Listed by Avison Young - Downtown Los Angeles, Avison Young - West Los Angeles
Unpriced
The Merritt
Details
Property Type Office
Sub Type Executive Office
Net Rentable (SqFt) 56,795
Year Built 1915
Buildings 1
Stories 9
Acreage 0.160
Office
Marketing description
The building was designed by Reid & Reid, who were also the architects for Hotel del Coronado and Bay Area landmarks, like the Fairmont Hotel, the Call/Spreckles building, amongst other architectural gems.
Investment highlights
- A location along one of the most prestigious retail corridors in Los Angeles – at the northwest corner of Broadway and 8th Streets
- Nine stories, including 8,500 rentable-square feet (“RSF”) of retail, and 47,692/RSF of commercial offices on the 2nd - 9th floors of the building – for a total of 56,795 RSF
- Complete details on the above are available through owner’s virtual due-diligence room (which can be accessed through an accompanying confidentiality-agreement)
- Now open! Adidas Originals Flagship is an experiential venue on the ground and lower level floors – 8,500 RSF in total
- Each commercial-office floor offers between ~5,400 - 6,800 RSF: providing full-floor identity and maximum flexibility to owner-users and/or third-party office users alike
- The entire base building electrical/mechanical and seismic systems have been recently replaced to meet high commercial-building standards
Listing Contacts
Listed by Avison Young - Downtown Los Angeles, Avison Young - West Los Angeles
Valuation Calculator
Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
Loan Amount
$--
Annual Debt Service
$--
$--
Annual Cash Flow
$--
$--
Valuation Metrics
0
DSCR
--
Cap Rate
--
ROI
Map
Broker Selected Comps View More Comps
Property History
Similar Properties
Is there information that looks off?








