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643 S Olive St., Olive Center Building

Downtown Los Angeles, Los Angeles, CA
Floors
10
Total Size
79,115 sqft
Year Constructed
1912

About 643 S Olive St., Olive Center Building

This office space is located at 643 S Olive St, LA. Known as The Olive Center, this building is a remarkable 10-story building with 79,115 square feet; it was originally constructed in 1912. This is an ideal opportunity for professional firms, jewelers or other office users looking to rent in the heart of LA's Jewelry District.

The building offers ample light via the numerous windows that decorate multiple sides. Some full-floor opportunities offer tenants direct elevator access. High ceilings, skylights, multiple restrooms, multiple private offices, kitchens and wood floors are among the amenities found in various suites. The building also offers 24-hour onsite security for added peace of mind and safety.

The location is ideal for a wide range of users; LA's Jewelry District is the second largest concentration of jewelers in the world. Grocers, restaurants and retail shops are all within walking distance. The 110 and 101 freeways are easily accessible, as are several public transportation options.

This is an impressive building with a light, concrete facade with deeply recessed, square windows that line each floor. It offers a professional image, ideal for firms or similar tenants.

Internet Providers for 643 S Olive St., Olive Center Building

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 $40
/sqft/yr
3,210
sqft
Median Rate Median Size
Metropolitan Los Angeles $32
/sqft/yr
2,180
sqft

Median Rate over Time in Downtown Los Angeles