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Art Deco Creative Space
For Lease
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714 West Olympic Boulevard, Los Angeles, CA 90015

Historic office property with adaptable suites ranging from private offices to full-floor configurations.

Space Size233 SF - 20,531 SF
Property Size281,004 SF
Days on Market115

Property Features for 714 West Olympic Boulevard

General Information

Standard status Active
Size 233 SF - 20,531 SF
Property subtype Office
Lease Type Full Service

Space & Availability

Space Use Creative Office
Condition Move-in Ready

Additional Details

Public Transit Yes

Building Details

Building Size 281,004 SF
Year Built 1925
Stories 12
Tenancy Multiple

Spaces For Lease

at 714 West Olympic Boulevard Contact us

Suite 1001-1003

Size
1,137 SF
Type
Office
Rate
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Lease Type
Full Service
Availability
Active
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Suite 1004

Size
299 SF
Type
Office
Rate
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Lease Type
Full Service
Availability
Active
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Suite 1011

Size
838 SF
Type
Office
Rate
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Lease Type
Full Service
Availability
Active
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Suite 1012

Size
2,429 SF
Type
Office
Rate
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Lease Type
Full Service
Availability
Active
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Suite 1015

Size
1,499 SF
Type
Office
Rate
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Lease Type
Full Service
Availability
Active
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Suite 1016

Size
1,014 SF
Type
Office
Rate
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Lease Type
Full Service
Availability
Active
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Suite 1112

Size
389 SF
Type
Office
Rate
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Lease Type
Full Service
Availability
Active
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Suite 1115-1118

Size
1,534 SF
Type
Office
Rate
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Lease Type
Full Service
Availability
Active
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Suite 1119

Size
1,591 SF
Type
Office
Rate
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Lease Type
Full Service
Availability
Active
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Suite 1122

Size
235 SF
Type
Office
Rate
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Lease Type
Full Service
Availability
Active
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Suite 1123-1126

Size
960 SF
Type
Office
Rate
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Lease Type
Full Service
Availability
Active
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Suite 200

Size
3,682 SF
Type
Office
Rate
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Lease Type
Full Service
Availability
Active
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Suite 201

Size
992 SF
Type
Office
Rate
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Lease Type
Full Service
Availability
Active
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Suite 202

Size
1,510 SF
Type
Office
Rate
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Lease Type
Full Service
Availability
Active
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Suite 203

Size
2,511 SF
Type
Office
Rate
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Lease Type
Full Service
Availability
Active
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Suite 400

Size
7,147 SF
Type
Office
Rate
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Lease Type
Full Service
Availability
Active
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Suite 401

Size
12,068 SF
Type
Office
Rate
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Lease Type
Full Service
Availability
Active
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Suite 500

Size
20,531 SF
Type
Office
Rate
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Lease Type
Full Service
Availability
Active
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Suite 609

Size
878 SF
Type
Office
Rate
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Lease Type
Full Service
Availability
Active
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Suite 611

Size
413 SF
Type
Office
Rate
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Lease Type
Full Service
Availability
Active
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Suite 614-616

Size
1,593 SF
Type
Office
Rate
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Lease Type
Full Service
Availability
Active
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Suite 622-624

Size
742 SF
Type
Office
Rate
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Lease Type
Full Service
Availability
Active
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Suite 625

Size
240 SF
Type
Office
Rate
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Lease Type
Full Service
Availability
Active
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Suite 640

Size
3,746 SF
Type
Office
Rate
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Lease Type
Full Service
Availability
Active
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Suite 640A

Size
337 SF
Type
Office
Rate
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Lease Type
Full Service
Availability
Active
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Suite 700

Size
999 SF
Type
Office
Rate
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Lease Type
Full Service
Availability
Active
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Suite 705-706

Size
619 SF
Type
Office
Rate
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Lease Type
Full Service
Availability
Active
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Suite 708

Size
287 SF
Type
Office
Rate
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Lease Type
Full Service
Availability
Active
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Suite 709-711

Size
1,588 SF
Type
Office
Rate
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Lease Type
Full Service
Availability
Active
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Suite 712

Size
393 SF
Type
Office
Rate
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Lease Type
Full Service
Availability
Active
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Suite 720

Size
943 SF
Type
Office
Rate
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Lease Type
Full Service
Availability
Active
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Suite 726

