7th & Olive - Office Space Availability

For Lease$59.4 - $62.4/Sqft/Year See below for details.

712 South Olive Street, Los Angeles, CA 90014

  • Office
  • 67,588 Sqft

7th & Olive, Los Angeles, CA 90014 - Office Space for rent

7th & Olive is located at 712 South Olive Street in the Downtown Los Angeles neighborhood, CA, Los Angeles, 90014. The Class A Office building was completed in 1917 and features a total of 103,000 Sqft. There are 4 Office spaces available for lease at 712 South Olive Street, Los Angeles, CA, 90014, totaling 67,588 Sqft. The largest space available has 18,435 Sqft and a rental rate of $59.4 - $62.4/Sqft/Year.

There are 1,005 office spaces for lease in the Downtown Los Angeles neighborhood, totaling 9,645,787.03 Sqft of available office space. The office space availability for the 90014 zip code is 1,558,868.03 Sqft, in 195 office spaces. The average asking office rent per sq. ft. in Downtown Los Angeles is $32.74/sqft/year. For Class A+ office buildings the average office rate is $30.1/sqft/year, for Class A office buildings the average office rate is $38.31/sqft/year, for Class B office buildings the average office rate is $32.2/sqft/year, for Class C office buildings the average office rate is $22.18/sqft/year.

In Downtown Los Angeles, there are 61 class A office buildings. In Downtown Los Angeles, there are a total of 26 LEED certified office buildings. In 1917, the same year 7th & Olive was built, 11 more commercial properties (office, industrial, retail) over 50,000 square feet were built in Los Angeles, featuring 979,305 square feet of commercial space. At zip code level, there are 59 commercial properties, of which 44 are office buildings over 50,000 square feet.

Nearby Listings

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Details

  • Price $59.4 - $62.4/Sqft/Year
  • City Los Angeles
  • Neighborhood Downtown Los Angeles
  • Zip Code 90014
  • Market Los Angeles
  • Property Type Office
  • Property Size 103,000 Sqft
  • Building Class A
  • Year Built 1917
  • Date Updated 30 Nov, 2020

Looking for more in-depth information on this property? Find property characteristics, ownership, tenant details, local market insights and more. Unlock data on CommercialEdge.com

Availability

Suite Name Space Type Lease Rate Space Available
4 Floor General Office $59.4 - $62.4/Sqft/Year 18,000 Sqft
  • Suite 4 Floor
  • Space Type General Office
  • Total Space Available 18,000 Sqft
  • Floor From 4 To 4
  • Divisible Space No
  • Min Divisible 18,000 Sqft
  • Max Contiguous 18,000 Sqft
  • Lease Rate $59.4 - $62.4/Sqft/Year
  • Possession Type Immediate
  • Lease Type Modified Gross
  • Renewal Option Yes
  • Sub Lease No

Exclusive Brokers

Mike Condon Jr.

Cushman & Wakefield

(213) 629-7379

Brittany Winn

Cushman & Wakefield

(213) 629-6514

Peter B. Collins

Cushman & Wakefield

(310) 595-2227

5 Floor General Office $59.4 - $62.4/Sqft/Year 18,435 Sqft
  • Suite 5 Floor
  • Space Type General Office
  • Total Space Available 18,435 Sqft
  • Floor From 5 To 5
  • Divisible Space No
  • Min Divisible 18,435 Sqft
  • Max Contiguous 18,435 Sqft
  • Lease Rate $59.4 - $62.4/Sqft/Year
  • Possession Type Immediate
  • Lease Type Modified Gross
  • Renewal Option Yes
  • Sub Lease No

Exclusive Brokers

Mike Condon Jr.

