Technical
Financial
Distress signals
Property profile

901 Olympic Blvd Los Angeles, CA 90015

OFF-MARKET
Hotels
Property ID
US09-9334643
323,927 SF 0.85 ac lot Built 2014
Entity Owned 15-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

This property consists of 5,797 square feet of ground-floor indoor space plus an exclusive 1,182 square foot outdoor seating area. It is configured for retail, restaurant, or office use and features a signalized corner location with approximately 100+ feet of frontage on Olympic Boulevard, providing visibility across the surrounding roadway network. The space is positioned in conjunction with a hotel complex (Residence Inn and Courtyard by Marriott) and is located directly across from LA Live, the JW Marriott Hotel, and the Ritz-Carlton Hotel. A valet parking arrangement supports customer access. The premises holds a CUP for on-site alcohol sales from 10:00 AM to 2:00 AM, seven days per week, with seating capacity documented as 331. Interior clearances include 20 feet 6 inches slab-to-slab ceiling height, 16 feet 6 inches clear height, and a 12-foot ceiling height in the kitchen. Electrical service is rated at 600 amps with 480-277 volts, and HVAC is provided via chilled-water fan coil equipment with stated total loads of 30.7 tons for the kitchen and 36.4 tons for the restaurant/retail/office area. The hotel complex shared amenities include meeting spaces, a fitness center, a business center, and a pool, and the overall hotel room count is documented as 393. The location is within walking distance of Crypto.com Arena, the Peacock Theater, the Grammy Museum, and the Los Angeles Convention Center, and is also positioned for visibility from the Harbor (110) Freeway.

Property profile

Verified
Property type Hotels
Use group HOTEL
Year built 2014
Construction CONCRETE
Total area 323,927 SF
Lot 0.85 ac (36,949 SF)
Zoning code LALASED
APN 5138-005-046
UPID US09-9334643

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Hotel & Motel
  • Electric Vehicle Charging Station
  • Parking Lot & Garage
  • Hotel & Motel

Location

901 Olympic Blvd Los Angeles, CA 90015-1327
Los Angeles metro Census 207711 LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$30.86M
Blend (final) Blend
$31.92M

Owner & transaction history

since 2011
4 recorded transactions
2019
Price N/A
2012
Price N/A
2011
$20.0M
1969
Price N/A

Zoning & alternative use

LALASED · Los Angeles, CA

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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