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    2300A Olympic Blvd Los Angeles, CA 90006

    Sponsored
    For Lease
    $42 SF/Yr

    Prime LA location, 1800 sq ft.

    Lot size:
    1,800 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional 1,800 square foot restaurant space is ideally situated at 2300A West Olympic Boulevard in Los Angeles, California, 90006. Boasting a prime location between Koreatown and Downtown Los Angeles, this property offers unparalleled visibility on Olympic Boulevard, just one block east of Hoover Street. The area is characterized by a very dense population exceeding 120,000 within a one-mile radius, with over 75% of the population identifying as Hispanic. High traffic counts are documented in a report available upon request. This space is perfect for an experienced restaurant operator with strong financials. The property features a large parking lot at the rear of the building, providing ample parking for patrons. A tenant improvement package is negotiable, offering flexibility for customization. The property is classified as a restaurant space, suitable for multiple tenancies, and is located in Los Angeles County. Detailed demographic and traffic count reports are available for review. This is a unique opportunity to establish a thriving restaurant business in a high-traffic, densely populated area with excellent visibility.

    Property Features for 2300A Olympic Blvd

    General Information

    Property type
    Individual retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    1,800 SF

    Unit(s) available at that property

    Space
    Suite 102
    Size
    1,800 SF
    Rate per SF
    $42

    HighLights

    • 1,800 SF restaurant space at 2300A West Olympic Blvd, Los Angeles, CA 90006.
    • Prime location between Koreatown and Downtown LA, offering high visibility on Olympic Blvd.
    • Dense population (120,000+ within 1 mile radius), high traffic counts (reports available).
    • Ample rear parking.
    • Tenant improvement allowance negotiable.
    • Suitable for multiple tenancies.
    Property Profile Location Intelligence

    Current Use by Public Records

    Banks

    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
    -118.28276433632
    Latitude
    34.052270040211

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    FAQs

    What type of property is this?
    Individual retail property - Prime LA location, 1800 sq ft.
    Where is this individual retail property located?
    The property is located at 2300A Olympic Blvd Los Angeles, CA.
    What is the lease rate?
    The lease rate is $42 SF/Yr.
    What are key features of this property?
    This property features: 1,800 SF restaurant space at 2300A West Olympic Blvd, Los Angeles, CA 90006.; Prime location between Koreatown and Downtown LA, offering high visibility on Olympic Blvd.; Dense population (120,000+ within 1 mile radius), high traffic counts (reports available).
    Request Owner's contact information
    2300A 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
    2300A Olympic Blvd Los Angeles, CA 90006
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