Size
247 SF
Type
Office
Rate
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Lease Type
Full Service
Availability
Active
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Suite 727

Size
233 SF
Type
Office
Rate
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Lease Type
Full Service
Availability
Active
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Suite 732-736

Size
1,310 SF
Type
Office
Rate
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Lease Type
Full Service
Availability
Active
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Suite 738

Size
758 SF
Type
Office
Rate
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Lease Type
Full Service
Availability
Active
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Suite 745

Size
1,583 SF
Type
Office
Rate
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Lease Type
Full Service
Availability
Active
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Suite 754

Size
293 SF
Type
Office
Rate
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Lease Type
Full Service
Availability
Active
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Suite 802

Size
1,577 SF
Type
Office
Rate
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Lease Type
Full Service
Availability
Active
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Suite 806

Size
2,250 SF
Type
Office
Rate
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Lease Type
Full Service
Availability
Active
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Suite 809

Size
1,317 SF
Type
Office
Rate
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Lease Type
Full Service
Availability
Active
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Suite 904

Size
290 SF
Type
Office
Rate
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Lease Type
Full Service
Availability
Active
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Suite 910-911

Size
879 SF
Type
Office
Rate
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Lease Type
Full Service
Availability
Active
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Suite 912

Size
338 SF
Type
Office
Rate
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Lease Type
Full Service
Availability
Active
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Suite 916

Size
385 SF
Type
Office
Rate
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Lease Type
Full Service
Availability
Active
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Suite 917-918

Size
785 SF
Type
Office
Rate
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Lease Type
Full Service
Availability
Active
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Suite 930-931

Size
552 SF
Type
Office
Rate
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Lease Type
Full Service
Availability
Active
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Suite 932-933

Size
580 SF
Type
Office
Rate
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Lease Type
Full Service
Availability
Active
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Suite 934-935

Size
702 SF
Type
Office
Rate
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Lease Type
Full Service
Availability
Active
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Suite 936-938

Size
1,132 SF
Type
Office
Rate
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Lease Type
Full Service
Availability
Active
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Suite 939-940

Size
3,367 SF
Type
Office
Rate
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Lease Type
Full Service
Availability
Active
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Suite 1000

Size
7,241 SF
Type
Office
Lease Type
Full Service
Availability
Active
Contact us
Listing Agency: Kidder Mathews Los Angeles
Listed By: John Anthony · License #CA 01226464
Source: Crexi
Added: May 8 Changed: Aug 29 Last Checked: Aug 29 at 7:26PM

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 Kidder Mathews Los Angeles

Investment Insights

Based on property information with market context.

The Petroleum Building is a 12-story office property completed in 1925, with Art Deco architecture and updated workplace functionality. Its creative office inventory includes move-in-ready suites in multiple configurations, from individual private offices to full-floor opportunities.

Located at 714 West Olympic Boulevard in Los Angeles, the property offers a centrally positioned, transit-oriented setting. The range of available suite sizes supports users seeking either a focused office environment or a larger, consolidated workplace within a character-rich building.

Key Highlights

  • 12‑story Petroleum Building completed in 1925
  • Art Deco architectural character
  • Move‑in‑ready creative office suites

Property Analytics

Current Use

Helou Construction General Contractor Los Angeles Electrical ... Electrical Service MineMR Advertising Agency DCA Civil Engineering ... Engineer Melqart, Inc. Structural ... Structural Engineer

Suggested Use

Top Pick Pet Grooming Service Adult Day Care Buffet (Bike/Boat/Book/etc) Store Butcher 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.

Lease Details

NNN (Triple Net)
Lease Type
$3.60 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

17,827
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

Lease Benchmarks for Los Angeles, CA

$30.71 /SF/Yr
Avg Asking Price
$5.75–$79.96 /SF/Yr
Price Range
31,390 SF
Avg Space Size

This space is priced 22% below the average of $30.71 /SF/Yr.

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
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Creative space - Historic office property with adaptable suites ranging from private offices to full-floor configurations.
Where is this creative space located?
The property is located at 714 West Olympic Boulevard Los Angeles, CA.
What is the lease rate?
The lease rate is $24 SF/Yr.
What are key features of this property?
This property features: 12‑story Petroleum Building completed in 1925; Art Deco architectural character; Move‑in‑ready creative office suites
(213) 225-7218 Call to check price and availability
More about this property
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