Cushman & Wakefield

(213) 629-7379

Brittany Winn

Cushman & Wakefield

(213) 629-6514

Peter B. Collins

Cushman & Wakefield

(310) 595-2227

6 Floor General Office $59.4 - $62.4/Sqft/Year 18,271 Sqft
  • Suite 6 Floor
  • Space Type General Office
  • Total Space Available 18,271 Sqft
  • Floor From 6 To 6
  • Divisible Space No
  • Min Divisible 18,271 Sqft
  • Max Contiguous 18,271 Sqft
  • Lease Rate $59.4 - $62.4/Sqft/Year
  • Possession Type Immediate
  • Lease Type Modified Gross
  • Renewal Option Yes
  • Sub Lease No

Exclusive Brokers

Mike Condon Jr.

Cushman & Wakefield

(213) 629-7379

Brittany Winn

Cushman & Wakefield

(213) 629-6514

Peter B. Collins

Cushman & Wakefield

(310) 595-2227

7 Floor General Office $59.4 - $62.4/Sqft/Year 12,882 Sqft
  • Suite 7 Floor
  • Space Type General Office
  • Total Space Available 12,882 Sqft
  • Floor From 7 To 7
  • Divisible Space No
  • Min Divisible 12,882 Sqft
  • Max Contiguous 12,882 Sqft
  • Lease Rate $59.4 - $62.4/Sqft/Year
  • Possession Type Immediate
  • Lease Type Modified Gross
  • Renewal Option Yes
  • Sub Lease No

Exclusive Brokers

Mike Condon Jr.

Cushman & Wakefield

(213) 629-7379

Brittany Winn

Cushman & Wakefield

(213) 629-6514

Peter B. Collins

Cushman & Wakefield

(310) 595-2227

Description

7th and Olive, retains the charm of a classic turn of the century building, while creating a cool and incredibly functional modern office building in the heart of the City’s most exciting neighborhood. The former home of the Ville de Paris department store has been converted to beautiful workspaces with upgraded building systems, high ceilings, exposed brick, flowing natural light and a jewel box penthouse with a private deck.

Highlights

  • Built in 1917 and originally home to the Ville de Paris department store
  • 7
  • 000SF interior / 3
  • 000SF exterior penthouse office jewel box features floor to ceiling glass and expansive
  • private roof deck for penthouse tenant
  • 6th and Penthouse floors feature interconnecting center stair
  • Natural light on all floors with north and west exposures
  • High ceilings (approx. 13’ – 20’ throughout)
  • Well appointed bathrooms with showers
  • EV Stations
  • Lobby ambassadors
  • Bike locker 2 levels of on-site subterranean parking
  • Property Manager Onsite
  • Signage.

FREQUENTLY ASKED QUESTIONS

How many office spaces are available at 7th & Olive?

There are currently 4 office spaces in this building.

What is the largest space available at 7th & Olive?

Currently, the largest rentable space at 7th & Olive totals 18,435 square feet.

What is the lease rate of the largest space available?

The monthly lease rate for the largest space available at 7th & Olive is $59.4 - $62.4/Sqft/Year per square foot.

What is the total square footage of 7th & Olive?

7th & Olive totals 103,000 square feet.

When was this property built?

7th & Olive was built in 1917.

Downtown Los Angeles Demographics

The average household income in zip code 90014 is $68,165, from a total of 5,496 households. In terms of employment, there are 93.48 % white-collar and 6.52 % blue-collar jobs in zip code 90014.

Population

  • Total Population57,000
  • Male Population(57.9 %) 32,980
  • Female Population(42.1 %) 24,020
  • Median Age38.00

Income/Financial

  • Average Household Income$57,135
  • Median Household Income$33,640
  • Median Income Under 25$22,119
  • Median Income 25-44$63,965
  • Median Income 45-64$22,090
  • Median Income Over 65$12,671

Leasing Contacts Register now to add listings

Mike Condon Jr.

Cushman & Wakefield

(213) 629-7379

Brittany Winn

Cushman & Wakefield

(213) 629-6514

Peter B. Collins

Cushman & Wakefield

(310) 595-2227