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    1414 Grand Ave Los Angeles, CA 90015

    Sponsored
    For Lease
    $47 SF/Yr ($11,225 /Mo)

    Class A Medical Office Suites Available in Downtown LA

    Lot size:
    2,842 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    Located in the heart of Los Angeles at 1414 S Grand Ave, 90015, CMC Medical Plaza offers exceptional Class A medical office space for lease. This four-story building boasts a total of 2,842 square feet, currently entirely vacant and available for lease. The property is ideally suited for medical practices seeking flexible and modern office space in a prime location. Two contiguous suites are available, with a minimum divisible space of 1,372 square feet and a maximum contiguous space of 1,470 square feet. The building's "A" classification signifies its high-quality construction, modern amenities, and desirable location within Los Angeles County. The address provides excellent visibility and accessibility, making it an attractive option for businesses seeking a prominent presence in the city. This is a rare opportunity to secure a fully vacant, high-quality medical office building in a highly sought-after area of Los Angeles. Interested parties are encouraged to inquire for further details and leasing information. The property is categorized as a multi-tenant building, offering potential for various medical practices to co-locate. This prime Los Angeles location offers unparalleled access to a diverse patient base and a thriving medical community.

    Property Features for 1414 Grand Ave

    General Information

    Property type
    Medical offices
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    2,842 SF
    Class
    A
    Total Rate
    11225.9

    Building Details

    Stories
    4

    Unit(s) available at that property

    Space
    Suite 475
    Size
    1,470 SF
    Rate per SF
    $47
    Space
    Suite 400
    Size
    1,372 SF
    Rate per SF
    $47

    HighLights

    • 4‑story, Class A medical office building totaling 2,842 square feet, fully vacant and available for lease.
    • Recently renovated common areas and corridors.
    • New HVAC and boiler systems.
    • Ground floor pharmacy.
    • On‑site management and security.
    • Located on the California Hospital Medical Center campus.
    Property Profile Location Intelligence

    Current Use by Public Records

    Pouya Bahrami, DO Internist 팔병원 Hospital AHF Dentist Freeman Carlotta MD Psychiatrist Northeast. Community Clinic Doctor

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Food Market Daycare Center Grocery 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
    -118.2653972
    Latitude
    34.0364757

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    FAQs

    What type of property is this?
    Medical office - Class A Medical Office Suites Available in Downtown LA
    Where is this medical office located?
    The property is located at 1414 Grand Ave Los Angeles, CA.
    What is the lease rate?
    The lease rate is $47 SF/Yr.
    What are key features of this property?
    This property features: 4-story, Class A medical office building totaling 2,842 square feet, fully vacant and available for lease.; Recently renovated common areas and corridors.; New HVAC and boiler systems.
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    1414 Grand Ave Los Angeles, CA 90015
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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
    1414 Grand Ave Los Angeles, CA 90015
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