510 E Olympic Blvd

For Sale

510 E Olympic Blvd, Los Angeles, CA 90015

This Los Angeles property for sale is located at 510 E Olympic Blvd. The current listed sale price for 510 E Olympic Blvd is $7,800,000. 510 E Olympic Blvd is situated on a lot that is 0.44 acre in size.

Contacts

broker

Matthew Sullivan

Los Angeles - Investment Services Group

(213) 623-0800

Property Details

  • Property Type Retail - Street Retail
  • Property Size 19,500 SF
  • Units 10
  • Lot Size 0.44 Acre
  • Property Tenancy Multi-Tenant
  • Year Built 1993
  • Date Updated Apr 2, 2024
510 E Olympic Blvd is located in Downtown Los Angeles, CA. Downtown does not have official boundaries, but is generally considered as encompassing Chinatown to the north and bounded by the River to the east, the 10 Freeway to the south and the 110 Freeway to the west. Downtown Los Angeles is comprised of multiple districts - Fashion District, Warehouse District, Central City East, Arts District, Toy District, South Park, Little Tokyo, Financial District, among others. The Financial District attracts a large number of visitors, due to its abundant offering of affordable retail stores. Downtown Los Angeles continues to grow with upcoming development projects, such as The Grand, AMP Lofts, Perla and the Apple Store (historic Tower Theater). Nearby Fashion Marts are San Pedro Wholesale Mart & Annex, Stanford Wholesale Mart, LA Fashion Mart and Stanford Plaza. Being the west coast’s hub of fashion, along with the largest flower market in the country and the largest selection of textiles and notions in the US, the LA Fashion District is jammed packed with 4,000+ independently owned and operated retail and wholesale businesses. The 107 blocks of creativity, community and color that make up the LA Fashion District are safe, walkable, and easy to navigate with the district being geographically divided into 17 distinct categories. The majority of the district’s high-end retail is located between Broadway and Los Angeles Street, from 8th to 11th Streets.510 E Olympic Blvd is a +/-19,500 SF retail property located in Los Angeles, CA. Known as 1000 Wall, the property is a one-story building ideally located on the NWC of Olympic Blvd & Wall St. The property features a mix clothing related tenants. Units facing Wall Street include building signage, private office space, high ceilings, high window street views with front metal roll-up gates. The property offers great street visibility with +/-144 feet of street frontage along Wall Street. 510 E Olympic Blvd offers onsite parking, including on the roof, for tenants and visitors. There is nearby access to the 10 Freeway (Right off San Pedro Ave exit) easily connecting to the 5, 101 and 110 Freeways. Located just minutes from Downtown Los Angeles Financial District, LA Live sports and entertainment district, the Arts District and Santee Alley. The location is near many major thoroughfares through the city. With a current vacancy rate of 72.2%, the building offers a great opportunity for an owner/user to combine units or lease up the vacant units to garment related tenants.

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Highlights

  • +/-19,500 SF Retail Property
  • Street Level Showrooms With Easy Access
  • Onsite Parking Garage - Roof Top
  • Visible Hard Corner Location
  • Nearby Santee Alley & Fashion District
  • Easy Freeway Access
  • Gated Alley & Front Metal Roll-Up Gates
  • Owner-User or Value-Add Opportunity

Attachments

Getting around

  • 85/100

    Walk Score ®

  • 95/100

    Transit Score ®

  • 78/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Los Angeles, CA
  • Neighborhood Downtown Los Angeles
  • Zip Code 90015
  • Market Los Angeles

Points of Interest

  • San Pedro Street

    0.72 miles

  • Pershing Square

    0.78 miles

  • Pico

    0.79 miles

  • 7th Street/Metro Center

    0.81 miles

  • Pershing Square

    0.92 miles

  • Grand/LATTC

    0.97 miles

  • Civic Center/Grand Park

    1.23 miles

  • LATTC/Ortho Institute

    1.30 miles

  • Washington

    1.32 miles

  • Union Station

    1.67 miles

  • Chevron

    0.57 miles

  • Shell

    0.61 miles

  • Chrevron

    0.72 miles

  • Shell

    0.75 miles

  • Shall Gas

    0.89 miles

  • Valero

    0.92 miles

  • 76

    1.07 miles

  • 76

    1.20 miles

  • Mobil

    1.42 miles

  • Shell

    1.56 miles

  • Joe's Parking

    0.25 miles

  • Unified Parking Service Inc.

    0.29 miles

  • Southern California Flower Market Parking Garage

    0.32 miles

  • Public Parking

    0.35 miles

  • Nino Ferretti

    0.39 miles

  • LA Merchandise Mart

    0.48 miles

  • Los Angeles Garage Associates

    0.62 miles

  • 5th & LA Wholesale Plaza

    0.66 miles

  • The Metropolitan Apartments Parking Garage

    0.72 miles

  • Grand Avenue Garage

    0.76 miles

  • DAMA

    0.13 miles

  • Rossoblu

    0.15 miles

  • Cosmo Plaza

    0.20 miles

  • BROKEN MOUTH

    0.21 miles

  • Taco House 3

    0.26 miles

  • Amante Pizza & Pasta

    0.28 miles

  • Poppy + Rose

    0.30 miles

  • Sonoratown

    0.31 miles

  • Nabeeya

    0.32 miles

  • Dune Downtown

    0.33 miles

  • Ross

    0.52 miles

  • Burlington

    0.58 miles

  • Whole Foods Market

    0.66 miles

  • Los Angeles Jewelry center

    0.67 miles

  • Ralphs

    0.73 miles

  • DRT LAX10

    0.75 miles

  • Macy's

    0.79 miles

  • Fallas Paredes

    0.79 miles

  • The Bloc

    0.79 miles

  • L.A. Live

    0.86 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker

broker

Matthew Sullivan

Los Angeles - Investment Services Group

(213) 623-0800