213-460-2046
655 S Hope St, Los Angeles, CA for Rent

$42.00-$48.00 USD /SF/yr

Retail - For Rent
1/28
600-4,265 SF | 2 Spaces

655 S Hope St
Los Angeles, CA 90017
Financial District


HIGHLIGHTS

  • 701 W 7th Street offers a chance to lease a two-level retail or restaurant storefront with flexible build-out potential and existing infrastructure.
  • 655 S Hope Street presents a 600 SF underground space with direct Metro access, offering an open layout with a kitchen, restroom, and pick-up window.
  • 701 W 7th Street’s lower level is suitable for restaurants, bars, nightclubs, QSRs, or even fitness studios and community spaces.
  • 655 S Hope Street is an ideal spot for a convenience store, coffee or sandwich shop, juice bar, or kiosk, for commuters on the go.
  • Central DTLA location, walkable to nearby amenities such as Whole Foods, Bottega Louie, Jolibee, Alamo Drafthouse, LA Fitness, and Crypto.com Arena.
  • Situated at the 7th Street/Metro Center, beneath an 80-unit residential tower, it presents a built-in customer base and convenience for transit users.

OVERVIEW

701 W 7th Street | 655 S Hope Street presents an exceptional retail opportunity, featuring a two-story flagship storefront suitable for retail or restaurant use, as well as a passenger hallway space located in the core of Downtown Los Angeles. Positioned at the intersection of major transit routes, dense residential neighborhoods, and premier dining destinations, this prominent retail offering shows substantial scale, robust infrastructure, and adaptable configurations for prospective tenants. 701 W 7th Street offers approximately 4,260 square feet of retail space, previously occupied by a restaurant, and spans two levels. The first floor features an open storefront suitable for bar or restaurant seating, a rear kitchen area with a pizza oven, restrooms in build-to-suit condition, and an additional storage or freezer room. A prominent, monumental staircase serves as a focal point and leads to the upper level, which includes an open area overlooking 7th Street, a secondary bar space, and a rear office. This lower-level suite is currently delivered as a complete shell, as the previous tenant removed some interior improvements; however, most plumbing, electrical, and HVAC infrastructure remains in place and in good condition. An outdoor patio area is also included and can be used for seating or garden space. This patio may be gated with a roll-up grille at night for added security. While the space is slightly elevated from the sidewalk and accessed by a few steps at the front entrance, it maintains strong visibility. This unique retail offering at 701 W 7th Street can accommodate a wide range of uses, including a nightclub, bar, dance venue, or a national quick-service restaurant or full-service restaurant concept. Ownership is also open to repositioning the space for alternative uses such as a gym or fitness center, studio space, community event center, club or association space, or a cultural institution. The space is currently offered at a competitive rate to reflect any required updates, and terms are flexible. Additionally, a 550-square-foot secondary underground space is available, including 40 SF of storage at 655 S Hope Street, with direct Metro access. It features an open layout, in-unit restroom, and pick-up window (no hood), and previously housed Dunkin'. This exclusive space is ideal for transit-friendly uses, such as a convenience store, coffee or sandwich shop, or juice bar. Nestled beneath a 17-story, 80-unit residential high-rise, 701 W 7th Street | 655 S Hope Street benefits from a built-in customer base directly above. The property is adjacent to the 7th Street/Metro Center Station, the central transit hub connecting subways throughout the entire Los Angeles area, including a future direct connection to Los Angeles International Airport (LAX). It is positioned in a highly desirable area off 7th Street, near The Bloc shopping mall and popular dining destinations such as JOEY DTLA and Sugarfish, as well as the Sheraton Grand Los Angeles hotel. The area is seeing continued revitalization initiatives in preparation for the upcoming Olympic Games, further enhancing the neighborhood’s

RENTAL DETAILS

SPACE AVAILABLE

600-4,265 SF

# OF SPACES

2

RENT RATE (MO)

$3.50-$4.00 USD /SF/mo

RENT RATE (YR)

$42.00-$48.00 USD /SF/yr

LEASE TYPE

Triple Net

LEASE LENGTH

Negotiable

AVAILABLE

Now

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Hi-Rise

TOTAL BUILDING SIZE

116,651 SF

YEAR BUILT

1964

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.27 AC

LAND SF

11,761 SF

ZONING

LAC2

ASK ABOUT THIS PROPERTY

Sam TsaiQuality Living Services, IncMore Info
213-460-2046

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Sam TsaiQuality Living Services, IncMore Info
213-460-2046

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.