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6510398
6510399

2 Locations

AT
CA 01766213
Colliers - Los Angeles - Downtown, California
Colliers - Los Angeles - Downtown, California
Colliers - Los Angeles - Downtown, California
Listed by Colliers - Los Angeles - Downtown, California
Unpriced
1536 days on market
Updated 84 days ago

350 Hill St, Los Angeles, CA

Details
APN 5149-015-036
Property Type Land
Sub Type Commercial
Lot Size (SqFt) 32,467
Zoning C2-4D

Land | 32,467 SF

Marketing description

OPTION 1

350 Hill is a permit-ready, 31-story mixed-use urban infill development site consisting of 428 multifamily residential units, 5,610 SF of commercial use (including an approximate 2,980-SF leasing office and up to 2,630 SF of neighborhood-serving retail). Amenities for tenants designed into the project include up to 47,151 SF of common space including a sky deck, business lounge, club room and fitness center.

Located directly over Metro’s 4th/Hill Red and Purple Line Portal, this Tier 4 TOC project has direct access to public transit and parks up to 375 cars and 512 bike stalls. The 31-story building would be 405 feet high; the architectural beacon would reach the maximum building height of 410 feet.

OPTION 2

350 Hill has the potential to pivot towards a Type III construction project for mixed use urban infill development site consisting of 178 multifamily residential units, 2,400 SF of commercial use. A yield study shows the potential amenities for tenants could include 4,300 SF of open space, and 900 SF for a club room.

This option provides developers the opportunity to construct and own a multifamily project in the heart of DTLA, without the risk and cost of Type I construction development.

Investment highlights

  • Located between Downtown L.A. Central Business District and the Historic Core on the northeast corner of 4th & Hill Street.

  • Fully-permitted; shovel-ready

  • Across from 88-story Angels Landing mixed-use hotel, residential and retail development

  • Across from 6M SF of Class A office in the Financial District

  • Hot investment area: over $2 billion of development on this block

  • Next to Grand Central Market

  • Directly above a Metro Rail transit portal

Listing Contacts

AT
CA 01766213
Colliers - Los Angeles - Downtown, California
Colliers - Los Angeles - Downtown, California
Colliers - Los Angeles - Downtown, California
Listed by Colliers - Los Angeles - Downtown, California

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