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845 South Figueroa

Off-Market

845 South Figueroa Street, Los Angeles, CA 90017

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 105,526 SF
  • Lot Size 0.67 Acre
  • Property Tenancy Owner Occupied
  • Building Class B
  • Year Built 1969

Location

  • City Los Angeles, CA
  • Neighborhood Downtown Los Angeles
  • Zip Code 90017
  • Market Los Angeles

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 13 Nov, 2012
  • 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.

  • 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
View more Los Angeles market trends

Tax

  • Market Value* $5,206,982
  • Assessed Value $5,206,982

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 845 South Figueroa?

845 South Figueroa totals 105,526 square feet.

When was this property built?

845 South Figueroa was built in 1969.

When was 845 South Figueroa last sold?

845 South Figueroa was last sold on 13 Nov, 2012.

What is the market value for 845 South Figueroa?

The market value* for 845 South Figueroa in 2021-2022 was $5,206,982.
*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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