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417 S Hill St 144,264 SF 100% Leased Office Building Los Angeles, CA 90013 For Sale
EXECUTIVE SUMMARY
Kidder Mathews and Pacifica Capital are pleased to present a unique opportunity to acquire approximately 144,000 square feet in the Iconic Subway Terminal Building in Downtown Los Angeles. The property consists of a three-level commercial condominium on the ground floor and two subsequent subterranean levels as follows: Ground Level Floor - 36,499 SF, Lower Level One Floor – 58,208 SF, Lower Level Two Floor – 49,557 SF
The property provides an excellent opportunity for an owner user or investor to reposition the space into a wide range of uses including, storage, retail, museum, food hall or other specialty uses.
Property Highlights:
Excellent opportunity for an owner user or investor to reposition the space into a wide range of uses including, storage, retail, museum, food hall or other specialty uses.
Situated in the epicenter of Downtown Los Angeles within close proximity to renowned art museums, cutting-edge restaurants & hip bars.
Located at 4th and Hill Street, across from the MTA Pershing Square station.
Located at the Subway Terminal Building, currently Metro 417 a luxury 277-unit apartment community.
Ample offsite parking which includes Pershing Square Garage across the street.
The property provides an excellent opportunity for an owner user or investor to reposition the space into a wide range of uses including, storage, retail, museum, food hall or other specialty uses.
Property Highlights:
Excellent opportunity for an owner user or investor to reposition the space into a wide range of uses including, storage, retail, museum, food hall or other specialty uses.
Situated in the epicenter of Downtown Los Angeles within close proximity to renowned art museums, cutting-edge restaurants & hip bars.
Located at 4th and Hill Street, across from the MTA Pershing Square station.
Located at the Subway Terminal Building, currently Metro 417 a luxury 277-unit apartment community.
Ample offsite parking which includes Pershing Square Garage across the street.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Office
Building Size
144,264 SF
Building Class
B
Year Built/Renovated
1926/2024
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
48,071 SF
Building FAR
1.99
Lot Size
1.66 AC
Zoning
C2-4D - City of Los Angeles - Commercial Zone, Limited District 4
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Walk Score®
Walker's Paradise (98)
Transit Score®
Rider's Paradise (100)
Bike Score®
Very Bikeable (75)
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $20,949,896 CAD | |
| Land Assessment | $8,971,773 CAD | Total Assessment | $29,921,669 CAD |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$8,971,773 CAD
Improvements Assessment
$20,949,896 CAD
Total Assessment
$29,921,669 CAD
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417 S Hill St
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