HILL STREET STORAGE

LOS ANGELES, CA

ACCESS MATERIALS

HILL STREET STORAGE

LOS ANGELES, CA

ADDRESS 900-912 S HILL STREET
RSF 102,266
CITY LOS ANGELES
UNITS 1,177
STATE CALIFORNIA

OVERVIEW

Versal is pleased to present Hill Street Storage (the “Property”), a dynamic self storage development opportunity in the bustling heart of Downtown Los Angeles, California. The property is currently under application for a building permit. The Property was originally constructed as a parking structure and is now poised to realize its highest and best use via conversion to self storage.

INVESTMENT HIGHLIGHTS

Hard corner location in the heart of DTLA

One of the most densely populated trade areas in the United States

Extremely low supply ratio of 3.28 SF per capita

Immediate trade area includes Financial District, Fashion District, Arts District, California Market Center, USC, Crypto.com Arena, FIDM, Apple Tower Theatre

Architecturally significant façade with transferable Mills Act designation providing favorable property tax incentives