Great Western Building - Office Space Availability

For Lease$33/Sqft/Year See below for details.

706 South Hill Street, Los Angeles, CA 90014

  • Office
  • General Office
  • 5,022 Sqft

Great Western Building, Los Angeles, CA 90014 - Office Space for rent

Great Western Building is located at 706 South Hill Street in the Downtown Los Angeles neighborhood, CA, Los Angeles, 90014. The Class B Office building was completed in 1927 and features a total of 66,900 Sqft. There is 1 Office space available for lease at 706 South Hill Street, Los Angeles, CA, 90014, totaling 5,022 Sqft. The largest space available has 5,022 Sqft and a rental rate of $33/Sqft/Year.

There are 973 office spaces for lease in the Downtown Los Angeles neighborhood, totaling 8,972,687.03 Sqft of available office space. The office space availability for the 90014 zip code is 1,531,080.03 Sqft, in 196 office spaces. The average asking office rent per sq. ft. in Downtown Los Angeles is $34.68/sqft/year. For Class A+ office buildings the average office rate is $36.57/sqft/year, for Class A office buildings the average office rate is $39.53/sqft/year, for Class B office buildings the average office rate is $33.95/sqft/year, for Class C office buildings the average office rate is $25.14/sqft/year.

In Downtown Los Angeles, there are 121 class B office buildings. In Downtown Los Angeles, there are a total of 27 LEED certified office buildings. In 1927, the same year Great Western Building was built, 9 more commercial properties (office, industrial, retail) over 50,000 square feet were built in Los Angeles, featuring 1,589,878 square feet of commercial space. At zip code level, there are 60 commercial properties, of which 44 are office buildings over 50,000 square feet.

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Details

  • Price $33/Sqft/Year
  • City Los Angeles
  • Neighborhood Downtown Los Angeles
  • Zip Code 90014
  • Market Los Angeles
  • Property Type Office - General Office
  • Property Size 66,900 Sqft
  • Lot Size 0.13 Acre
  • Parking Spaces Avail. 126
  • Parking Ratio 1.89/ 1,000 SF
  • Property Tenancy Multi-Tenant
  • Building Class B
  • Year Built 1927
  • Date Updated 13 Aug, 2020

Looking for more in-depth information on this property? Find property characteristics, ownership, tenant details, local market insights and more. Unlock data on CommercialEdge.com.

Availability

Suite Name Space Type Lease Rate Space Available
6th Floor General Office $33/Sqft/Year 5,022 Sqft
  • Suite 6th Floor
  • Space Type General Office
  • Total Space Available 5,022 Sqft
  • Floor 6 to 6
  • Divisible Space No
  • Min Divisible 5,022 Sqft
  • Max Contiguous 5,022 Sqft
  • Lease Rate $33/Sqft/Year
  • Possession Type Immediate
  • Lease Type Modified Gross
  • Call For Terms Yes
  • Renewal Option Yes
  • Sub Lease No

Exclusive Brokers

Christopher Esparza Is this you?

Robhana Group

(213) 683-8000

FREQUENTLY ASKED QUESTIONS

How many office spaces are available at Great Western Building?

There is currently 1 office space in this building.

What is the largest space available at Great Western Building?

Currently, the largest rentable space at Great Western Building totals 5,022 square feet.

What is the lease rate of the largest space available?

The monthly lease rate for the largest space available at Great Western Building is $33/Sqft/Year$ per square foot.

What is the total square footage of Great Western Building?

Great Western Building totals 66,900 square feet.

When was this property built?

Great Western Building was built in 1927.

Downtown Los Angeles Demographics

The average household income in zip code 90014 is $67,824, from a total of 5,644 households. In terms of employment, there are 94.60 % white-collar and 5.40 % blue-collar jobs in zip code 90014.

Population

  • Total Population59,180
  • Male Population(58.0 %) 34,314
  • Female Population(42.0 %) 24,867
  • Median Age39.20

Income/Financial

  • Average Household Income$64,869
  • Median Household Income$40,641
  • Median Income Under 25$31,755
  • Median Income 25-44$73,971
  • Median Income 45-64$26,544
  • Median Income Over 65$13,466

Leasing Contact Register now to add listings

Christopher Esparza Is this you?

Robhana Group

(213) 683-8000

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