Mixed-Use Residential Development
845 S Olive Street & 842 S Grand Avenue Los Angeles, CA 90014
For Sale
Contact for pricing
Pending
Fee simple sale of a fully entitled site for two market-rate residential towers with podium parking and rooftop garden.
Days on Market104
Property Features for 845 S Olive Street & 842 S Grand Avenue
General Information
- Standard status
- Pending
- Property subtype
- Mixed Use
Listing Agency:
Cushman & Wakefield - Los Angeles (Downtown, Greater), California
Listed By:
Brittany Winn · License #CA 01978909
Source:
Crexi
Added: Apr 11
Changed: Jul 23
Last Checked: Jul 23 at 9:16AM
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 Cushman & Wakefield - Los Angeles (Downtown, Greater), California
Investment Insights
Based on property information with market context.
Cushman & Wakefield of California, Inc., as Exclusive Advisor, is pleased to offer the fee simple sale of The Grand Olive, a fully entitled mixed-use development site at 845 S. Olive Street and 842 S. Grand Avenue in Downtown Los Angeles.
Approved building plans call for ground-up development of two market-rate residential towers, consisting of a 22-story tower and a 4-story tower, above 8 levels of podium parking. The design includes a rooftop garden on the 9th level that connects the two towers, along with numerous outdoor amenity areas and private balconies. A calming water feature is also incorporated into the plan.
The tentative tract map provides flexibility for the developer’s selection between rental or condominium preference.
Approved building plans call for ground-up development of two market-rate residential towers, consisting of a 22-story tower and a 4-story tower, above 8 levels of podium parking. The design includes a rooftop garden on the 9th level that connects the two towers, along with numerous outdoor amenity areas and private balconies. A calming water feature is also incorporated into the plan.
The tentative tract map provides flexibility for the developer’s selection between rental or condominium preference.
Key Highlights
- Fee simple sale of a fully entitled mixed‑use development site at 845 S. Olive St. and 842 S. Grand Ave.
- Approved plans for two market‑rate residential towers: a 22‑story tower and a 4‑story tower.
- Podium parking with both towers planned above 8 levels of podium parking.
Property Analytics
Location Intelligence
Current Use by Public Records
Apartment buildings
FAQs
What type of property is this?
Apartment building - Fee simple sale of a fully entitled site for two market-rate residential towers with podium parking and rooftop garden.
Where is this apartment building located?
The property is located at 845 S Olive Street & 842 S Grand Avenue Los Angeles, CA.
What are key features of this property?
This property features: Fee simple sale of a fully entitled mixed‑use development site at 845 S. Olive St. and 842 S. Grand Ave.; Approved plans for two market‑rate residential towers: a 22‑story tower and a 4‑story tower.; Podium parking with both towers planned above 8 levels of podium parking.
