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    2300 Olympic Blvd Los Angeles, CA 90006

    Sponsored
    For Lease
    $18 SF/Yr

    LA Office Space: Prime Location, Flexible Sizes

    Lot size:
    21,653 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    The Olympic-Hoover Center, a two-story, 21,653 square foot Class C building at 2300 W Olympic Blvd in Los Angeles, CA 90006, offers exceptional office space opportunities. Built in 1962 and renovated in 2009, this property boasts a highly visible location on Olympic Boulevard, just one block east of Hoover Street and conveniently situated one mile from Downtown Los Angeles. The building features multiple tenancies with spaces ranging from a minimum of 204 square feet to a maximum contiguous space of 1,710 square feet

    Property Features for 2300 Olympic Blvd

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    21,653 SF
    Class
    C
    Total Rate
    32479.5

    Building Details

    Year Built/Renovated
    1962/2009
    Buildings
    1
    Stories
    2

    Unit(s) available at that property

    Space
    Suite 102
    Size
    1,710 SF
    Space
    Suite 201
    Size
    412 SF
    Rate per SF
    $19
    Space
    223
    Size
    204 SF
    Rate per SF
    $22
    Space
    Suite 222
    Size
    778 SF
    Rate per SF
    $19
    Space
    Suite 211
    Size
    1,209 SF
    Rate per SF
    $18
    Space
    215
    Size
    383 SF
    Rate per SF
    $21

    HighLights

    • Two‑story building with ground floor retail and second‑floor individual office suites.
    • New roof installed in 2023.
    • Building‑wide HVAC system replacement completed in 2023.
    • On‑site parking accommodating approximately 75 vehicles.
    Property Profile Location Intelligence

    Current Use by Public Records

    Technical School Inc Nursing School Los Angeles Mortuary(엘에이장의사) Funeral Home eCRI. Total Construction Construction And Maintenance Office Rivas & Associates Financial Planner HYPP, INC. Atm

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Hair Salon Dental Office Nail Salon Clothing Store Food Market Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Los Angeles
    County
    Los Angeles
    State
    California
    Longitude
    -118.28256246
    Latitude
    34.05225314

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    FAQs

    What type of property is this?
    Restaurant - LA Office Space: Prime Location, Flexible Sizes
    Where is this restaurant located?
    The property is located at 2300 Olympic Blvd Los Angeles, CA.
    What is the lease rate?
    The lease rate is $0.00-$22 SF/Yr.
    What are key features of this property?
    This property features: Two-story building with ground floor retail and second-floor individual office suites.; New roof installed in 2023.; Building-wide HVAC system replacement completed in 2023.
    Request Owner's contact information
    2300 Olympic Blvd Los Angeles, CA 90006
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    Los Angeles, CA 90006
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2300 Olympic Blvd Los Angeles, CA 90006
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