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    656 Los Angeles St Los Angeles, CA 90014

    Sponsored
    For Lease
    $10 SF/Yr

    Historic DTLA Creative Office Suites, 9 Available

    Lot size:
    58,500 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    The Stanley Building, a stunning example of Beaux Arts architecture in Downtown Los Angeles, offers 58,500 square feet of creative office space. Originally constructed in the 1920s and known historically as the "Builder's Exchange Building" and later the "Terminal Building," this high-rise building now bears the name of Downtown Los Angeles philanthropist Stanley Hirsh. Designed by the renowned architectural firm Walker and Eisen (also known for the Fine Arts Building and United Artists Theater), the building boasts high ceilings and abundant natural light. Nine individual suites are currently available, ranging in size from 577 to 9,000 square feet, making it ideal for a variety of businesses. The building's rich history and modern amenities create a unique and inspiring work environment. A 30-day early extension is available for new tenants. Located in Los Angeles County, this multi-tenant building has been a vital part of the city's commercial landscape for nearly a century, and continues to thrive as a hub for creative studios and businesses. The building's enduring design features offer dynamic and beautiful spaces for diverse uses.

    Property Features for 656 Los Angeles St

    General Information

    Property type
    Office space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    58,500 SF
    Total Rate
    49725

    Unit(s) available at that property

    Space
    204
    Size
    785 SF
    Rate per SF
    $15
    Space
    305
    Size
    2,655 SF
    Rate per SF
    $15
    Space
    410
    Size
    577 SF
    Rate per SF
    $12
    Space
    500
    Size
    2,857 SF
    Rate per SF
    $15
    Space
    800
    Size
    4,500 SF
    Rate per SF
    $10
    Space
    1000
    Size
    2,250 SF
    Rate per SF
    $15
    Space
    1050
    Size
    2,250 SF
    Rate per SF
    $15
    Space
    1100
    Size
    9,000 SF
    Rate per SF
    $15
    Space
    1200
    Size
    9,000 SF
    Rate per SF
    $15

    HighLights

    • Office property totaling 58,500 square feet.
    • Located in Los Angeles County.
    • Creative office space available; multiple tenancies.
    • Suites range from 577 to 9,000 square feet; 9 spaces currently available.
    • Beaux Arts architecture; high ceilings and abundant natural light.
    Property Profile Location Intelligence

    Current Use by Public Records

    Discount Garage Parking Lot Big Day Memories Wedding Photographer FD Photo Studio ... Photography Studio Solar Space DTLA Photography Studio The Advnt Society Studio Photographer

    Suggested Use

    Realty agency Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Daycare Center Skin Care Clinic Gym & Fitness Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Los Angeles
    County
    Los Angeles
    State
    California
    Longitude
    -118.25023088395
    Latitude
    34.043141392525

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    FAQs

    What type of property is this?
    Office space - Historic DTLA Creative Office Suites, 9 Available
    Where is this office space located?
    The property is located at 656 Los Angeles St Los Angeles, CA.
    What is the lease rate?
    The lease rate is $10-$15 SF/Yr.
    What are key features of this property?
    This property features: Office property totaling 58,500 square feet.; Located in Los Angeles County.; Creative office space available; multiple tenancies.
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    656 Los Angeles St Los Angeles, CA 90014
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