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    3115 Grand Ave Los Angeles, CA 90007

    Sponsored
    For Sale
    $2,500,000

    Industrial Warehouse, 5,184 SF, $2.5M

    Property size:
    5,184 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 5,184-square-foot warehouse, located at 3115 S Grand Ave in Los Angeles, CA 90007, presents a unique investment opportunity. Built in 1960 and completely renovated in 2023, this property boasts a desirable M1-2 zoning designation. The warehouse features a 14-foot ceiling height, a single dock-high door, and ample natural light thanks to a saw-tooth roof design. The building's brick exterior adds to its character. Inside, you'll find a clean, fully climate-controlled space with a clear span layout, ideal for various industrial uses. The property sits on a generous 0.19-acre lot and includes eight parking spaces, along with a secure private patio area. Its strategic location offers easy access to the 10 and 110 freeways, providing convenient access to Downtown Los Angeles. Furthermore, its proximity to USC, Banc of California Stadium, and the Expo Park Coliseum adds to its appeal. The asking price is $2,500,000, translating to $482.25 per square foot. The property's APN is 5122019014. This fully refurbished warehouse is ready for immediate occupancy.

    Property Features for 3115 Grand Ave

    General Information

    Property type
    Distribution properties
    Square Feet
    5,184 SF
    Lot Size
    8,276 SF

    Building Details

    Year Built/Renovated
    1960/2023

    HighLights

    • Excellent natural light; sawtooth roof; brick building.
    • Fully climate‑controlled warehouse; clear span layout; 0.19‑acre lot.
    • Completely refurbished in 2023; clean and ready for occupancy.
    • Secure private patio.
    • Prime location near the 10 & 110 freeways; easy access to Downtown LA.
    • Close proximity to USC, Banc of California Stadium, and Expo Park Coliseum.
    Property Profile Location Intelligence

    Current Use by Public Records

    SignMakers | LA Sign ... Vinyl Sign Shop Signs and Showcase Store Signmakers: Electrical, Neon, ... Sign Shop

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Clothing Store

    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
    -118.2755565
    Latitude
    34.0221113

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    FAQs

    What type of property is this?
    Distribution property - Industrial Warehouse, 5,184 SF, $2.5M
    Where is this distribution property located?
    The property is located at 3115 Grand Ave Los Angeles, CA.
    What is the asking price?
    The asking price for this property is $2,500,000.
    What are key features of this property?
    This property features: Excellent natural light; sawtooth roof; brick building.; Fully climate-controlled warehouse; clear span layout; 0.19-acre lot.; Completely refurbished in 2023; clean and ready for occupancy.
    Request Owner's contact information
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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
    3115 Grand Ave Los Angeles, CA 90007
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