Two-Story Flex
2700 S Grand Ave, Los Angeles, CA 90007
For Sale
New
Contact for pricing
The upper level combines private offices with open workspace, reception and a lounge.
Property Size20,586 SF
Price / SF$218.58
Days on Market5
Property Features for 2700 S Grand Ave
General Information
Standard status
Size
Property subtype
Site & Location
Neighborhood
Warehouse & Industrial
Clear Height
Warehouse Space
Office Build-Out
Drive-In Doors
Power
Voltage
Additional Details
Property Use
Building Details
Buildings
Stories
Building Size
Listing Agency:
CBRE - Downtown Los Angeles
(213) 613-3333
Listed By:
John Hillman · License #01223571
(213) 435-5455
Source:
Moodyscre
Added: Nov 4
Changed: Nov 6
Last Checked: Nov 6 at 2:46PM
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 CBRE - Downtown Los Angeles
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This freestanding flex property has 20,583 square feet across two levels. The first floor contains 10,293 square feet of warehouse space, while the second floor offers 10,293 square feet of office area with perimeter private offices, an open flex plan, reception and a lounge. A freight elevator serves the floors, and the warehouse has a 14-foot clear height with a grade-level roll-up door. Electrical service is 800 amps at 120/240 volts.
Key Highlights
- 20,583 square feet across warehouse and office floors
- 10,293 SF first‑floor warehouse
- 10,293 SF second‑floor office space
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$310,486
Cap Rate
6.90%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$6,209,720
$6.2M
Cap Rate 7%
$4,435,514
$4.4M
Cap Rate 9%
$3,449,844
$3.4M
Market Conditions
NOI Build-Up for 20,583 SF
Gross rent
$390.3K $18.96/SF
− Vacancy
−$25.0K −$1.21/SF
EGI
$365.3K $17.75/SF
− OpEx
−$54.8K −$2.66/SF
NOI
$310.5K $15.08/SF
Area
Los Angeles, CA
Vacancy
6.40%
Lease Rate
$18.96 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$6,209,720
Cap Rate 7%
$4,435,514
Cap Rate 9%
$3,449,844
Alternative Uses
Best Use
Warehouse
$4.44M
$3.88M – $5.17M
NOI $310,486 @ 7.0% cap · market cap 6.90%
Second Best
Industrial
$3.65M
$3.20M – $4.26M
NOI $255,694 @ 7.0% cap · market cap 5.68%
Theoretical Best
Multifamily LT 5
$417.00M
$364.87M – $486.50M
NOI $29,189,946 @ 7.0% cap · market cap 648.81%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
14 ft
Clear height
1
Drive-in doors
Location Intelligence
Trade Area within ½ mile
3,237
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 90007, CA
40,944
Population
14,153
Households
2.9
Avg Household Size
28
Median Age
29%
College-Educated
63%
High-School Grad
2.4 sq mi
ZIP Area
17,060
Density / Sq Mi
$36,032
Median Household Income
$21,176
Median Earnings
$1,480
Median Rent
$852,900
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Average Price Trend$/SF for Flex space in Los Angeles, CA
Properties on Market for Flex space in Los Angeles
Vacancy Rate% for Industrial in Los Angeles, CA
Similar Off Market Nearby
- Kensington Cafeteria — 700 state dr, los angeles, ca 90037
- The Barbacoa Boyz — 3911 s figueroa st, los angeles, ca 90037
- Healthy Organic Kitchen — 358 W 38th St, Los Angeles, CA 90037
- I Jones Catering Kitchen — 3670 Broadway Pl, Los Angeles, CA 90007
- Savore Cuisine & Events — 3655 S Grand Ave #235, Los Angeles, CA 90007
Frequently Asked Questions
What type of property is this?
Flex space - The upper level combines private offices with open workspace, reception and a lounge.
Where is this flex space located?
The property is located at 2700 S Grand Ave Los Angeles, CA.
What is the asking price?
The asking price for this property is $4,499,000.
What are key features of this property?
This property features: 20,583 square feet across warehouse and office floors; 10,293 SF first‑floor warehouse; 10,293 SF second‑floor office space
