EY Plaza

725 South Figueroa Street presents an institutional-grade opportunity in the heart of Downtown Los Angeles. This 41-story, Class A office tower, built in 1985 and comprising 968,745 rentable square feet on a 3.94-acre site, offers a rare combination of scale and visibility along one of the city’s primary corridors. With a substantial parking inventory of 1,093 stalls (1.13/1,000 RSF), tenants benefit from unparalleled access and convenience in a market where parking is at a premium. The property’s existing occupancy of approximately 85% leaves 147,935 square feet available for new or expanding tenants, creating a clear path to lease-up and rental growth.

From an investment standpoint, 725 South Figueroa delivers a current net operating income of $9,087,876 and a weighted average lease term of 4.87 years, underpinning strong cash flow stability. In-place rents average $30.60 per square foot NNN, topping the Los Angeles market average of $25.10 per square foot, while a stabilized NOI of $18,420,353 signals significant upside as remaining vacancies are leased at market or higher rents. At an asking price of $275,000,000, investors can capitalize on an attractive value-add platform, driving revenue through mark-to-market leasing and operational enhancements.

Tenants and owner-users alike will appreciate the building’s strategic address, steps from major transit lines, freeways and downtown’s premier retail, dining and cultural venues. The tower’s prominent lobby and efficient core layout accommodate a wide range of users and suite configurations, with flexible blocks ideal for both single-floor occupancies and multi-floor headquarters. 725 South Figueroa Street represents a once-in-a-cycle chance to acquire a landmark Downtown asset with compelling fundamentals and immediate upside.