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Property profile & analytics
FOR LEASE
Office buildings

550 South Hill St Los Angeles, CA 90013

399,256 SF 1.11 ac lot Built 1981
Entity Owned 6-yr Hold Free & Clear
Property ID
US10-0455088
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING (MULTI-STORY)
Year built 1981
Construction STEEL FRAME
Total area 399,256 SF
Lot 1.11 ac (48,505 SF)
Zoning code LAC5
APN 5149-032-019
UPID US10-0455088
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
  • ReeLand Investments Real Estate Agency
  • Express refrigeration/ heating and air Hardware & Home Improvement HVAC Service
  • Golden State Jewelry Big Box & Wholesale Store
  • Wonder Jewelers (Bike/Boat/Book/etc) Store
  • Laras Jewelry (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$5.77M
Owner & transaction history
Idc Managing Member Tic LLC · 6 yrs held
Idc Managing Member Tic LLC
since 2019
7 recorded transactions
2019
Price N/A
2017
Price N/A
2007
Price N/A
2004
Price N/A
1996
Price N/A
1994
Price N/A
1969
Price N/A
Zoning & alternative use
LAC5 · Los Angeles, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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