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Historic Pershing Square Building Offices
For Lease
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448 S Hill St, Los Angeles, CA 90013

Restored historic building offering creative office spaces for lease.

Space Size1,867 SF - 11,603 SF
Property Size153,000 SF
Days on Market2730

Property Features for 448 S Hill St

General Information

Standard status Active
Size 1,867 SF - 11,603 SF
Class B
Property subtype Office
Lease Type Modified Gross

Building Details

Building Size 153,000 SF
Year Built 1924
Tenancy Multiple

Spaces For Lease

at 448 S Hill St Contact us

Executive Suites @PSB

Type
Office
Lease Type
Full Service
Availability
Active
Contact us

Suite 200

Size
11,603 SF
Type
Office
Lease Type
Modified Gross
Availability
Active
Contact us

Suite 1101-1112

Size
6,920 SF
Type
Office
Lease Type
Modified Gross
Availability
Active
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Suite 612

Size
1,867 SF
Type
Office
Lease Type
Modified Gross
Availability
Active
Contact us

401-408

Size
5,053 SF
Type
Office
Lease Type
Modified Gross
Availability
Active
Contact us

Suite 615-618

Size
3,108 SF
Type
Office
Availability
Active
Contact us
Listing Agency: JMF Development
Listed By: Chris Gonzalez · License #02162846
Source: Crexi
Added: Mar 4, 2019 Changed: Aug 9 Last Checked: Aug 23 at 1:57PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of JMF Development

Investment Insights

Based on property information with market context.

The magnificently restored historic Pershing Square Building (PSB), located at 448 S Hill Street in the heart of thriving Downtown Los Angeles (DTLA), offers spaces for creative tenants. The Pershing Square Building blends the historic charm of the 1920s with modern conveniences. Tenants will have access to the rooftop deck with complimentary Wi-Fi and unobstructed 360-degree scenic views of Los Angeles. PSB also features operable windows, modernized elevators, on-site property management, and a newly remodeled Wi-Fi-enabled tenant lounge (coming Winter 2022). The building is home to Perch Rooftop Restaurant & Bar, offering fine dining and beverages with views, and Mrs. Fish Restaurant & Bar, a basement whiskey bar and sushi restaurant. PSB will provide limited daily food and beverage prepared by Perch, for purchase, and tenants can enjoy this curated lunch on the 16th-floor rooftop deck or delivered directly to your office suite. With a Metro stop right out front and proximity to major area freeways, the Pershing Square Building is centrally located. The building is also close to the Civic Center, Historic Core, CBD, Jewelry District, Fashion District, Central Library, Staples Center, LA Live, Ahmanson Theater, Dorothy Chandler Pavilion, and the Museum of Contemporary Art. Dining options within walking distance include The Standard Downtown, Ciudad, Patina, Cicada Restaurant, Empress Pavilion, Water Grill, Café Pinot, Nick & Stef’s Steakhouse, Grill Lyon, 626 Reserve, and Bottega Louie. The building offers tenant-ready creative office suites.

Key Highlights

  • Prime Downtown Los Angeles (DTLA) location with a Metro stop directly in front of the building and easy access to major freeways.
  • Access to a private rooftop deck with complimentary Wi‑Fi and unobstructed 360‑degree views of Los Angeles.
  • On‑site dining options including Perch Rooftop Restaurant & Bar and Mrs. Fish Restaurant & Bar.

Property Analytics

Current Use

Mrs. Fish Restaurant The Noon Company (Bike/Boat/Book/etc) Store Institute For the Development Association Or Organization Bar Thirteen Bar & Pub DHE Corporation General Contractor

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Adult Day Care Buffet Tanning Salon Clothing & Fashion Store Pet Grooming Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$3.60 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

23,616
Businesses Nearby

Demographics for 90013, CA

15,589
Population
10,143
Households
1.5
Avg Household Size
43
Median Age
39%
College-Educated
85%
High-School Grad
0.7 sq mi
ZIP Area
22,270
Density / Sq Mi
$32,848
Median Household Income
$54,250
Median Earnings
$1,161
Median Rent
$786,600
Median Home Value

Market

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025
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Frequently Asked Questions

What type of property is this?
Office building - Restored historic building offering creative office spaces for lease.
Where is this office building located?
The property is located at 448 S Hill St Los Angeles, CA.
What is the lease rate?
The lease rate is $24 SF/Yr.
What are key features of this property?
This property features: Prime Downtown Los Angeles (DTLA) location with a Metro stop directly in front of the building and easy access to major freeways.; Access to a private rooftop deck with complimentary Wi‑Fi and unobstructed 360‑degree views of Los Angeles.; On‑site dining options including Perch Rooftop Restaurant & Bar and Mrs. Fish Restaurant & Bar.
More about this property
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