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Adaptive Reuse Hospitality Redevelopment
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124 E Olympic Blvd, Los Angeles, CA 90015

Fully entitled redevelopment featuring hotel and ground-floor restaurant and retail space, plus a rooftop pool and outdoor bars.

Property SizeContact for details
Days on Market124

Property Features for 124 E Olympic Blvd

General Information

Standard status Active
Property subtype Hospitality, Mixed Use

Amenities

rooftop pool
outdoor bars
Listing Agency: Allure Capital Management
Listed By: Connor Martin · License #CA 02152889
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Jul 23 at 7:46AM

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 Allure Capital Management

Investment Insights

Based on property information with market context.

Cushman & Wakefield of California, Inc. presents Mart South, a fully entitled adaptive reuse hospitality redevelopment opportunity. The property includes commercial and hotel spaces, with ground-floor restaurants and retail. Upstairs, the offering calls for a rooftop pool, outdoor bars, and penthouse suites.

Located at 124 E Olympic Blvd in Downtown Los Angeles, Mart South is positioned within the emerging SoBro market. The property is described as being in the heart of Downtown LA’s resurgence, with demand supported by the area’s ongoing growth in people and economic activity.

This is a hospitality-focused redevelopment package designed to combine street-level dining and retail with elevated guest amenities through rooftop programming and penthouse-level accommodations.

Key Highlights

  • Fully entitled adaptive reuse hospitality redevelopment opportunity
  • Includes hotel spaces plus ground‑floor restaurant and retail space
  • Rooftop pool with outdoor bars

Property Analytics

Current Use

Solara Enterprise Inc Production Facility Mart south Business Service Center Frenchy's Clothing & Fashion Store Family Treatment Programs Social Service Agency Loving U Jewelry ... (Bike/Boat/Book/etc) Store

Suggested Use

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

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

17,316
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 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?
Hotel - Fully entitled redevelopment featuring hotel and ground-floor restaurant and retail space, plus a rooftop pool and outdoor bars.
Where is this hotel located?
The property is located at 124 E Olympic Blvd Los Angeles, CA.
What are key features of this property?
This property features: Fully entitled adaptive reuse hospitality redevelopment opportunity; Includes hotel spaces plus ground‑floor restaurant and retail space; Rooftop pool with outdoor bars
More about this property
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