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1036 S Grand Ave
Los Angeles, CA 90015
Retail Property For Sale

PROPERTY FACTS

Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
7,150 SF
Building Class
C
Year Built
1912
Tenancy
Single
Building Height
1 Story
Building FAR
0.91
Lot Size
0.18 AC
Zoning
LAR5
Parking
5 Spaces (0.7 Spaces per 1,000 SF Leased)
Frontage
60’ on South Grand Avenue

ABOUT 1036 S GRAND AVE , LOS ANGELES, CA 90015

Marcus & Millichap is pleased to present the opportunity to acquire 1036 S. Grand Avenue, a 7,500 SF free-standing retail building located in the booming South Park district of Downtown Los Angeles. South Park is the premiere sports and entertainment destination of Southern California. South Park is the premier district in Downtown Los Angeles, home to the Staples Center, L.A. Live entertainment and dining complex, and the Los Angeles Convention Center. In addition, South Park is a growing residential community with billions of dollars in new residential, retail, office, and hospitality construction. South Park accounts for 70% of Downtown Los Angeles’ residential construction, with over 20 new projects scheduled to commence by 2018. The booming residential construction in South Park has brought on a number of new and exciting projects, including a brand new Whole Foods and redesign of a flagship Macy’s. 1036 S. Grand is a unique free-standing retail building, located adjacent to multiple new developments including Level, a high-rise fully furnished luxury apartment building, and 1000 Grand by Windsor, a brand new high end apartment community. 1036 S. Grand is a 7,500 SF retail building complete with 25 foot truss ceilings, massive skylights, floor-to-ceiling brick walls, and concrete floors. The building is currently vacant, ideal for an owner-user Buyer or investor who desires to be in the heart of burgeoning South Park in Downtown Los Angeles.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
5139-010-007
Land Assessment
$4,582,375
Improvements Assessment
$10,935
Total Assessment
$4,593,310
  • Listing ID: 11773680

  • Date on Market: 3/1/2018

  • Last Updated:

  • Address: 1036 S Grand Ave, Los Angeles, CA 90015

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