Los Angeles County Office Space

623 S Olive St Unit 203 (Floor 2)
Downtown Los Angeles, Los Angeles, CA
Description RETAIL w/ huge potential! IDEAL FOR BAR/RESTAURANT but would be great for any retail use! A+ LOCATION! Fixer Upper! Lots of work needed! MOTIVATED OWNER! HIGH CEILINGS! Flr is the orig wood in some areas. THIS PPSF IS DIRT CHEAP for this location!! Blocks away asking $4-$6PSF!! Owner willing to give FREE RENT during permit process, per negotiation. Can expose raw brick/metal beems! The space has two offices/storage rooms along with a men's and women's restroom. Space shares the ground floor with a cafe, liquor store, and there is an Italian Bistro Restaurant in the back!! OFFICES: Spaces now available! Central HVAC! 24/7 Access! Raw brick walls, new flooring, and recess lighting! Security guard during normal biz hours! Ask advantages of signing 5-year lease! All our listings, min 1 year leases but owner may require longer than 1 year. Showings by APPOINTMENT ONLY. I'm a real estate broker, if this space doesn't meet your needs I may have/know something else that does. Go to my site & submit your info or call now! Thank you! Facebook/Twitter: @dtla4ever Instagram/Snap/Youtube: @dtlarealestate DISCLOSURES: The information contained herein is deemed reliable but was obtained from 3rd parties and has not been independently verified by dtlarealestate.com and is therefore not guaranteed. Brokers/agents are not qualified to act, consult, make conclusions, and/or provide advice with respect to legal, tax, environmental, licensing, permitting, architectural, building code and construction, soils-drainage, and/or any other such matters, so for these things you should refer to the appropriate expert of your choice. All square feet listed on marketing materials are the net (usable) square feet which we include a standard 20% load factor to calculate the gross (rentable) square feet. We list everything with a 20% load factor regardless if there is common area or not. Square feet are approximate and are not guaranteed, leases assume you measure the sqft before leasing and approve of the calculation for multiple reasons. Rent rate and terms on all of dtlarealestate.com's advertisements and correspondences are subject to change so the final rent rate and terms are not valid or binding until a written lease has been signed by lessor and lessee. Lic#01753250

Los Angeles County

Office Space Market Report

Number of Listings (last 90 days)
Median Rate ($/sqft/yr)
Median Size (sqft)
As of: May 21, 2017

Los Angeles County Office and Commercial Space

The nation’s most diverse and most populous county covers 4,083 square miles and has a population of nearly 10,000,000; offering office space for rent in its 88 incorporated cities, as well as in its unincorporated areas. Businesses from any industry can confidently find a niche in Los Angeles County, California, which boasts a $575 billion dollar economy and 5,000,000 strong workforce. Creative firms seeking to lease in Los Angeles County will find the creative economy very attractive, as it employs 304,000 people, and features many major entertainment studios. Tourism for the entertainment industry is impressive, as more than 25 million people flock to Los Angeles County to see the “stars” annually. Los Angeles County’s rental properties in the fashion industry are also in high demand, as the county tops the nation in apparel manufacturing. The 90 square-block fashion district is the hub of the country’s apparel industry, employs 73,500, and generates $60 billion annually. Three of the nation’s top ten engineering design firms are found here, and technology firms are beginning to flock to the county from saturated markets on the west coast, such as San Francisco and Seattle.

Los Angeles County Economic Overview

A recovering job market has resulted in a 2.2% gain in employment from the previous year, and a falling unemployment rate. Largest job gains are in leisure/hospitality, healthcare, and construction. International trade remains strong, in part due to Los Angeles County’s two container ports, which are the two largest in the nation. The technology industry has helped edge job growth up, as tech companies seek to capitalize on creative growth in the county. All indicators point to growth in the local economy.

Los Angeles County at a Glance

Los Angeles County has something for everyone between its renowned cultural destinations, glamorous star power in Hollywood and Beverly Hills, and varied natural topography. Some of the finest museums are found in the county, including the Getty Museum the Los Angeles County Museum of Art, the La Brea Tar Pits, and the Ronald Reagan Presidential Library & Museum. Entertainment destinations include Hollywood, Rodeo Drive, Universal Studios, and Beverly Hills, for those who enjoy movies and movie stars. Los Angeles County boasts twenty beaches along its 75 mile coast, rugged San Gabriel Mountains with many hiking and biking trails, and the two islands of San Clemente and Santa Catalina as popular tourist attractions.

Where to Lease in Los Angeles County

Los Angeles County is considered to be a great commercial real estate value, especially as compared to such high-rent areas as San Francisco, Seattle, and New York City. There are countless commercial offerings, whether in the Los Angeles, Long Beach, Glendale, Santa Clarita, or any of the other 88 incorporated cities where firms can find excellent deals and superb locations.

Learn More about Los Angeles County

Market Report

Trends and status of the commercial real estate market in Los Angeles County.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Los Angeles County.