1401 W 8th St | Los Angeles, CA 90017
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- LoopNet Team
1401 W 8th St
Los Angeles, CA 90017
U.S. Social Security Administration · Office Property For Sale
INVESTMENT HIGHLIGHTS
- Lease guaranteed by U.S. Federal Government, featuring an Aaa credit rating and unrivaled income security
- Located in Downtown Los Angeles, walking distance to LA Live
- Over $1.85 million in new tenant improvement funded by SSA, demonstrating significant tenant investment in the facility
- First-generation lease for new 20-year term (15 years firm, with no termination rights), occupied by U.S. Social Security Administration
- Comprehensive redevelopment-to-suit for Social Security, with completion in December 2022, constructed to meet specific requirements of the tenant
- Los Angeles is the second largest city in the United States, with over 3.85 million residents
PROPERTY FACTS
Property Type
Office
Building Size
16,545 SF
Building Class
B
Year Built/Renovated
1933/2022
Tenancy
Single
Building Height
1 Story
Typical Floor Size
16,545 SF
Building FAR
1.00
Lot Size
0.38 AC
Zoning
LAC2 - Neighborhood Commercial
AMENITIES
- Bus Line
PROPERTY TAXES
| Parcel Number | 5142-021-008 | Improvements Assessment | $1,834,828 |
| Land Assessment | $4,987,677 | Total Assessment | $6,822,505 |
PROPERTY TAXES
Parcel Number
5142-021-008
Land Assessment
$4,987,677
Improvements Assessment
$1,834,828
Total Assessment
$6,822,505
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