213-760-2020
761 S Broadway, Los Angeles, CA for Sale
Office/Residential - FOR SALE
1/21
null | Request Cap Rate

761 S Broadway
Los Angeles, CA 90014
Financial District


HIGHLIGHTS

  • Historic nine-story office building with modern infrastructure upgrades completed in 2022.
  • Total building size of ±56,795 SF, including an occupied 8,500 SF ground-floor flagship retail space.
  • Full-floor office layouts offering identity, skylights, and flexible configurations for tenants.
  • Prime Downtown Los Angeles location at Broadway and 8th Street, within a thriving cultural and commercial corridor.
  • Proximity to multiple Metro lines, bus routes, and prominent city attractions.
  • Significant leasing upside with 19% occupancy, ideal for value-add investors or owner-users.

OVERVIEW

The Merritt Building at 761 S Broadway offers a rare opportunity to secure a historic and modernized office property in one of Downtown Los Angeles’ most dynamic districts. Spanning approximately 56,795 square feet across nine floors, this 4-Star building recently underwent significant upgrades, including new base building systems for electrical, mechanical, and seismic compliance. The original architectural design by Reid & Reid retains its historic appeal while seamlessly integrating contemporary amenities, making it an attractive asset for investors or owner-users. Located at the high-visibility corner of Broadway and 8th Street, the building commands a strong presence in Los Angeles’ revitalized Historic Core. The ground and lower levels feature an 8,500-square-foot flagship retail space currently occupied by Adidas Originals, reinforcing the property’s retail strength. Upper floors, ranging from approximately 5,400 to 6,800 square feet, are thoughtfully designed to provide full-floor identity, open floor plans, and abundant natural light for creative and professional office users. Surrounded by thriving hospitality, dining, and cultural attractions, the property benefits from exceptional walkability, access to major transit systems, and proximity to key entertainment hubs like the Orpheum Theatre and Grand Central Market. This asset presents significant upside through lease-up of recently renovated office floors within the heart of a dynamic, growth-oriented market.

FOR SALE DETAILS

PRICE

Request Info for Price

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

The Merritt Building

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Office/Residential

TOTAL BUILDING SIZE

-

STORIES

9

BUILDING CLASS

A

YEAR BUILT

1915

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.16 AC

LAND SF

6,970 SF

ZONING

C5-4

APN/PARCEL ID

5144-014-027

ASK ABOUT THIS PROPERTY

John EichlerAvison YoungMore Info
213-760-2020

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John EichlerAvison YoungMore Info
213-760-2020

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