Retail Space
3100 Olympic Boulevard Los Angeles, CA 90006
Details & Description
Price: $6,200,000
    Located in Prime Koreatown, this retail portfolio is composed of three separate buildings and two adjacent parking lots. The buildings consist of 6 units totaling 9,545 in rentable sqft and a total aggregate lot size of 19,255 sqft.3100 W Olympic Blvd is a single story, three-tenant building, built in 1925, that consists of two parcels situated on a high trafficked corner between W Olympic Blvd & S Kingsley Dr. The property has a 20 space parking lot.3132 W Olympic Blvd consists of two separate buildings with a 9 space parking lot in between.The corner structure is a single-story, two-tenant building, built in 1947. The second structure is a two-story, owner / user building that was built in 1981 and will be delivered vacant.With a 7.3% Cap Rate this opportunity offers investors an ideal 1031-exchange, passive investment, or Owner-Partial User opportunity. The majority of tenants are responsible for most expenses and maintenance under the NNN lease. This investment opportunity requires limited management responsibility.
    Additional Photos
    Listing Agents
    Phillip Seymour

    O: 818-432-1632
    M: 310-612-9800
    phil@theseymourgroup.net
    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    3100 Olympic Boulevard

    Los Angeles, CA 90006

    Listing ID: 271674
    • 3100 Olympic Boulevard Los Angeles, CA 90006 | for Sale | Photo 1
    • 3100 Olympic Boulevard Los Angeles, CA 90006 | for Sale | Photo 2
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    • 3100 Olympic Boulevard Los Angeles, CA 90006 | for Sale | Photo 4
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    3100 Olympic Boulevard | for Sale | Thumbnail 4
    Building Size: 9,545 SF
    Lot Size: 0.442 AC
    Land Size: 19,255 SF
    Building $/SF: $649.55
    Land $/SF: $321.99
    Price
    $6,200,000
    Description

    Located in Prime Koreatown, this retail portfolio is composed of three separate buildings and two adjacent parking lots. The buildings consist of 6 units totaling 9,545 in rentable sqft and a total aggregate lot size of 19,255 sqft.

    3100 W Olympic Blvd is a single story, three-tenant building, built in 1925, that consists of two parcels situated on a high trafficked corner between W Olympic Blvd & S Kingsley Dr. The property has a 20 space parking lot.

    3132 W Olympic Blvd consists of two separate buildings with a 9 space parking lot in between.

    The corner structure is a single-story, two-tenant building, built in 1947. The second structure is a two-story, owner / user building that was built in 1981 and will be delivered vacant.

    With a 7.3% Cap Rate this opportunity offers investors an ideal 1031-exchange, passive investment, or Owner-Partial User opportunity. The majority of tenants are responsible for most expenses and maintenance under the NNN lease. This investment opportunity requires limited management responsibility.

    Points of Interest & Demographic Radii

    Points of Interest
    Demographic Radii
    POIs provided for entertainment purposes only. Data comes from multiple data sources as well as users and agents. MyEListing makes no claims whatsoever as to the accurancy and/or completeness.
     
    Los Angeles History of Retail Space for Sale

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    Los Angeles Area Market Trends

    Listing Demographics for 3100 Olympic Boulevard Los Angeles, CA 90006

    All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

    1-Mile 3-Miles 5-Miles
    Total Population100,464628,1561,271,616
    Population Median Age373637
    Population by Age0-9 Yrs11492 (11%)68631 (10%)134181 (10%)
    10-19 Yrs10161 (10%)70095 (11%)133060 (10%)
    20-29 Yrs18247 (18%)126748 (20%)245533 (19%)
    30-39 Yrs17744 (17%)110531 (17%)230510 (18%)
    40-49 Yrs14118 (14%)83441 (13%)176033 (13%)
    50-59 Yrs11922 (11%)70865 (11%)146838 (11%)
    60-69 Yrs8601 (8%)52096 (8%)109066 (8%)
    70+ Yrs8179 (8%)45750 (7%)96395 (7%)
    Median HH Income$39,743$44,230$50,429
    Total Household Income< 24K11594 (30%)67048 (29%)131233 (27%)
    25-49K11690 (30%)59631 (25%)109015 (22%)
    50-74K6891 (17%)37907 (16%)76679 (15%)
    75-99K3394 (8%)22846 (9%)50329 (10%)
    100-199K3871 (10%)32044 (13%)82813 (17%)
    200K+968 (2%)11440 (4%)33299 (6%)
    Highest Education LevelNo Diploma22097126755234283
    Diploma or GED1619485900167905
    Some College956365285145477
    Assoc. Degree32252275849297
    Bachelors Degree1614794098209206
    Higher Degree47933768395323
    Total Housing Units42,196254,085532,021
    --Owner-Occupied3,36133,99498,841
    --Renter-Occupied35,047196,923384,527
    Owner-Occupied Values< 100K1547401616
    100-199K874561765
    200-299K15713024956
    300-399K325258910468
    400-499K313322310605
    500K+23262568469430
    Total Working Age Population83,043521,4111,061,438
    In Work Force57,442355,003716,170
    Not In Work Force25,601166,408345,268
    Workforce Employed54,152332,040668,142
    Workforce Unemployed3,28922,89347,801
    Civlian Workforce57,441354,933715,944
    Military Workforce170226
    Total Households38,408230,917483,368
    Family Households21,012121,830239,292
    Non-Family Households17,395109,086244,076
    Married Couple12,23569,625142,768
    Other Family8,77752,20596,525
    Married w/Child4,80728,64157,878
    Single Male w/Child1,2016,70612,505
    Single Female w/Child2,64715,87928,710

    Population Change Last Two Decades - Plus Projection

    2000%2010%2020%2030
    California33,871,648+1037,253,956+940,467,295+843,631,295
    Los Angeles County9,519,338+39,818,605+610,369,367+410,759,850

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    Common Questions and Answers

    What is the asking price for 3100 Olympic Boulevard in Los Angeles?
    The asking price for 3100 Olympic Boulevard is $6,200,000
    What is the building size of this Retail property in Los Angeles, CA?
    The size of the building/unit at 3100 Olympic Boulevard in Los Angeles is 9,545 square feet
    How much land does the Los Angeles, CA property at 3100 Olympic Boulevard include?
    3100 Olympic Boulevard in Los Angeles includes 0.442 acres of land
    What kind of Retail is the propery at 3100 Olympic Boulevard?
    The property at 3100 Olympic Boulevard Los Angeles, CA 90006 is listed as a Other Retail Retail property
    What is the population within 1 mile of 3100 Olympic Boulevard in Los Angeles?
    The population within 1 mile of 3100 Olympic Boulevard Los Angeles, CA 90006 is 100,464 people.
    Who do I contact for questions about 3100 Olympic Boulevard?
    You should contact the listing agent, Phillip Seymour , for any details regarding this commercial listing.

    Closest Commercial Airports

    Airport Distance (mi)
    Los Angeles International Airport (LAX) 10
    John Wayne Airport-Orange County Airport (SNA) 36
    Ontario International Airport (ONT) 40
    Price
    $6,200,000
    Listing Agent
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