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631 S Olive St

Downtown Los Angeles, Los Angeles, CA
Floors
9
Total Size
106,600 sqft
Building Class
A

About 631 S Olive St

This property is known as Crown Plaza and is situated within Downtown Los Angeles, CA at 631 South Olive Street. Class A in designation, the building rises 9 stories above the street line and contains a total of over 106,600 square feet of rentable office space.

All of the office spaces within the property feature modern furnishings and amenities, even though the building was constructed in the mid 1980s. Huge windows fill each of the units, providing those inside with unobstructed views over the surrounding city.

Businesses that require around-the-clock hours appreciate the fact that access is available to 631 South Olive Street 24 hours a day, 7 days a week. The premises is extremely secure, and G4S armed security is found in the lobby for an added measure of safety.

Some onsite parking is available to tenants and employees of the building, while customers have access to bountiful street parking. Once parked, there is no need for visitors to move their vehicles, as many area attractions are within easy walking distance of the property.

Subtle diamond details are found between each line of windows on the facade of 631 South Olive Street. The exterior features many sharp angles, and in fact, even the windows are dimensional for an interesting look.

Companies at 631 S Olive St

INTA Gems & Diamonds Finance Jewelry Store Store

Internet Providers for 631 S Olive St

Provider Technology Max Download Speed Max Upload Speed
Level 3 Communications, LLC Fiber
10 Gb/s
10 Gb/s
tw telecom Fiber
10 Gb/s
10 Gb/s
Cogent Communications Fiber
10 Gb/s
10 Gb/s
PAETEC Communications, Inc. Fiber
10 Gb/s
10 Gb/s
Zayo Group, LLC Fiber
100 Mb/s
100 Mb/s
TIME WARNER CABLE Cable
100 Mb/s
6 Mb/s
Megapath DSL
50 Mb/s
50 Mb/s
AT&T California DSL
25 Mb/s
1.5 Mb/s

The Neighborhood: Downtown Los Angeles

The typical asking rate per listing is in the $30's per square foot per year. The Downtown Los Angeles submarket is going through a decline in rates. In the last 3 months, the median rate fell $6 per sqft per year. That's a 13% decline in rent.

Compared to the rest of the Metropolitan Los Angeles market, the Downtown Los Angeles submarket has greater rates, and you'll need to pay a premium to be in this hot region.

Median Rate Median Size
Downtown Los Angeles $36
/sqft/yr
3,210
sqft
Median Rate Median Size
Metropolitan Los Angeles $32
/sqft/yr
2,210
sqft

Median Rate over Time in Downtown Los Angeles