Los Angeles County  »  1001 S Olive St

Hanover Olympic - 1001 South Olive Street, Los Angeles, CA 90015 Property Information

Hanover Olympic - 1001 South Olive Street, Los Angeles, CA 90015 Property Information

  • General
  • Owner
  • Documents
  • Tax
  • Permits
  • Neighborhood
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Hanover Olympic - 1001 South Olive Street, Los Angeles, CA 90015
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Address

Primary address 1001 South Olive Street, Los Angeles
Alternate address(es) 1003 S Olive St
1005 S Olive St
1007 S Olive St
Zip code 90015
County Los Angeles
Municipality Los Angeles
Neighborhood Downtown Los Angeles

Sales & Tax Overview for 1001 South Olive Street, Los Angeles

View detailed information on past sales, title documents and property taxes, including the assessed market value, in their dedicated tabs.

Sale date 04/18/2017
Sale price $110,000,000
Arm's length
Current property tax $1,588,262

Lot & Building Information for 1001 South Olive Street, Los Angeles

Building sqft 186,931
Building class Store & Residential Combination - 14 to 20 Stories (1217)
Acreage 1.153
Units 201
Year built 2016
Stories 14
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Zoning, Use & Area Overview

Walk Score
Transit Score
Bike Score


Zoning district
Weed hazard No
School district Los Angeles Unified School District

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Other Property Data for 1001 South Olive Street, Los Angeles

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  • • Improvements for 1001 South Olive Street, Los Angeles , including their type, square footage, grade and when they were built.
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About 1001 South Olive Street, Los Angeles

How many sq. ft. does Hanover Olympic - 1001 South Olive Street, Los Angeles, CA 90015 have & what is the price per sq. ft?

This Store & Residential Combination - 14 to 20 Stories (1217) located at Hanover Olympic - 1001 South Olive Street, Los Angeles, CA 90015 has a total of 186,931 square feet and a current price per square foot of $588.

What is the year built & the current market value of Hanover Olympic - 1001 South Olive Street, Los Angeles, CA 90015?

Hanover Olympic - 1001 South Olive Street, Los Angeles, CA 90015 was built in 2016 and has a current tax assessor's market value of $129,877,536.

How many commercial spaces does this building have?

This building has 201 commercial spaces available for lease.

Ownership Information

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Past Sales & Property History for 1001 South Olive Street, Los Angeles

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Purchase date Purchase price Buyer name Seller name
04/18/2017 $110,000,000
01/31/2014 $12,000,000
       
       
       
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Title Documents for 1001 South Olive Street, Los Angeles

To view the complete history of deeds, mortgages, assignments of leases and rents, and more, sign up for free. Available data goes back to 1966.

Date Type Amount Party 1 Party 2 Maturity Document Doc image
03/02/2018 Release
04/18/2017 Grant Deed
(Sale for consideration - full DTT - Single parcel sale)
04/05/2017 Notice Completion
03/14/2017 Covenant and Agreement
02/28/2017 Certificate Compliance
09/26/2016 Certificate Compliance
08/09/2016 Modify Covenant and Agreement
04/28/2015 Quitclaim Deed
(Reappraisal transfer - no DTT - Single parcel sale)
01/31/2014 Grant Deed
(Sale for consideration - full DTT - 4 parcels in multiple sale)
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R: Recorded date
D: Document date

Property Taxes for 1001 South Olive Street, Los Angeles

Access detailed property tax data for Hanover Olympic - Hanover Olympic - 1001 South Olive Street, Los Angeles, CA 90015. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.

Tax year: 2025-2026
Base tax $1,542,166
Current property tax $1,588,262
Market value $129,877,536

Special Assessments And Penalties for 1001 South Olive Street, Los Angeles

Special Assessments

Abatements, financial assistance programs and non-ad valorem taxes levied as special taxes/direct assessments are applicable for this property.

