Building Details

Year Built 1950

Listing Agency: b***@kidder.com Show Phone

Listed By: Bill Show Phone

Added: Jan 13, 2025 Changed: Mar 16

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Investment Insights

Based on property information with market context.

This 3,200-square-foot free-standing industrial property is located on Olympic Boulevard in Los Angeles. The location provides access to the 5, 10, 101, and 60 freeways. The building features 200 amp, 3-phase power, making it suitable for a variety of industrial and business uses. A bus line provides public transportation access for employees and clients. The property is suitable for a range of commercial operations. The annual rate is $17.4 per square foot, with further lease terms available upon request.

Property Analytics

Current Use

Rebirth Of Art LLC (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Law Firm Real Estate Agency Parking Lot & Garage (Bike/Boat/Book/etc) Store Skin Care Clinic Cafe & Coffee Shop

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

$2.61 /SF/Yr

CAM

Location Intelligence

Trade Area within ½ mile

1,383

Businesses Nearby

Explore this area Business Placement

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

Lease Benchmarks for Los Angeles, CA

$15.36 /SF/Yr

Avg Asking Price

$12.5–$17.4 /SF/Yr

Price Range

17,868 SF

Avg Space Size

This space is priced 13% above the average of $15.36 /SF/Yr.

Vacancy Rate% for Industrial in Los Angeles, CA

1.8% 2019

2.4% 2020

0.9% 2021

1.2% 2022

3% 2023

4.6% 2024

4.6% 2025

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Frequently Asked Questions

What type of property is this?

Industrial property - 3,200 SF of Industrial Space Available in Los Angeles, CA 90023

Where is this industrial property located?

The property is located at 3633 E Olympic Blvd Los Angeles CA 90023 Los Angeles, CA.

What is the lease rate?

The lease rate is $17.40 SF/Yr.