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3115 S Grand Ave

5,184 SF Industrial Building Los Angeles, CA 90007 $1,999,999 ($386/SF) 10% Cap Rate

INVESTMENT HIGHLIGHTS

  • Listed Cap Rate is Pro-Forma
  • Just Refurbished/Clean Warehouse
  • Adjacent to 10 & 110 Freeways - Easy DTLA Access
  • Full HVAC Warehouse/Clear Span/Large Lot Size
  • Secure Private Patio in the Back
  • Near USC, Banc of CA Stadium, Expo Park Coliseum

EXECUTIVE SUMMARY

±5,184 SF Industrial Warehouse – For Sale or Lease
Location: 3115 S. Grand Ave., Los Angeles, CA
Property Type: Warehouse/Distribution/Manufacturing
Year Built: 1960
NEW ROOF
Refurbishment: Fully refurbished in 2023
Available Square Footage: 5,184 SF
Sale Price: $1,999,999.00
Price Per SF: $385.80
Lease Rate: $2.50/PSF/Month (Gross)
Asking Lease Amount: $12,960/Month Gross
Property Lot Size: 0.19 Acres / 8,102 SF
Clear Height: 14’
Features & Amenities:
Location Advantage: One block away from the 110 Freeway on/off ramps
Natural Lighting: Excellent natural lighting with skylights
Power Specifications:
A: 200 V
V: 240 V
0: 3
W: 4
Loading:
GL Doors/Dimensions: 1 door, 10’ x 12’
Zoning: LA M1
Construction: Brick construction
Security:
On-site fenced and gated secure private parking lot
Secure building with private patio in the back
Parking: 8 parking spaces
Additional Amenities:
Clear span creative warehouse design
Clean warehouse/office space
Fully air-conditioned
Conveniently located just a few blocks away from USC, Banc of California Stadium, and LA Coliseum

PROPERTY FACTS

Price $1,999,999
Price Per SF $386
Sale Type Investment or Owner User
Cap Rate 10%
Property Type Industrial
Property Subtype
Warehouse
  • Flex Research & Development
Building Class A
Lot Size 0.19 AC
Rentable Building Area 5,184 SF
No. Stories 1
Year Built/Renovated 1960/2023
Tenancy Single
Parking Ratio 1.35/1,000 SF
Clear Ceiling Height 14’
No. Drive In / Grade-Level Doors 1
Opportunity Zone Yes

AMENITIES

  • 24 Hour Access
  • Fenced Lot
  • Security System
  • Air Conditioning

UTILITIES

  • Lighting
  • Gas
  • Water
  • Sewer
  • Heating

MAJOR TENANTS

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE END
  • Tenant Name
  • -
  • -
  • -
  • -
TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE END
Tenant Name - - - -

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • SPACE USE
  • CONDITION
  • AVAILABLE
  • 1st Floor
  • 5,184 SF
  • Industrial
  • Full Build-Out
  • 30 Days

Contact broker to show.

Space Size Space Use Condition Available
1st Floor 5,184 SF Industrial Full Build-Out 30 Days

1st Floor

Size
5,184 SF
Space Use
Industrial
Condition
Full Build-Out
Available
30 Days

1st Floor

Size 5,184 SF
Space Use Industrial
Condition Full Build-Out
Available 30 Days

Contact broker to show.

Walk Score®
Very Walkable (86)
Transit Score®
Excellent Transit (81)
Bike Score®
Biker's Paradise (98)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
5122-019-014
Land Assessment
$1,404,540
Improvements Assessment
$839,460
Total Assessment
$2,244,000

ZONING

Zoning Code LAM1-2 (Los Angeles Manufacturing Zoning)
LAM1-2 (Los Angeles Manufacturing Zoning)
  • Listing ID: 33121989

  • Date on Market: 9/10/2024

  • Last Updated:

  • Address: 3115 S Grand Ave, Los Angeles, CA 90007

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