510 Olympic Blvd Los Angeles, CA 90015
Property profile & analytics
510 Olympic Blvd Los Angeles, CA 90015
- Retail space
- 18,515 SF
- 0.44 lot acres
Property ID
US10-0482034
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
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
based on Realmo’s proprietary methodology
-
CAP approach
- CAP Return
- Estimation
- 6%
- $7,160,000
- 6.5%
- $6,610,000
- 7%
- $6,140,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $4,317,000
Market price range: $905k - $4.46M -
Alternative Use
- Use
- Estimation
- RETAIL STORES
- $7,820,000 Current use
- OFFICE BUILDING
- $9,290,000 Change: +19% Conversion: Easy
- MEDICAL BUILDING
- $8,435,000 Change: +8% Conversion: Difficult
- NEIGHBORHOOD: SHOPPING CENTER
- $7,840,000 Change: +0% Conversion: Moderate
Get a detailed, property-specific estimation — fast and free
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
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$129,243
$7,395,121
$2,566,611
$9,961,732
-
$0.00
$0.00
$0.00
