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Parking Garage with Creative Offices
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990 W 8th Street, Los Angeles, CA 90017

100% fee simple offering anchored by a 1,500-stall parking garage with boutique creative office and ground-floor retail.

Property SizeContact for details
Days on Market124

Property Features for 990 W 8th Street

General Information

Standard status Active
Total Parking Spaces 500
Property subtype Office
Listing Agency: Northmarq - LA
Listed By: Bryan Ley · License #1458927
Source: Crexi
Added: Apr 12 Changed: Aug 8 Last Checked: Jul 23 at 5:23PM

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 Northmarq - LA

Investment Insights

Based on property information with market context.

The offering includes a 1,500-stall parking garage with 35,394 square feet of boutique creative office space and ground-floor retail. The property is presented as supporting medical uses and food services.

Located in the core of Downtown Los Angeles, the garage serves as an outlet to a parking-constrained market, positioned within a five-block radius that includes 12,000,000 SF of Class A office.

As described, the on-site parking supply is limited relative to nearby office inventory, contributing to the property’s role in meeting daily downtown parking demand.

Key Highlights

  • 100% fee simple offering at 990 West 8th Street in Downtown Los Angeles
  • 1,500‑stall parking garage supporting a parking‑constrained downtown market
  • 35,394 SF of boutique creative office and ground‑floor retail

Property Analytics

Current Use

Honey (Bike/Boat/Book/etc) Store Joe’s Auto Parks Parking Lot & Garage misson school transportation Logistics Company SIXT Rent a Car ... Car Rental Facility

Suggested Use

Top Pick Pet Grooming Service Adult Day Care Veterinary Clinic Buffet Tanning Salon Butcher

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

Location Intelligence

Trade Area within ½ mile

21,427
Businesses Nearby

Demographics for 90017, CA

27,295
Population
15,953
Households
1.7
Avg Household Size
33
Median Age
36%
College-Educated
72%
High-School Grad
0.7 sq mi
ZIP Area
38,993
Density / Sq Mi
$51,317
Median Household Income
$35,076
Median Earnings
$1,669
Median Rent
$675,500
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 - 100% fee simple offering anchored by a 1,500-stall parking garage with boutique creative office and ground-floor retail.
Where is this office building located?
The property is located at 990 W 8th Street Los Angeles, CA.
What are key features of this property?
This property features: 100% fee simple offering at 990 West 8th Street in Downtown Los Angeles; 1,500‑stall parking garage supporting a parking‑constrained downtown market; 35,394 SF of boutique creative office and ground‑floor retail
More about this property
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