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Mail Order District - Sears Building

Off-Market

2650 East Olympic Blvd, Los Angeles, CA 90023

This property is off-market. Unlock in-depth property data and market insights by signing up to CommercialEdge.

  • Property Type Office - General Office
  • Property Size 1,791,000 Sqft
  • Lot Size 12.83 Acre
  • Parking Spaces Avail. 18304
  • Parking Ratio 10.22/ 1,000 SF
  • Building Class A

Location

  • City Los Angeles, CA
  • Neighborhood Boyle Heights
  • Zip Code 90023
  • Market Los Angeles

Contacts

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Owner

  • True Owner
  • Registered Owner

Brokers

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Documents

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Sales

  • Arm's Length
  • Buyer Name

Market Trends

Average Actual Rents in Los Angeles

Average rents use actual signed leases, aggregated for your specific search area and asset type with Yardi Market Insight. Be confident your price is competitive, with CommercialEdge.

Current Average Rent
Net Rent
$44.3/SF/YR
Recoverables Show detailsHide details
$16.7/SF/YR
CAM
$3.54/SF/YR
Insurance
$0.59/SF/YR
Taxes
$9.52/SF/YR
Utilities
$1.76/SF/YR
Management Fees
$1.3/SF/YR
Total Rent
$61/SF/YR
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Occupancy & Leasing Activity
Occupancy
83.5%
Lease Spread
-20.5%
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Asking Rents in Los Angeles Office Market

Office rental rates are based on aggregated data of asking rates.

  • 2020 Avg. Asking Rent $42.41
  • 2020 Office Vacancy Rate 12.35%
  • 2020 Office Completions (Sqft) 1,087,539

Los Angeles Office Sales Trends

All sale prices are based on publicly recorded, verified sales.

  • 2020 Avg. Price per Sqft $403.45
  • Y-o-Y Avg. PpSF Change -17.20%
  • 2020 Office Sales Volume $1.6B
  • 2020 Number of Transactions 12
View more Los Angeles market trends

Tax

  • Property Tax in 2021-2022 $528,150
  • Market Value $44,007,834
  • Assessed Value $44,007,834

Find more tax info, including assessment history and abatements, on CommercialEdge

Frequently Asked Questions

What is the total square footage of Mail Order District - Sears Building?

Mail Order District - Sears Building totals 1,791,000 square feet.

What is the property tax for Mail Order District - Sears Building?

The property tax for Mail Order District - Sears Building in 2021-2022 was $528,150.

What is the market value for Mail Order District - Sears Building?

The market value for Mail Order District - Sears Building in 2021-2022 was $44,007,834.

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