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    Property profile & analytics

    550 Hill St Los Angeles, CA 90013

    • Office buildings
    • 399,256 SF
    • 1.11 lot acres
    For Lease
    View listing
    Value Estimation
    Location Intelligence
    Property ID
    US10-0455088
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • ReeLand Investments / Real Estate Agency
    • Express refrigeration/ heating and air / Air Conditioning Repair Service / Air Conditioning Contractor
    • Golden State Jewelry / Wholesale Jeweler / Jewelry Designer
    • Wonder Jewelers / Jeweler / Diamond Buyer
    • Laras Jewelry / Jewelry Store / Diamond Dealer

    Property Details for 550 Hill St

    Year built
    1981
    Construction
    STEEL FRAME
    Lot size
    1.11 lot acres
    Property size
    399,256 SF
    Zone code
    LAC5
    Property type
    Office buildings
    APN
    5149-032-019
    APU
    5149032019

    Description

    This exceptional 13,000 square foot executive office space at 550 S Hill St, Los Angeles, CA 90013, offers two available suites, each a minimum of 6,500 square feet. Located in the heart of Downtown Los Angeles, directly across from Pershing Square, this property boasts an enviable location within the International Jewelry Center, the largest jewelry building west of the Mississippi. The space features impressive 18-foot ceilings and wrap-around window frontage, maximizing natural light and providing exceptional visibility. An exclusive open-air patio adds to the property's appeal. The building is surrounded by a thriving retail and wholesale jewelry community, with over 400 businesses operating within. The high pedestrian traffic and proximity to numerous hotels, residential developments, and renowned restaurants make this a truly exceptional opportunity. The property is easily accessible via street parking and nearby metro stations. This flagship location presents a unique chance to establish a prominent presence in one of Los Angeles' most dynamic areas. The building is situated in Los Angeles County and offers a total of 13,000 square feet with a maximum contiguous space of 6,500 square feet. Currently, the entire 13,000 square feet is vacant and ready for immediate occupancy.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Los Angeles
    County
    Los Angeles
    State
    California
    Longitude
    -118.252
    Latitude
    34.0476
    CBSA code
    31080
    CBSA name
    LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $1,146,752
    $11,362,640
    $77,013,498
    $88,376,138
    -
    $0.00
    $0.00
    $0.00

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    Los Angeles, CA 90013
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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
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