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Historic Retail Building
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2650 E Olympic Blvd, Los Angeles, CA 90023

Historic retail building with ground-floor department store use and former Sears catalog distribution headquarters.

Property SizeContact for details
Days on Market143

Property Features for 2650 E Olympic Blvd

General Information

Standard status Active
Property subtype Retail
Listing Agency: JLL - Irvine (Orange County), California
Listed By: Conor Quinn · License #CA 02073016
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Jul 23 at 9:43AM

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 JLL - Irvine (Orange County), California

Investment Insights

Based on property information with market context.

This historic retail building includes a ground-floor department store component and was formerly associated with Sears catalog distribution as the western region headquarters. The property is held in fee and was recently acquired by a local developer for mixed-use development.

The offering is for sale.

While specific layout details, condition, and current tenant configuration are not provided, the documented history centers on retail operations tied to the Sears catalog distribution function and department store activity at street level.

Key Highlights

  • Historic retail building formerly used as the western region headquarters for Sears catalogue distribution
  • Includes ground‑floor department store use
  • Fee interest was recently acquired by a local developer for mixed‑use

Property Analytics

Current Use

Bandanas Wholesale Big Box & Wholesale Store Sears Appliance Repair Hardware & Home Improvement Sears Handyman LA Hardware & Home Improvement Valley Concrete Coring Construction Company El Tropical Snack Bar & Pub

Suggested Use

Top Pick Real Estate Agency Law Firm Veterinary Clinic (Bike/Boat/Book/etc) Store Accounting Firm Nursing Home

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

1,676
Businesses Nearby

Demographics for 90023, CA

45,939
Population
12,319
Households
3.7
Avg Household Size
32
Median Age
10%
College-Educated
53%
High-School Grad
4.3 sq mi
ZIP Area
10,683
Density / Sq Mi
$56,623
Median Household Income
$30,967
Median Earnings
$1,414
Median Rent
$617,600
Median Home Value

Market

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 - Historic retail building with ground-floor department store use and former Sears catalog distribution headquarters.
Where is this retail space located?
The property is located at 2650 E Olympic Blvd Los Angeles, CA.
What are key features of this property?
This property features: Historic retail building formerly used as the western region headquarters for Sears catalogue distribution; Includes ground‑floor department store use; Fee interest was recently acquired by a local developer for mixed‑use
More about this property
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