Los Angeles County  »  90071  »  S Flower St  »  550 S Flower St

550 South Flower Street, Los Angeles, CA 90071 - Property report

Also known as: 550 S Flower St

Property image for 550 South Flower Street, Los Angeles, CA 90071
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Property type

Hotel - 50 Rooms and Over - One Story (1810)

Year built

1956

Acreage

0.436

Sale price

$92,000,000

General Information

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Access up-to-date information from property owner names to sales history, deeds, tax info, mortgages, development data, planimetric maps and more.

Address
Primary address
550 S Flower St
Los Angeles, CA 90071
Zip code
90071
Neighborhood
Downtown Los Angeles
County
Los Angeles
Municipality
Los Angeles

Owner

Find out who owns 550 South Flower Street, Los Angeles, CA 90071. Uncover corporate and individual owners with a free account.

Building
Property type
Hotel - 50 Rooms and Over - One Story
Building sq. ft.
172,197
Buildings on lot
1
Stories
1
Year built
1956
Last altered
2003
Sales
Sale date
04/21/2008
Sale price
$92,000,000
Arm's length
Tax
Tax year
2026-2027
Property tax
$1,298,149
Zoning & use
Zoning
Units
207
Lot
Acreage
0.436

Area overview

Walk score
99 /100.  Walker's Paradise
Transit score
100 /100.  Rider's Paradise
Bike score
78 /100.  Very Bikeable
School district
Los Angeles Unified School District
Weed hazard
No

View more such as transportation, nearby schools and risk designations. For more property insights, including its Energy Star score, Existing Buildings Energy and Water Efficiency Program (EBEWE) status, plus additional energy and water usage data, .

Ownership information for 550 South Flower Street, Los Angeles, CA

Property owner name
Registered owner
Source
Deed
Owner contact information
Phone number
Owner address

Sales history for 550 South Flower Street, Los Angeles, CA 90071

Sale date Sale price Buyer name Seller name
04/21/2008 $92,000,000 XXXXXXX XX XXX XXXX XX XXXXXX XXXXXX XXXXXX XXX
01/21/2000 $8,175,581 XXXXXXXX XX XXXXXXXX XXX

*Most recent sales on record for this property.

More about Los Angeles County property records.

Title documents

Date Type Amount Party 1 Party 2
01/05/2023 Merger
(File correction - Single parcel sale)
XXXXXXX XXXXXX XXXXX XXX XXXXXXX XXXXXX XXXXX XX
10/05/2017 Cancellation Lease XXXXXXX XX XXX XXXXXXX XX XXX
05/16/2016 Release XXXXXXXXXX XXXXXXXX XXXX XXXXXXX XXXXX XXX
02/19/2016 Release XXXXXXXX XXXXXXXX XXXXXX XXX
02/19/2016 Release XXXXXXX XX XXX
12/02/2015 Mechanics Lien XXXXXXX XX XXX XXXXX XXXXXXXXXXXXX XX XXX
11/24/2015 Notice Action XXXXXXXXXX XXXXXXXX XXXX XXXXXXX XXXXX XXX
05/04/2015 Modify Assignment of Lease
Modify Assignment of Rents
Modify Financing Statement
Modify Trust Deed
XXXXXXX XX XXX
07/18/2013 Modify Assignment of Lease
Modify Assignment of Rents
Modify Financing Statement
Modify Trust Deed
XXXXXXX XX XXX
06/27/2012 Release XXX XXXXXXXX XXXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for 550 South Flower Street, Los Angeles, CA

Property tax data includes tax amount, market value and assessed value, exemptions, abatements and assessment history.

Current property tax
Tax year
2026-2027
Base tax
$1,298,149
Current property tax
$1,335,598
Recent tax assessments
Market value
$109,327,054
Land value
$4,099,753
Building value
$105,227,301

Assessment history

See the assessment and property tax history, including the evolution of the total tax rate and corresponding property tax amount.

Tax year Assessed value Tax rate Property tax Y-o-Y change
2025-2026 $107,183,387 1.1874 $1,272,696 +0.95%
2024-2025 $105,081,753 1.1997 $1,260,666 +2.03%
2023-2024 $103,021,328 1.1994 $1,235,638 +4.97%
2022-2023 $101,001,303 1.1655 $1,177,170 +1.16%
2021-2022 $99,020,886 1.1752 $1,163,693 -1.06%
2020-2021 $98,005,549 1.200129 $1,176,193 +6.33%
2019-2020 $94,199,877 1.174279 $1,106,169 +0.14%
2018-2019 $92,352,822 1.196 $1,104,582 +2.26%
2017-2018 $90,541,983 1.193 $1,080,190 +2.10%
2016-2017 $88,766,651 1.1918 $1,057,964 +1.51%

Special assessments & penalties for 550 South Flower Street, Los Angeles, CA

Code Description Tax levied
03694 La County Regional Park And Open Space District
18852 Los Angeles City Street Light Maintenance Land
03071 Los Angeles County Flood Control
00170 Los Angeles County Trauma/Emerg Srvs
18875 Los Angeles Downtown Center (Downtown Bid)
18850 Los Angeles Landscape & Lighting Dist #96-1
18869 Los Angeles-Stormwater Pollution Abatement
00177 Safe Clean Water Program Funding Measure W
06111 West Vector Mosquito

Permit information for 550 South Flower Street, Los Angeles, CA

Issued date Permit number Permit type Sub type Valuation Expire date Status
10/06/2025
10/06/2025
07/09/2025
07/09/2025
07/09/2025

*Most recent permits on record for this property.

More about Los Angeles County property records

Los Angeles residential market stats

Access a detailed real estate market overview of Los Angeles so you can assess current trends, home values, types of properties sold and transaction volume. View the median home sale price in Los Angeles and compare it to other neighborhoods in Los Angeles.

Median sale price

$995,000

-3.7% Y-o-Y

Median price/sq. ft.

$650

-3.8% Y-o-Y

Los Angeles county median sale price

$870,000

-0.6% Y-o-Y

Check out recently sold homes in Los Angeles and see how their prices compare.

Demographics by ZIP code

Total population
556
Median age
43.9

Risk

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FEMA flood zones

FEMA flood zones
AE, X
Earthquake-induced liquefaction area
Landslides and liquefaction map

Fire hazard zones

Faults and tsunami inundation zones map
Seismic gas shut-off valve installed
Crime incidents map

Transportation

Daily traffic map

Access the detailed traffic volume map for 550 South Flower Street, Los Angeles, CA 90071 to see estimated average daily traffic on streets surrounding the property as well as the types of properties in its vicinity.

Frequently asked questions

What is the year built for 550 South Flower Street, Los Angeles, CA 90071?

The development at 550 South Flower Street, Los Angeles, CA 90071 was built in 1956.

What is the market value of 550 South Flower Street, Los Angeles, CA 90071?

The current market value of 550 South Flower Street, Los Angeles, CA 90071 is $109,327,054.

What is the total square footage of 550 South Flower Street, Los Angeles, CA 90071?

550 South Flower Street, Los Angeles, CA 90071 has a total of 172,197 square feet.

What is the price per square foot for this property?

$534 per square foot is the price for 550 South Flower Street, Los Angeles, CA 90071.

How many commercial spaces does this building have?

The number of commercial spaces in this building is 207.

Disclaimer

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