1500 South Los Angeles Street

Off-Market

1500 South Los Angeles Street, Los Angeles, CA 90015

This property is off-market. Unlock in-depth property data and market insights by signing up to CommercialEdge.

  • Property Type Retail - Street Retail
  • Property Size 39,455 SF
  • Lot Size 0.16 Acre
  • Property Tenancy Multi-Tenant
  • Year Built 1924

Contacts

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Owner

  • True Owner
  • Registered Owner

Tenants

Suite Name Tenant Leased
Space
Rent Price Lease
Type
Space
Type
Lease Term
370 17th Street #5500 MERRILL, (303) 446-5500 23,824 SF $23/SF/YR Modified
Gross
General
Office
11/01/2014-
N/A
370 17th Street
#6000
Morrison & Foerster,
(303) 592-1500
10,710 SF $26/SF/YR Full
Service
General
Office
08/01/2013-
07/31/2023
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Documents

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Sales

  • Purchase Date 20 May, 2015
  • Purchase Price
  • Arm's Length True
  • Buyer Name

Market Trends

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.

Current Average Rent
Net Rent
$44.3/SF/YR
Recoverables Show detailsHide details
$16.7/SF/YR
CAM
$3.54/SF/YR
Insurance
$0.59/SF/YR
Taxes
$9.52/SF/YR
Utilities
$1.76/SF/YR
Management Fees
$1.3/SF/YR
Total Rent
$61/SF/YR
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Occupancy & Leasing Activity
Occupancy
83.5%
Lease Spread
-20.5%
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Asking Rents in Los Angeles Office Market

Office rental rates are based on aggregated data of asking rates.

  • 2022 Avg. Asking Rent $51.71
  • 2022 Office Vacancy Rate 15.62%
  • 2022 Office Completions (SF) 1,443,212

Los Angeles Office Sales Trends

All sale prices are based on publicly recorded, verified sales.

  • 2022 Avg. Price per SF $508.07
  • Y-o-Y Avg. PpSF Change 4.89%
  • 2022 Office Sales Volume $717.9M
  • 2022 Number of Transactions 16
View more Los Angeles market trends

Location

Getting Around

  • Walk Score ®

    88/100 Very Walkable
  • Transit Score ®

    95/100 Rider's Paradise
  • Bike Score ®

    82/100 Very Bikeable
Powered by Walk Score ®
  • City Los Angeles, CA
  • Neighborhood Downtown Los Angeles
  • Zip Code 90015
  • Market Los Angeles

Points of Interest

  • Grand/LATTC

    0.48 miles

  • San Pedro Street

    0.52 miles

  • Pico

    0.59 miles

  • LATTC/Ortho Institute

    0.79 miles

  • 7th Street/Metro Center

    1.04 miles

  • Pershing Square

    1.16 miles

  • Jefferson/USC

    1.26 miles

  • Pershing Square

    1.32 miles

  • Washington

    1.37 miles

  • Civic Center/Grand Park

    1.65 miles

  • Chevron

    0.07 miles

  • Chrevron

    0.44 miles

  • Shell

    0.67 miles

  • Shell

    0.82 miles

  • Shall Gas

    0.86 miles

  • 76

    1.06 miles

  • 76

    1.33 miles

  • Arco

    1.35 miles

  • Chevron

    1.40 miles

  • Valero

    1.42 miles

  • Grand Avenue Garage

    0.32 miles

  • Venice Parking Garage

    0.66 miles

  • Joe's Parking

    0.68 miles

  • Public Parking

    0.75 miles

  • Unified Parking Service Inc.

    0.77 miles

  • The Metropolitan Apartments Parking Garage

    0.79 miles

  • Southern California Flower Market Parking Garage

    0.81 miles

  • Nino Ferretti

    0.82 miles

  • West Garage

    0.93 miles

  • LA Merchandise Mart

    0.95 miles

  • Jack in the Box

    0.19 miles

  • First Draft Taproom & Kitchen

    0.37 miles

  • Rossoblu

    0.43 miles

  • DAMA

    0.46 miles

  • Little Caesars

    0.47 miles

  • Hill Grill

    0.49 miles

  • Pine and Crane DTLA

    0.52 miles

  • Dune Downtown

    0.56 miles

  • Cosmo Plaza

    0.56 miles

  • DTLA Ramen

    0.56 miles

  • L.A. Live

    0.82 miles

  • Ralphs

    0.84 miles

  • Ross

    0.87 miles

  • Whole Foods Market

    0.88 miles

  • Burlington

    0.94 miles

  • Smart & Final

    0.97 miles

  • Macy's

    0.97 miles

  • The Bloc

    0.98 miles

  • DRT LAX10

    0.99 miles

  • Los Angeles Jewelry center

    1.01 miles

Frequently Asked Questions

What is the total square footage of 1500 South Los Angeles Street?

1500 South Los Angeles Street totals 39,455 square feet.

When was this property built?

1500 South Los Angeles Street was built in 1924.

When was 1500 South Los Angeles Street last sold?

1500 South Los Angeles Street was last sold on 20 May, 2015.

What is the market value for 1500 South Los Angeles Street?

The market value* for 1500 South Los Angeles Street in 2023-2024 was $5,090,185.
*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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