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Property profile & analytics
FOR LEASE
Office buildings

606 S Olive St Los Angeles, CA 90014

328,990 SF 0.46 ac lot Built 1967
Individually Owned 22-yr Hold ~ Est. High Equity
Property ID
US09-7193409
Property summary
AI-generated overview

This exceptional Class A office building, located at 606 South Olive Street in the heart of Los Angeles, offers a unique opportunity for businesses seeking flexible and prestigious office space. Built in 1967 and situated on a 0.46-acre lot, the property boasts a total of 13,454 square feet, currently entirely vacant and available for lease. The building is comprised of ten individual suites, with a minimum divisible space of 805 square feet and the possibility of leasing the entire 13,454 square feet contiguously. The property caters to diverse business needs, accommodating executive office, traditional office, and creative office setups. Its prime location in Los Angeles County, with a 90014 zip code, provides excellent access to transportation, amenities, and a vibrant business community. This is an ideal opportunity for a single tenant seeking a large, contiguous space or multiple tenants looking for smaller, flexible suites within a prestigious building. The property's versatile layout and central location make it an attractive option for a wide range of businesses. Contact us today to learn more about leasing options and explore the possibilities of establishing your business in this exceptional downtown Los Angeles location.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING (MULTI-STORY)
Year built 1967
Construction STEEL FRAME
Total area 328,990 SF
Lot 0.46 ac (19,933 SF)
Zoning code LAC5
APN 5144-003-037
UPID US09-7193409
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Mobile Tire Delivery Los Angeles Construction Company Rental Equipment Company
  • Hubert Jewelry / Hubert Gem Designs (Bike/Boat/Book/etc) Store
  • National Biomechanics Institute Law Firm
  • Loretta Nelms Reyes Law Firm
  • US Watch Buyers (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.43M
Owner & transaction history
Mousa Hanasab · 22 yrs held
Mousa Hanasab
since 2003
6 recorded transactions
2005
Price N/A
2003
Price N/A
1969
Price N/A
1969
Price N/A
1968
Price N/A
1966
Price N/A
Zoning & alternative use
LAC5 · Los Angeles, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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