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    1120 S Grand Ave Los Angeles, CA 90015

    For Lease
    $3 SF/Yr ($529 /Mo)

    Retail spaces available in the growing South Park neighborhood.

    Property size:
    1,814 SF
    Lot size:
    1,814 SF

    Property Features for 1120 S Grand Ave

    General Information

    Size
    1,814 SF

    Source: Derrick Moore Agent Derrick Moore

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Retail Space in South Park

    Located in South Park, this retail space offers an opportunity to join a developing residential hub. The property, with a size of 1814 square feet, is positioned to provide a diverse retail experience to meet the lifestyle needs of the neighborhood's residents. The location is suitable for tenants looking to activate Grand Avenue and Margo Street along 12th Street. A restaurant concept could be established facing a new public park. Potential uses include all-day food and beverage services, fitness centers, convenience stores, and pharmacies. The aim is to provide residents with convenient access to amenities ranging from coffee shops to urban markets with grab-and-go options.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Sarkisian Group Business Management Consultant Becky Lai Pharmacy First Garage Door ... Garage Door Supplier Trappernet Co Fishing Store Serge Creator Studios Video Production Service

    Suggested Use

    Restaurant Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Food Market Daycare Center Grocery Store Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Los Angeles
    County
    Los Angeles
    State
    California
    Longitude
    -118.26231
    Latitude
    34.04095

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    FAQs

    What type of property is this?
    Retail space - Retail spaces available in the growing South Park neighborhood.
    Where is this retail space located?
    The property is located at 1120 S Grand Ave Los Angeles, CA.
    What is the lease rate?
    The lease rate is $3 SF/Yr.
    What are key features of this property?
    This property features: - Located in South Park, the residential hub of Downtown.; - Opportunity to create a dynamic restaurant concept facing a brand new public park.; - Ideal for diverse retail uses such as all-day food and beverage, fitness, convenience stores, and pharmacies.
    (213) 613-3334
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1120 S Grand Ave Los Angeles, CA 90015
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