Property summary
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
VerifiedCap rate & NOI
Current use
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Hotel & Motel
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Electric Vehicle Charging Station
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Parking Lot & Garage
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Hotel & Motel
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Property tax & assessments
Tax year 2024Property description
Physical attributes from public recordsZoning & alternative use
LALASED · Los Angeles, CAZoning
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