321 East 2nd Street

Off-Market

321 East 2nd Street, Los Angeles, CA 90012

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

  • Property Type Office - Government Office
  • Property Size 54,827 SF
  • Lot Size 0.25 Acre
  • Property Tenancy Single Tenant
  • Building Class B
  • Year Built 1965

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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Brokers

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Documents

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Sales

  • Purchase Date 02 Feb, 2018
  • Purchase Price
  • Arm's Length True
  • Buyer Name

Mortgages

  • Current Lender
  • Loan Amount
  • Loan Origination Date
  • Loan Maturity Date

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 ®

    96/100 Walker's Paradise

  • Transit Score ®

    100/100 Rider's Paradise

  • Bike Score ®

    82/100 Very Bikeable
Powered by Walk Score ®
  • City Los Angeles, CA
  • Neighborhood Downtown Los Angeles
  • Zip Code 90012
  • Market Los Angeles

Points of Interest

  • Civic Center/Grand Park

    0.49 miles

  • Pershing Square

    0.53 miles

  • Pershing Square

    0.57 miles

  • Union Station

    0.59 miles

  • Los Angeles Union Station

    0.60 miles

  • Pico/Aliso

    0.86 miles

  • 7th Street/Metro Center

    0.96 miles

  • Chinatown Station

    1.02 miles

  • Chinatown

    1.06 miles

  • Mariachi Plaza Metro Station Entrance

    1.26 miles

  • Valero

    0.57 miles

  • Chevron

    0.68 miles

  • Shell

    1.08 miles

  • Shell

    1.22 miles

  • Shell

    1.49 miles

  • 76

    1.52 miles

  • Shell

    1.61 miles

  • Chevron

    1.61 miles

  • Shell

    1.73 miles

  • 76

    1.74 miles

  • City of Los Angeles Lot 7

    0.18 miles

  • Centenary United Methodist Church Parking Lot

    0.28 miles

  • LUNA LOT

    0.31 miles

  • Los Angeles Times Parking Garage

    0.35 miles

  • Joe's Parking

    0.35 miles

  • SFXJCC LOT

    0.36 miles

  • Paragon Parking Inc.

    0.38 miles

  • City of Los Angeles Personnel Department, Medical Services Division

    0.39 miles

  • Broadway Spring Center

    0.41 miles

  • Beacon lot

    0.42 miles

  • Miyako Hotel

    0.06 miles

  • Little Tokyo Hotel

    0.09 miles

  • New Daimaru Hotel

    0.09 miles

  • DoubleTree by Hilton Hotel Los Angeles Downtown

    0.13 miles

  • St. George Hotel

    0.24 miles

  • Barclay Hotel

    0.37 miles

  • The Southern

    0.40 miles

  • The PodShare - Downtown Los Angeles Location

    0.42 miles

  • King Edward Hotel

    0.43 miles

  • Baltimore Hotel

    0.46 miles

  • Kagura Downtown

    0.03 miles

  • Hibachi BBQ

    0.03 miles

  • Shabu-Shabu House

    0.04 miles

  • Sushi Teri

    0.06 miles

  • Honeymee

    0.06 miles

  • Mikawaya Mochi Ice Cream

    0.06 miles

  • Maruya

    0.07 miles

  • Chinchikurin - Little Tokyo

    0.07 miles

  • Daikokuya

    0.08 miles

  • Marugame Monzo

    0.08 miles

  • DISKovery Center

    0.09 miles

  • Maryknoll School

    0.35 miles

  • L A Barber College

    0.52 miles

  • Colburn School of Performing Arts

    0.59 miles

  • Southern California Institute of Architecture

    0.62 miles

  • Ramón C. Cortines School of Visual and Performing Arts

    0.70 miles

  • Mendez Learning Center

    0.89 miles

  • UCLA Extension Downtown Los Angeles

    0.91 miles

  • Utah Elementary School

    0.94 miles

  • Ninth Street Elementary School

    0.97 miles

  • Gates Early Education Center

    2.61 miles

  • HIC Daycare

    2.95 miles

  • Ralph M. Parsons Preschool

    3.77 miles

  • Neighborhood Nursery School

    4.01 miles

  • Komitas

    4.43 miles

  • Centro de Ninos

    4.66 miles

  • Vernon Adult Day Program

    5.37 miles

  • Vine Street Early Education Center

    5.68 miles

  • Codela Pre-School

    6.82 miles

  • Top Kids Pre-School

    7.67 miles

Frequently Asked Questions

What is the total square footage of 321 East 2nd Street?

321 East 2nd Street totals 54,827 square feet.

When was this property built?

321 East 2nd Street was built in 1965.

When was 321 East 2nd Street last sold?

321 East 2nd Street was last sold on 02 Feb, 2018.

What is the market value for 321 East 2nd Street?

The market value* for 321 East 2nd Street in 2023-2024 was $18,157,301.
*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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