Code Description Tax levied
00194 Health License Fees
03694 La County Regional Park And Open Space District
18852 Los Angeles City Street Light Maintenance Land
03071 Los Angeles County Flood Control
00170 Los Angeles County Trauma/Emerg Srvs

Assessment History for 1001 South Olive Street, Los Angeles

Here's the assessment & property tax history for 1001 South Olive Street, Los Angeles, including the evolution of the total tax rate and corresponding property tax.

Year Assessment value Total tax rate Property tax Year over year change
2025-2026 $129,877,536 1.1874 $1,542,166 +0.95%
2024-2025 $127,340,958 1.1997 $1,527,709 +2.00%
2023-2024 $124,880,230 1.1994 $1,497,813 +4.94%
2022-2023 $122,462,353 1.1655 $1,427,299 +0.78%
2021-2022 $120,512,971 1.1752 $1,416,268 -0.66%

Permits for 1001 South Olive Street, Los Angeles

The complete history of permits filed for 1001 South Olive Street, Los Angeles, including new construction or demolition permits, complaints, plus any work pertaining to plumbing, heating and sprinkler systems is available with a free account. Available data goes back to 1990.

Issued Permit Type Sub type Valuation Expires Status
01/06/2026
12/08/2025
07/10/2025
07/01/2025
06/23/2025
06/16/2025
06/16/2025
04/29/2025
01/30/2024
08/25/2021
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Los Angeles residential market stats

Median Sale Price
$1,000,000
1% YoY
Median Price/Sqft
$663
1.5% YoY
Los Angeles County Median Sale Price
$872,000
0.2% YoY

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Demographics by Zip Code

Total population 24,704
Median age 32.9
Average household income $106,533
Family households 32.0%
Occupied housing units 13,366
Owner occupied units 11.4%
Average number of people per household 1.82
Median year structure built 2004
Median value for units with a mortgage $1,005,700
Median value for units without a mortgage $596,400

Risk

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FEMA flood zone(s) X (See more on map)
Fire hazard zone See more on map
Faults and tsunami inundation zone map
Landslides and liquefaction map

Transportation

Access the detailed traffic volume map for 1001 South Olive Street, Los Angeles to see estimated average daily traffic on streets surrounding the property as well as the types of properties in its vicinity.

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Neighbors for 1001 South Olive Street, Los Angeles

Here are the neighbors for Hanover Olympic - 1001 South Olive Street, Los Angeles.

Address Square feet Purchase date Purchase price
811 S Carondelet St, Los Angeles 29,351 08/23/2013 $1,125,000
1925 Wilshire Blvd, Los Angeles 61,703
1430 E Washington Blvd, Los Angeles 88,969 04/29/2013 $4,000,000
1249 S Grand Ave, Los Angeles 98,683 10/28/2013 $3,250,000
1120 W 6th St, Los Angeles 326,068 09/27/2019 $272,500,000
1000 S Grand Ave, Los Angeles 274,675 04/28/2015
1218 S Central Ave, Los Angeles 100,180 11/06/2017 $35,937,000
1200 S Grand Ave, Los Angeles 311,717 12/30/2024 $122,000,000
936 S Olive St, Los Angeles 267,773 06/23/2023
1222 S Alvarado St, Los Angeles 26,922 08/22/2017
1414 Newton St, Los Angeles 16,063 12/09/2013
1331 W 7th St, Los Angeles 92,810 02/20/2013 $2,300,000
1001 S Hope St, Los Angeles 71,140
1319 E Newton St, Los Angeles 55,043 11/06/2017 $35,937,000
1026 S Broadway, Los Angeles 277,250 06/11/2014
1243 S Olive St, Los Angeles 279,351 01/21/2021 $121,000,000
637 Lucas Ave, Los Angeles 176,395 12/23/2024
1245 Wilshire Blvd, Los Angeles 197,910 12/23/2024
920 Crocker St, Los Angeles 14,939 11/13/2019 $7,000,000
921 Naomi Ave, Los Angeles 8,664 05/16/2014 $2,550,000

Nearby ZIP Codes for 1001 South Olive Street, Los Angeles

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