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701 S Hill St
Los Angeles, CA 90014

$65,000,000 USD

Hospitality For Sale  •  142,675 SF

Property Details

  • Property Type Hospitality
  • Total Building Size 142,675 SF
  • Lot Size 0.29 AC
  • Building Class B
  • Year Built 1929
  • Zoning C5-4D
100 Transit Score
98 Walk Score

Highlights

Strong tenant with guarantees, no leaseup risk, 125 Residential Units 100% leased.
Gorgeous historic building that was fully renovated in 2022 with brand new structural, roof, HVAC, units, lobbies, etc.
Gorgeous historic building with an excellent mix of one-, two-, and three-bedroom units.

Amenities

  • Fitness Center
  • High Speed Internet Access
  • Public Access Wifi
  • Smoke-Free
  • Fully-Equipped Kitchen

Public Transportation

Commuter RailDriveWalkDistance
Los Angeles (Coast Starlight - Amtrak, Pacific Surfliner - Amtrak, Southwest Chief - Amtrak, Texas Eagle - Amtrak) 4 min - 1.5 mi
Union Station (91 Line - Southern California Regional Rail Authority (Metrolink), Antelope Valley Line - Southern California Regional Rail Authority (Metrolink), Orange County Line - Southern California Regional Rail Authority (Metrolink), Riverside Line - Southern California Regional Rail Authority (Metrolink), San Bernardino Line - Southern California Regional Rail Authority (Metrolink), Ventura County Line - Southern California Regional Rail Authority (Metrolink)) 6 min - 1.8 mi
Transit/SubwayDriveWalkDistance
7Th Street/Metro Center Station (Blue Line - Los Angeles County Metropolitan Transportation Authority (Metro), Expo Line - Los Angeles County Metropolitan Transportation Authority (Metro), Purple Line - Los Angeles County Metropolitan Transportation Authority (Metro), Red Line - Los Angeles County Metropolitan Transportation Authority (Metro)) 0 min 5 min 0.3 mi
Pershing Square Station (Purple Line - Los Angeles County Metropolitan Transportation Authority (Metro), Red Line - Los Angeles County Metropolitan Transportation Authority (Metro)) 0 min 7 min 0.3 mi
Historic Broadway Station (Metro A-Line - Metro - Los Angeles, Metro E-Line - Metro - Los Angeles) 1 min 14 min 0.7 mi
Grand Ave Arts / Bunker Hill Station (Metro A-Line - Metro - Los Angeles, Metro E-Line - Metro - Los Angeles) 1 min 15 min 0.8 mi
Pico Station (Blue Line - Los Angeles County Metropolitan Transportation Authority (Metro), Expo Line - Los Angeles County Metropolitan Transportation Authority (Metro)) 2 min 18 min 1.0 mi
AirportDriveWalkDistance
Los Angeles International 24 min - 14.8 mi
Bob Hope 25 min - 17.6 mi
Long Beach (Daugherty Field) 30 min - 23.0 mi
Michael Shustak 213-376-3811 CBRE
Michael Shustak 213-376-3811 CBRE