The Western Pacific
1031 South Broadway, Los Angeles, CA 90015
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- Property Type Office - Creative Office
- Property Size 250,000 SF
- Lot Size 0.52 Acre
- Parking Spaces Avail. 100
- Parking Ratio 0.40/ 1,000 SF
- Property Tenancy Multi-Tenant
- Building Class B
- Year Built 1925
- City Los Angeles, CA
- Neighborhood Downtown Los Angeles
- Zip Code 90015
- Market Los Angeles
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Average Actual Rents in Los Angeles
Average rents use actual signed leases, aggregated for your specific search area and asset type with Yardi Market Insight. Be confident your price is competitive, with CommercialEdge.
Asking Rents in Los Angeles Office Market
Office rental rates are based on aggregated data of asking rates.
- 2020 Avg. Asking Rent $42.41
- 2020 Office Vacancy Rate 12.35%
- 2020 Office Completions (SF) 1,087,539
Los Angeles Office Sales Trends
All sale prices are based on publicly recorded, verified sales.
- 2020 Avg. Price per SF $403.45
- Y-o-Y Avg. PpSF Change -17.20%
- 2020 Office Sales Volume $1.6B
- 2020 Number of Transactions 12
- Property Tax in 2021-2022 $603,041
- Market Value* $51,313,874
- Assessed Value $51,313,874
Find more tax info, including assessment history and abatements, on CommercialEdge
*The displayed market value represents the assessed value determined by the appropriate local tax/financial authority. It is not the property’s latest sale price or a current market value based on recent area sales.
Frequently Asked Questions
What is the total square footage of The Western Pacific?
The Western Pacific totals 250,000 square feet.
When was this property built?
The Western Pacific was built in 1925.
When was The Western Pacific last sold?
The Western Pacific was last sold on 25 Apr, 2016.
What is the property tax for The Western Pacific?
The property tax for The Western Pacific in 2021-2022 was $603,041.
What is the market value for The Western Pacific?
The market value* for The Western Pacific in 2021-2022 was $51,313,874.
*This represents the market value determined by the appropriate local tax/financial authority, and not the latest sale price or current market value based on recent sales.
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