712 Olive St Los Angeles, CA 90014

Property Details for 712 Olive St

Year built

1925

Construction

TILT-UP CONCRETE

Lot size

0.42 lot acres

Property size

115,981 SF

Zone code

LAC5

Property type

Investment properties

Property subtype

Retail residential properties

APN

5144-013-036

APU

5144013036

Description

This exceptional 14,055-square-foot commercial space is ideally situated at 712 S Olive St, Los Angeles, CA 90014, boasting unparalleled visibility at the bustling intersection of 7th and Olive Streets. The property's single-tenant occupancy offers flexibility for a wide array of uses, including retail, restaurant, fitness center, spa, salon, office, or creative studio. Its versatile nature allows for customization to suit a variety of business needs. The building's prime location within Downtown Los Angeles' Restaurant Row ensures high foot traffic and excellent brand exposure. This area is experiencing significant redevelopment, promising substantial future growth and increased property value. The property benefits from exceptional accessibility, with convenient access to the I-10, I-101, and I-5 freeways, making it easily accessible for both employees and customers. This is a rare opportunity to secure a prominent space in a rapidly evolving and highly desirable area of Los Angeles. The entire 14,055 square feet is currently vacant, providing a blank canvas for a new business to establish its presence in this vibrant downtown location. The property is classified as Retail, Office, and Special Purpose, offering a diverse range of potential uses.

Location Insight

City

Los Angeles

County

Los Angeles

State

California

Longitude

-118.255

Latitude

34.0462

CBSA code

31080

CBSA name

LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments