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    615 S Grand Ave Los Angeles, CA 90017

    For Sale
    $16,500,000

    16,328 SF restaurant/office building in the Financial District.

    Lot size:
    0.23 Acres

    Property Features for 615 S Grand Ave

    General Information

    Lot size
    0.23 Acres

    Building Details

    Year built
    1926

    Source: Napa Real Estate Agent Gurjeet Singh

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

    Overview

    Downtown Los Angeles Restaurant/Office Building

    This 16,328 SF restaurant/office building is located in downtown Los Angeles, California, in the heart of the Financial District, within walking distance of Pershing Square. This property offers a value-add acquisition opportunity. The sale includes two floors of real estate and a running, profit-making Irish pub that has been operating for over 40 years and has a full liquor license. The pub has served as a filming location for Hollywood movies and series, providing an additional income source. The upper floor is pre-approved for a nightclub, and the terrace can be converted into a lounge for a hookah bar. The liquor license can be extended to the upper floors for a nightclub and a hookah bar.
    Insight Report Location Intelligence

    Current Use by Public Records

    Kacey's Pub Irish Pub Waller LLC Mechanical Plant

    Suggested Use

    Realty agency Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Food Market Daycare Center Grocery Store Skin Care Clinic

    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
    -118.25578
    Latitude
    34.04839

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    FAQs

    What type of property is this?
    Pub - 16,328 SF restaurant/office building in the Financial District.
    Where is this pub located?
    The property is located at 615 S Grand Ave Los Angeles, CA.
    What is the asking price?
    The asking price for this property is $16,500,000.
    What are key features of this property?
    This property features: - Includes a running, profit-making Irish pub with a full liquor license operating for over 40 years.; - Prime location in the heart of the Financial District, downtown Los Angeles, within walking distance to Pershing Square.; - Upper floor is pre-approved for a nightclub, with the potential to extend the liquor license.
    (818) 206-8586
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    615 S Grand Ave Los Angeles, CA 90017
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    Los Angeles, CA 90017
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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
    615 S Grand Ave Los Angeles, CA 90017
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