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The Merritt Building 761 S Broadway 56,795 SF 19% Leased 4-Star Office Building Los Angeles, CA 90014 For Sale
Investment Highlights
- Historic nine-story office building with modern infrastructure upgrades completed in 2022.
- Full-floor office layouts offering identity, skylights, and flexible configurations for tenants.
- Proximity to multiple Metro lines, bus routes, and prominent city attractions.
- Total building size of ±56,795 SF, including an occupied 8,500 SF ground-floor flagship retail space.
- Prime Downtown Los Angeles location at Broadway and 8th Street, within a thriving cultural and commercial corridor.
- Significant leasing upside with 19% occupancy, ideal for value-add investors or owner-users.
Executive Summary
The Merritt Building at 761 S Broadway offers a rare opportunity to secure a historic and modernized office property in one of Downtown Los Angeles’ most dynamic districts. Spanning approximately 56,795 square feet across nine floors, this 4-Star building recently underwent significant upgrades, including new base building systems for electrical, mechanical, and seismic compliance. The original architectural design by Reid & Reid retains its historic appeal while seamlessly integrating contemporary amenities, making it an attractive asset for investors or owner-users.
Located at the high-visibility corner of Broadway and 8th Street, the building commands a strong presence in Los Angeles’ revitalized Historic Core. The ground and lower levels feature an 8,500-square-foot flagship retail space currently occupied by Adidas Originals, reinforcing the property’s retail strength. Upper floors, ranging from approximately 5,400 to 6,800 square feet, are thoughtfully designed to provide full-floor identity, open floor plans, and abundant natural light for creative and professional office users.
Surrounded by thriving hospitality, dining, and cultural attractions, the property benefits from exceptional walkability, access to major transit systems, and proximity to key entertainment hubs like the Orpheum Theatre and Grand Central Market. This asset presents significant upside through lease-up of recently renovated office floors within the heart of a dynamic, growth-oriented market.
Located at the high-visibility corner of Broadway and 8th Street, the building commands a strong presence in Los Angeles’ revitalized Historic Core. The ground and lower levels feature an 8,500-square-foot flagship retail space currently occupied by Adidas Originals, reinforcing the property’s retail strength. Upper floors, ranging from approximately 5,400 to 6,800 square feet, are thoughtfully designed to provide full-floor identity, open floor plans, and abundant natural light for creative and professional office users.
Surrounded by thriving hospitality, dining, and cultural attractions, the property benefits from exceptional walkability, access to major transit systems, and proximity to key entertainment hubs like the Orpheum Theatre and Grand Central Market. This asset presents significant upside through lease-up of recently renovated office floors within the heart of a dynamic, growth-oriented market.
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Office/Residential
Building Size
56,795 SF
Building Class
A
LoopNet Rating
4 Star
Year Built/Renovated
1915/2022
Percent Leased
19%
Tenancy
Multiple
Building Height
9 Stories
Typical Floor Size
6,311 SF
Building FAR
8.15
Lot Size
0.16 AC
Zoning
C5-4 - Commercial
Amenities
- Bus Line
- Signage
- Skylights
- Outdoor Seating
Space Availability
- Space
- Size
- Space Use
- Build-Out
- Available
- 2nd Floor
- 6,000 SF
- Office
- Full Build-Out
- Now
- 3rd Floor
- 6,000 SF
- Office
- Full Build-Out
- Now
- 4th Floor
- 5,480 SF
- Office
- Full Build-Out
- Now
- 5th Floor
- 5,485 SF
- Office
- Full Build-Out
- Now
- 6th Floor
- 5,483 SF
- Office
- Full Build-Out
- Now
- 7th Floor
- 5,483 SF
- Office
- Full Build-Out
- Now
- 8th Floor
- 5,483-6,000 SF
- Office
- Full Build-Out
- Now
- 9th Floor
- 5,843 SF
- Office
- Full Build-Out
- Now
| Space | Size | Space Use | Build-Out | Available |
| 2nd Floor | 6,000 SF | Office | Full Build-Out | Now |
| 3rd Floor | 6,000 SF | Office | Full Build-Out | Now |
| 4th Floor | 5,480 SF | Office | Full Build-Out | Now |
| 5th Floor | 5,485 SF | Office | Full Build-Out | Now |
| 6th Floor | 5,483 SF | Office | Full Build-Out | Now |
| 7th Floor | 5,483 SF | Office | Full Build-Out | Now |
| 8th Floor | 5,483-6,000 SF | Office | Full Build-Out | Now |
| 9th Floor | 5,843 SF | Office | Full Build-Out | Now |
2nd Floor
| Size |
| 6,000 SF |
| Space Use |
| Office |
| Build-Out |
| Full Build-Out |
| Available |
| Now |
3rd Floor
| Size |
| 6,000 SF |
| Space Use |
| Office |
| Build-Out |
| Full Build-Out |
| Available |
| Now |
4th Floor
| Size |
| 5,480 SF |
| Space Use |
| Office |
| Build-Out |
| Full Build-Out |
| Available |
| Now |
5th Floor
| Size |
| 5,485 SF |
| Space Use |
| Office |
| Build-Out |
| Full Build-Out |
| Available |
| Now |
6th Floor
| Size |
| 5,483 SF |
| Space Use |
| Office |
| Build-Out |
| Full Build-Out |
| Available |
| Now |
7th Floor
| Size |
| 5,483 SF |
| Space Use |
| Office |
| Build-Out |
| Full Build-Out |
| Available |
| Now |
8th Floor
| Size |
| 5,483-6,000 SF |
| Space Use |
| Office |
| Build-Out |
| Full Build-Out |
| Available |
| Now |
9th Floor
| Size |
| 5,843 SF |
| Space Use |
| Office |
| Build-Out |
| Full Build-Out |
| Available |
| Now |
Exceptionally walkable
100/100
Moderately drivable
70/100
Exceptional public transit
100/100
Very bikeable
80/100
Property Taxes
| Parcel Number | 5144-014-027 | Improvements Assessment | $31,521,514 CAD |
| Land Assessment | $6,304,301 CAD | Total Assessment | $37,825,815 CAD |
Property Taxes
Parcel Number
5144-014-027
Land Assessment
$6,304,301 CAD
Improvements Assessment
$31,521,514 CAD
Total Assessment
$37,825,815 CAD
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The Merritt Building | 761 S Broadway
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