Listing Agency: CBRE - El Segundo w***@cbre.com Show Phone

Listed By: Bill Durslag · License #1912035 Show Phone

Source: Cbre

Added: Mar 25 Changed: Aug 14 Last Checked: Aug 22 at 11:34AM

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Investment Insights

Based on property information with market context.

This retail space is located within a 22-story, Class A high-rise apartment building. The building contains 152 apartment units. Situated at a high-profile signalized corner, the location offers a prominent branding opportunity along the Figueroa Corridor. The space is suitable for various businesses, including cafes, bakeries, dessert shops, coffee shops, juice bars, small eateries, quick-service restaurants, and fitness centers. The property size is 6,841 square feet.

Key Highlights

• 5‑star hi‑rise apartments (class a)
• 22 stories with 152 apartment units
• Located at a high profile signalized corner

Property Analytics

Property Profile

Current Use

KD Talent Management Employment Agency Stanton Associates LLC Business Management Consultant Damien Halliburton Business Management Consultant Wells Fargo Advisors Financial Advisor Home Apartment Building

Suggested Use

Top Pick Pet Grooming Service Adult Day Care Buffet Tanning Salon Veterinary Clinic Butcher

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

Lease Details

NNN (Triple Net)

Lease Type

Location Intelligence

Trade Area within ½ mile

18,321

Businesses Nearby

Explore this area Business Placement

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

Lease Benchmarks for Los Angeles, CA

$34.76 /SF/Yr

Avg Asking Price

$5.45–$95.4 /SF/Yr

Price Range

7,673 SF

Avg Space Size

Vacancy Rate% for Retail in Los Angeles, CA

5.7% 2019

6.1% 2020

6% 2021

5.7% 2022

5.6% 2023

6% 2024

6.2% 2025

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Frequently Asked Questions

What type of property is this?

Retail space - Retail space ideal for cafe, fitness, or quick service restaurant.

Where is this retail space located?

The property is located at 717 West Olympic Boulevard Los Angeles, CA.

What are key features of this property?

This property features: 5‑star hi‑rise apartments (class a); 22 stories with 152 apartment units; Located at a high profile signalized corner