Restaurant Space For
For Sale
Contact for pricing
1155 S Grand Ave, Los Angeles, CA 90071
First floor restaurant space available for purchase.
Property Size2,137 SF
Lot Size1.21 Acres
Price / SF$590.33
Days on Market312
Property Features for 1155 S Grand Ave
General Information
Standard status
Active
Size
2,137 SF
Lot size
1.21 Acres
Property subtype
RETAIL
Properties For Sale
at 1155 S Grand Ave Contact us- Floor
- 1
- Size
- 2,137 SF
- Type
- RETAIL
- Lease Type
- NNN
- Availability
- AVAILABLE, Now
- Sublease
- No
1155 S Grand Ave
First floor restaurant space.
Contact us
Listing Agency:
CBM1
(310) 575-1517
Listed By:
Jason Ehrenpreis · License #1741961
(310) 575-1517
Source:
Moodyscre
Added: Oct 1, 2025
Changed: Aug 8
Last Checked: Aug 8 at 1:23PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of CBM1
Investment Insights
Based on property information with market context.
This property features a restaurant space located on the first floor. The property size is 2137 square feet. It is suitable for restaurant or other restaurant-related businesses.
Key Highlights
- First floor location
- Restaurant space
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$57,875
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.59%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,157,500
$1.2M
Cap Rate 7%
$826,786
$826.8K
Cap Rate 9%
$643,056
$643.1K
Market Conditions
NOI Build-Up for 2,137 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$79.0K $36.96/SF
− Vacancy
−$1.8K −$0.85/SF
EGI
$77.2K $36.11/SF
− OpEx
−$19.3K −$9.03/SF
NOI
$57.9K $27.08/SF
Area
Los Angeles, CA
Vacancy
2.30%
Lease Rate
$36.96 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,157,500
Cap Rate 7%
$826,786
Cap Rate 9%
$643,056
Alternative Uses
Best Use
Specialty Retail
$826.8K
$723.4K – $964.6K
NOI $57,875 @ 7.0% cap · market cap 4.59%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$43.29M
$37.88M – $50.51M
NOI $3,030,604 @ 7.0% cap · market cap 240.23%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
14,946
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 90071, CA
907
Population
16
Households
56.7
Avg Household Size
47
Median Age
57%
High-School Grad
0.1 sq mi
ZIP Area
9,070
Density / Sq Mi
$16,250
Median Earnings
Market
Vacancy Rate% for Retail in Los Angeles, CA
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- El Guero Food truck — 1013 crocker st, los angeles, ca 90021
- Four Seasons Catering — 1300 San Pedro St Suite 210, Los Angeles, CA 90015
- Ala Carte Catering Inc — 924 W Washington Blvd, Los Angeles, CA 90015
- Cater Craft Foods Inc — 924 W Washington Blvd, Los Angeles, CA 90015
- Tender Grill — 924 W Washington Blvd, Los Angeles, CA 90007
Frequently Asked Questions
What type of property is this?
Restaurant - First floor restaurant space available for purchase.
Where is this restaurant located?
The property is located at 1155 S Grand Ave Los Angeles, CA.
What is the asking price?
The asking price for this property is $1,261,530.
What are key features of this property?
This property features: First floor location; Restaurant space
