728 South Hill Street, Los Angeles, CA 90014
wE HAVE VACANCIES IN THIS PROPERTY!
Property Type: Office
Rentable Area: 91,520 sf
Total Site Area: 17,574 sf
Year Built: 1924
Number of Stories: 14
This property is situated at the east side of Hill Street, just south of 7th Street in downtown Los Angeles, California. It is a fourteen-story building constructed in 1928 and was renovated in year 2001 to 2004 for conversion to a jewelry manufacturing building from 2nd floor to 14th floor. The ground floor is used for retail purposes – restaurant and jewelry related merchandise. A wastewater treatment system in the basement and a ventilation exhaust system were built to comply with the city requirement for a jewelry manufacturing.
The two (2) passenger elevators were modernized in year 2006. The building has its own surveillance cameras with digital recording and an alarm system.
Location: It is located on Hill Street in the heart of the financial and cultural center of Los Angeles.
Cross Streets: Hill Street and 7th/8th street
- Our facility benefits from a good location.
- Good freeway frontage
- Easy access in and out of the property
- Located in the Downtown core on Hill Street next to Whole Foods, 801 Broadway, Bottega Louie, and the approved street car.
The main pedestrian access to the lobby is on Hill Street.
The Property is located on several RTD bus routes including the DASH, and it is located directly adjacent to the approved Streetcar route. The site offers direct access to the 6th Street off-ramp and the 8th Street on-ramp of the I-110 Freeway.
The Pershing Square Metro Center is two blocks away, connecting to all of Southern California through the MTA and AMTRAK Rail lines.
What do we offer
728 South Hill Street is a premier Historic Class B mid-rise office building located in the Jewelry District of Downtown Los Angeles. Standing at 14 stories tall, the Property offers a more unique and character-rich environment for its tenants. The central location offers immediate access to plenty of amenities ranging from fine dining and entertainment venues. The location is surrounded by both quick service retail and fine dining, cultural and entertainment amenities, local and regional public transportation, major freeways and an abundance of housing. The ingress/egress location relative to the on and off-ramps of the I-110 Freeway is second to none with an easy route using 6th and 8th streets.
Built in 1924, 728 South Hill Street is designed with uniquely sized floor plates with window line on all four side. This is perfect for mid-sized tenants to occupy their own full floor with a personalized elevator lobby. These types of identity opportunities are almost impossible to achieve in larger buildings. With unique features such as brick, historic facades, industrial windows and rooftop deck potential, this building is truly a unique opportunity in the Downtown Los Angeles Market. The building features floor plates that allow smaller tenants to achieve greater identity and a retail space that is perfect for a restaurant/bar. The Property is 90% occupied with most of the leases month-to-month or rolling over in the next 12 months. All leases have a go day cancellation clause providing an opportunity for an investor to capitalize.