Map pin5275 W Olympic Blvd, Los Angeles, CA, 90036, US

5275 W. Olympic Blvd.

5275 W. Olympic Blvd._Property for Sale

Attributes

Asking price
₹416,668,000
Cap rate
5.4%
Building area net
575 m²
Land area gross
1,174 m²
Year built
1983
Year renovated
2023
Occupancy
100%
Zoning
LAC2
Parking spaces
12

Asset Description

Jones Lang LaSalle as an exclusive advisor, is pleased to present the opportunity to acquire the fee simple interest in 5275 West Olympic Boulevard (the “Property” or the “Offering”). Consisting of 6,194 square feet of GLA between four, newly renovated retail suites, the Offering presents the opportunity to acquire a 12,402 square foot corner lot at the signalized intersection of South La Brea Avenue (42,009 VPD) and West Olympic Boulevard (43,111 VPD). The Property boasts great visibility with frontage across both points of ingress, as well as featuring an income -generating billboard on the premises. The Property is situated within a densely populated, pedestrian friendly environment, with 489,087 residents within a three-mile radius of the Property. The Offering also offers great accessibility with entry points on both South La Brea Avenue and West Olympic Boulevard, featuring 12 surface parking stalls and a walker’s paradise designation.

...

Investment Highlights

  • Excellent Visibility and Access
  • Transit Oriented Property
  • High Barriers to Entry
  • Highly Dense and Affluent Demographics
  • Proximity to Major Employers
  • Multiple Revenue Streams
  • Internet Resistant Tenants
5275 W. Olympic Blvd. 4_Property for Sale
5275 W. Olympic Blvd. 4_Property for Sale
5275 W. Olympic Blvd. (0 Properties)

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Last updated
11 Jun 2024