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1144 S Hope St

Downtown Los Angeles, Los Angeles, CA
Floors
1
Total Size
7,800 sqft
Lot Size
0 acres
Year Constructed
1908
Year Renovated
1991

About 1144 S Hope St

Located in an unbeatable area of the South Park neighborhood of Los Angeles, this historic building has an address of 1144 South Hope Street. The 1-story structure was built in 1908 and contains approximately 7,800 square feet of rentable office space or multi-use commercial space.

The ceilings within this commercial building rise to a height of 14 feet, and this allows plenty of space for any desired use. A complete remodel of the property was completed in 1991, and this means modern businesses are fully accommodated.

There are ornate metal gates blocking the multiple front entrances of 1144 South Hope Street, to add another layer of safety to the property. With two separate entrances on the front facade and access to the heart of the building via a roll-up door, there is no confusion for customers.

Additional features of this property include another roll-up door for deliveries, some covered onsite parking and plenty of space for signage on the facade. The building has a great location that is near all of the local freeways, within walking distance of public transportation and just steps from entertainment and amenities in the area.

Thin strips of natural stone cover the facade of 1144 South Hope Street until the tops of the windows. Above this point, a textures panel of white concrete extends up to the roof line.

Internet Providers for 1144 S Hope St

Provider Technology Max Download Speed Max Upload Speed
TIME WARNER CABLE Cable
100 Mb/s
6 Mb/s
Sonic.net DSL
50 Mb/s
3 Mb/s
Megapath DSL
50 Mb/s
50 Mb/s
AT&T California DSL
25 Mb/s
1.5 Mb/s

The Neighborhood: Downtown Los Angeles

The typical asking rate per listing is in the $40's per square foot per year. The Downtown Los Angeles submarket is seeing a decline in rates. In the last 3 months, the median rate fell $6 per sqft per year. That's a 13% decrease in rent.

Compared to the rest of the Metropolitan Los Angeles market, the Downtown Los Angeles region has greater rates, and you'll need to pay a premium to be in this hot submarket.

Median Rate Median Size
Downtown Los Angeles $36
/sqft/yr
3,210
sqft
Median Rate Median Size
Metropolitan Los Angeles $32
/sqft/yr
2,210
sqft

Median Rate over Time in Downtown Los Angeles