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Investment Highlights
- Building Square Footage ±18,914 SF With an Approx. ±6,316 SF Basement
- Excellent Public Parking Across The Street
- Multiple Restrooms On All Floors / Passenger
- Land Square Footage ±6,328 SF
- Clearance Varies: 1st Floor: 10', 2nd Floor: 9'
- Passenger Elevator Services all Floors
Executive Summary
2 Story Commercial Building w/Full Basement +/-6,328 SF of Land
Excellent For Many Creative Uses, Office, ETC.
Passenger Elevator Services All 3 Floors
Directly Across The Street
Can Be Combined With Adjacent 1052-1054 South Olive Street 7,354 SF Bldg On ±5,361 SF Land
Walking Distance to LA Live, Crypto.com Arena and Many Restaurants, Hotels, Etc.
No credits, no discounts and no renovations.
Excellent For Many Creative Uses, Office, ETC.
Passenger Elevator Services All 3 Floors
Directly Across The Street
Can Be Combined With Adjacent 1052-1054 South Olive Street 7,354 SF Bldg On ±5,361 SF Land
Walking Distance to LA Live, Crypto.com Arena and Many Restaurants, Hotels, Etc.
No credits, no discounts and no renovations.
Data Room Click Here to Access
- Offering Memorandum
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
18,915 SF
Building Class
C
Year Built
1911
Price
$2,500,000
Price Per SF
$132.17
Tenancy
Single
Building Height
3 Stories
Building FAR
2.89
Lot Size
0.15 AC
Zoning
LA R5 - Multiple Dwelling R4 Uses, Clubs, Lodges, Hospitals, Sanitariums, Hotels
Frontage
Amenities
- Signalized Intersection
Exceptionally walkable
90/100
Very drivable
80/100
Exceptional public transit
100/100
Very bikeable
80/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 5139-011-009 | Improvements Assessment | $677,813 |
| Land Assessment | $1,244,183 | Total Assessment | $1,921,996 |
Property Taxes
Parcel Number
5139-011-009
Land Assessment
$1,244,183
Improvements Assessment
$677,813
Total Assessment
$1,921,996
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Photos
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Map
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1058-1060 S Olive St
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