Property profile

718 S Hill St Los Angeles, CA 90014

FOR SALE
Investment properties
Property ID
US09-6494241
59,434 SF 0.18 ac lot Built 1913
Entity Owned 8-yr Hold Absentee Owner ~ Est. High Equity
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For Sale
Contact for pricing 59,434 SF
718 S Hill St, Los Angeles, CA 90014
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Property summary

AI-generated overview

This exceptional Los Angeles office space, located at 718 S Hill St, 90014, offers a diverse range of flexible workspace solutions catering to various business needs. The property, situated in Los Angeles County, provides multiple tenancy options within a traditional office setting. Businesses can choose from fully furnished and equipped private offices, customizable to accommodate teams of any size, from a single person to over 100. Executive office suites with iconic views are also available. For a more collaborative environment, coworking spaces offer shared office or open-plan areas with hot-desking options. Meeting rooms of varying sizes are available for rent, equipped with Wi-Fi and presentation capabilities, suitable for informal chats or formal conferences. Virtual office options include prestigious business addresses, mail handling, and virtual assistant services, with varying levels of access to physical office space. Flexible working plans provide access to a global network of workspaces, allowing for seamless transitions between locations. The property offers a wide range of sizes, accommodating businesses of all scales. This prime location in Downtown Los Angeles provides an ideal setting for businesses seeking a modern and adaptable workspace. Inquire today to explore the various options and find the perfect fit for your business.

Property profile

Verified
Property type Investment properties
Use group STORE/OFFICE (MIXED USE)
Year built 1913
Construction TILT-UP CONCRETE
Total area 59,434 SF
Lot 0.18 ac (7,699 SF)
Zoning code LAC5
APN 5144-014-040
UPID US09-6494241

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Hotel & Motel Resort
  • (Bike/Boat/Book/etc) Store Photography Service
  • Financial Advisor
  • Bar & Pub Nightclub
  • Accounting Firm Tax Preparation

Location

718 S Hill St Los Angeles, CA 90014
Los Angeles metro Census 207303 LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$12.55M

Owner & transaction history

since 2017
7 recorded transactions
2021
Price N/A
2021
Price N/A
2021
Price N/A
2017
$14.0M
2015
$8.5M
2005
Price N/A
2005
Price N/A

Zoning & alternative use

LAC5 · Los Angeles, CA

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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