23rd& Hill
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23rd& Hill
3 Office Properties in Los Angeles, CA
EXECUTIVE SUMMARY
Newmark, as the exclusive advisor to the Owner, is pleased to present for sale a 100% fee simple four parcel acquisition opportunity totaling approximately 26,500 SF of buildings, 39,460 SF of land and located at the rare five (5) way intersection corner of Hill Street and Olive Street in Los Angeles, California (the “Subject Site”). Currently a Multi-tenant occupied property, this offering provides tremendous opportunity for a Transit-Oriented Mixed-Use development or a reposition of the existing structures to a creative office campus. The Subject Site is located less than 1,500 feet from two transit rail stops. The Expo Rail Line station at 23rd Street and Flower Street, which connects Downtown LA to Santa Monica as well as the Crenshaw/LAX Line. The second transit rail stop is the Metro Blue Line connecting Long Beach to Downtown Los Angeles.
PROPERTY FACTS
| Sale Type | Investment | Individually For Sale | 0 |
| Status | Active | Total Building Size | 26,500 SF |
| Number of Properties | 3 | Total Land Area | 0.90 AC |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 3 |
| Individually For Sale | 0 |
| Total Building Size | 26,500 SF |
| Total Land Area | 0.90 AC |
PROPERTIES
| PROPERTY NAME / ADDRESS | PROPERTY TYPE | SIZE | YEAR BUILT | INDIVIDUAL PRICE |
|---|---|---|---|---|
| 2301 S Hill St, Los Angeles, CA 90007 | Office | 12,759 SF | 2023 | - |
| 2315 S Hill St, Los Angeles, CA 90007 | Office | 6,120 SF | 2023 | - |
| 219-223 W 24th St, Los Angeles, CA 90007 | Office | 7,621 SF | 2023 | - |
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23rd& Hill
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