You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
Back to Search
Property profile & analytics
OFF-MARKET
Office Spaces

448 Hill St Los Angeles, CA 90013

153,000 SF Built 1924
Property ID
Property summary
AI-generated overview

The Pershing Square Building, a magnificently restored 16-story high-rise (153,000 total square feet) at 448 S Hill Street in Downtown LA's vibrant submarket, offers a unique blend of historic charm and modern convenience. Built in 1924 and renovated in 2007, this Class B building provides flexible office spaces ranging from 99 to 11,603 square feet, with a minimum divisible space of 1,134 square feet and a maximum contiguous space of 10,200 square feet. The building boasts four modernized historic elevators, operable windows, and on-site property management. Tenants enjoy exclusive daytime access to a rooftop deck with complimentary Wi-Fi and 360-degree city views before the public opening of Perch Rooftop Restaurant & Bar, which, along with Mrs. Fish Restaurant & Bar, are located within the building. A newly remodeled tenant lounge (with Wi-Fi and complimentary coffee/espresso) is also available. The building's central location, near a Metro stop and major freeways, offers easy access to the Civic Center, Historic Core, and numerous dining and entertainment options. The building sits on a 54,150-acre lot and offers innovative work experiences in tenant-ready creative office suites. A VIP tenant discount is available at the on-site restaurants.

Property profile
Verified
Property type Office Spaces
Year built 1924
Total area 153,000 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Mrs. Fish Restaurant
  • The Noon Company (Bike/Boat/Book/etc) Store Corporate Office
  • Institute For the Development Association Or Organization
  • Bar Thirteen Bar & Pub
  • DHE Corporation General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 448 Hill St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message