land.

Property Analytics

Current Use

Office buildings

Suggested Use

Top Pick Pet Grooming Service Adult Day Care Buffet (Bike/Boat/Book/etc) Store Daycare Center Tanning Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

6,443
Businesses Nearby

Demographics for 90015, CA

27,324
Population
14,635
Households
1.9
Avg Household Size
34
Median Age
48%
College-Educated
79%
High-School Grad
1.7 sq mi
ZIP Area
16,073
Density / Sq Mi
$63,211
Median Household Income
$47,819
Median Earnings
$2,385
Median Rent
$1,000,800
Median Home Value

Market

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office building - Two-story commercial building with basement near LA Live and Crypto.com Arena.
Where is this office building located?
The property is located at 1060 S Olive St Los Angeles, CA.
What are key features of this property?
This property features: Prime Location: Walking distance to LA Live, Crypto.com Arena, restaurants, and hotels.; Versatile Commercial Building: Suitable for many creative uses and office space.; Significant Land Area: +/-6,328 SF of land.
More about this property
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