510 Olympic Blvd Los Angeles, CA 90015
- Retail space
- 18,515 SF
- 0.44 lot acres
Current Use by Public Records
- Retail space
Property Details for 510 Olympic Blvd
- Year built
- 1993
- Construction
- TILT-UP CONCRETE
- Lot size
- 0.44 lot acres
- Property size
- 18,515 SF
- Zone code
- LAM2
- Property type
- Retail space
- APN
- 5145-019-026
- APU
- 5145019026
Description
This exceptional 19,500-square-foot retail storefront, located at 510 E Olympic Blvd in Los Angeles, CA 90015, presents a compelling owner-user opportunity. Situated on a prominent corner lot (18,981 sq ft) at the Northwest corner of Olympic Blvd and Wall St, this single-story, 1993-built building boasts 144 feet of street frontage along Wall St, ensuring high visibility. The property, known as 1000 Wall, comprises ten units, currently at 28% occupancy, offering significant potential for expansion or consolidation. Units facing Wall Street feature desirable amenities including building signage, private office space, high ceilings, and large windows with front metal roll-up gates. Ample on-site parking accommodates approximately 60 vehicles, including rooftop parking. The M2 zoning allows for a variety of uses. The asking price is $5,950,000, translating to $305.13 per square foot. This prime location in the central Fashion District, combined with its substantial size and parking, makes this a rare and attractive investment. Multiple contiguous vacant units are ideal for an owner-user seeking to establish a significant presence in this vibrant area.
Value Estimations
-
AI approach
- Method
- Estimation
- ML approach
- $170,000
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Location Insight
- Map
- Local Demand
- City
- Los Angeles
- County
- Los Angeles
- State
- California
- Longitude
- -118.253
- Latitude
- 34.0372
- CBSA code
- 31080
- CBSA name
- LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA
