Los Angeles County  »  90071  »  S Flower St  »  524 S Flower St

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

Also known as: 700 W 5th St

Property image for 524 South Flower Street, Los Angeles, CA 90071
static Mapbox map

Property type

Miscellaneous Commercial - Vacant with Non-Structural Improvements (101X)

Year built

1993

Acreage

1.642

Sale price

$430,000,000

General Information

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Address
Primary address
524 S Flower St
Los Angeles, CA 90071
Alternate address(es)
700 W 5th St
Zip code
90071
Neighborhood
Downtown Los Angeles
County
Los Angeles
Municipality
Los Angeles

Owner

Find out who owns 524 South Flower Street, Los Angeles, CA 90071. Uncover corporate and individual owners with a free account.

Building
Property type
Miscellaneous Commercial - Vacant with Non-Structural Improvements
Building sq. ft.
69,260
Buildings on lot
2
Year built
1993
Last altered
1995
Sales
Sale date
09/16/2020
Sale price
$430,000,000
Arm's length
Tax
Tax year
2026-2027
Property tax
$413,263
Zoning & use
Zoning
Qualified opportunity zone
Lot
Acreage
1.642

Area overview

Walk score
99 /100.  Walker's Paradise
Transit score
100 /100.  Rider's Paradise
Bike score
56 /100.  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 524 South Flower Street, Los Angeles, CA

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

Sales history for 524 South Flower Street, Los Angeles, CA 90071

Sale date Sale price Buyer name Seller name
09/16/2020 $430,000,000 XXXX XXXXXXXX XXXXX XX XXXXXXXX XXXXXXX XXX
06/18/2013 $367,500,000 XXXXXXXX XXXXXXX XXX XXXXXXX XXXXXX XXXXXXXXXX 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
06/24/2025 Release XXXX XXXXXXXXXXX XXXXX XXXX XXXXXXXX XX
06/06/2025 Release XXXXXX XXXX XXXXXXXXXXXX XXX XXXXXX-XXXXXX XXX XX XXXXXXXXXX
06/02/2025 Release XXXXXXXX XXXXXXX XXX XXXXXXX XXX XXXXXX-XXXXXX XXX XX XXXXXXXXXX
04/02/2025 Mechanics Lien XXXX XXXXXXXX XXXXX XX XXXX XXXXXXXXXXX
03/18/2025 Mechanics Lien XXXXXX-XXXXXX XXX XX XXXXXXXXXX XXXXXXXX XXXXXXX XXX XXXXXXX XXX
03/18/2025 Mechanics Lien XXXXXX-XXXXXX XXX XX XXXXXXXXXX XXXXXX XXXX XXXXXXXXXXXX XXX
09/16/2020 Grant Deed
(Sale for consideration - full DTT - 4 parcels in multiple sale)
XXXXXXXX XXXXXXX XXX XXXX XXXXXXXX XXXXX XX
06/18/2013 Grant Deed
(Sale for consideration - full DTT - 4 parcels in multiple sale)
XXXXXXX XXXXXX XXXXXXXXXX XXX XXXXXXXX XXXXXXX XXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for 524 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
$413,263
Current property tax
$426,368
Recent tax assessments
Market value
$34,804,044
Land value
$21,109,911
Building value
$13,694,133

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 $34,121,613 1.1874 $405,160 +0.95%
2024-2025 $33,452,563 1.1997 $401,330 +2.03%
2023-2024 $32,796,632 1.1994 $393,363 +4.97%
2022-2023 $32,153,562 1.1655 $374,750 +1.16%
2021-2022 $31,523,100 1.1752 $370,459 +11.99%
2020-2021 $27,564,105 1.200129 $330,805 +6.33%
2019-2020 $26,493,760 1.174279 $311,111 +0.14%
2018-2019 $25,974,275 1.196 $310,664 +2.26%
2017-2018 $25,464,976 1.193 $303,804 +2.10%
2016-2017 $24,965,663 1.1918 $297,553 +1.51%

Special assessments & penalties for 524 South Flower Street, Los Angeles, CA

Code Description Tax levied
18852 Los Angeles City Street Light Maintenance Land
03071 Los Angeles County Flood Control
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 524 South Flower Street, Los Angeles, CA

Issued date Permit number Permit type Sub type Valuation Expire date Status
04/21/2025
04/21/2025
04/21/2025
12/05/2024
11/14/2024

*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
X
Earthquake-induced liquefaction area
Landslides and liquefaction map

Fire hazard zones

Faults and tsunami inundation zones map
Crime incidents map

Transportation

Daily traffic map

Access the detailed traffic volume map for 524 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 524 South Flower Street, Los Angeles, CA 90071?

The development at 524 South Flower Street, Los Angeles, CA 90071 was built in 1993.

What is the market value of 524 South Flower Street, Los Angeles, CA 90071?

The current market value of 524 South Flower Street, Los Angeles, CA 90071 is $34,804,044.

What is the total square footage of 524 South Flower Street, Los Angeles, CA 90071?

524 South Flower Street, Los Angeles, CA 90071 has a total of 69,260 square feet.

What is the price per square foot for this property?

$6,208 per square foot is the price for 524 South Flower Street, Los Angeles, CA 90071.

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