Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    1155 Grand Ave Los Angeles, CA 90015

    Sponsored
    For Lease
    $66 SF/Yr

    Prime location, fully equipped, 2,137 sq ft.

    Lot size:
    2,137 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    395
    This exceptional 2,137 square foot restaurant space is located in the heart of Downtown Los Angeles' South Park neighborhood, within "The Shops @ Evo," the ground floor retail condominium of the LEED-certified Evo building. This single-tenant space boasts a prime location, offering unparalleled convenience and sophistication. Situated within a luxury residential building, it benefits from a built-in clientele of discerning residents. The space is fully equipped and ready for immediate operation, including a fully stocked bar and top-of-the-line kitchen facilities. An outdoor patio adds to the appeal, with occupancy permits for 78 inside and 32 on the patio. A full liquor license is available. The property enjoys exceptional proximity to major attractions, including Crypto.com Arena, L.A. LIVE, the L.A. Convention Center, and the proposed Farmers Field Football Stadium. It's also conveniently located near the Metro Expo Line and numerous hotels and residential developments, ensuring a high volume of potential customers. With 14 million annual visitors to the South Park area, this presents a rare opportunity to establish a thriving culinary business in a dynamic and high-demand location. The building itself is a 24-story, 311-unit luxury residential complex completed in 2008. The surrounding area is experiencing significant growth, with thousands of new residential units and hotel rooms under construction within a short radius.

    Property Features for 1155 Grand Ave

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    2,137 SF

    Unit(s) available at that property

    Space
    Size
    2,137 SF
    Rate per SF
    $66

    HighLights

    • 2,137 SF restaurant space in Downtown LA's South Park neighborhood, within "The Shops @ Evo," a LEED‑certified building.
    • Prime location within a luxury residential building, offering a built‑in clientele.
    • Fully equipped with a top‑of‑the‑line kitchen, stocked bar, and outdoor patio; occupancy permits for 78 inside and 32 outside.
    • Full liquor license available.
    • Turnkey restaurant space ready for immediate operation.
    Property Profile Location Intelligence

    Current Use by Public Records

    BRCHN Design House Design Agency Q P Printing ... Commercial Printer The tourist factory USA Tour Agency Katz Management Corporate Office DR KELVIN WAN ... Doctor

    Suggested Use

    Restaurant Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Food Market Law Firm 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
    -118.2633243
    Latitude
    34.0405359

    Nearby Similar for Lease

    • $4,512 /Mo
      2,139 SF

      Modern Office Space in San Pedro

      Modern office space for lease in the heart of San Pedro.
      858 W 9Th St, San Pedro, CA 90731
      View Details
    • Contact for pricing
      22,000 SF

      Creative Flex Space in Hollywood

      Reimagined creative flex space in the heart of Hollywood.
      5176 Santa Monica Blvd, Los Angeles, CA 90029
      View Details
    • $18,856 /Mo
      12,036 SF

      Functional Warehouse with Office Space

      Secure Los Angeles warehouse with office, ample parking, and freeway access.
      215 W 134Th St, Los Angeles, CA 90061
      View Details
    • Contact for pricing
      8,688 SF

      Prime Medical/Office Space in Downtown

      8,688 SF medical/office space for lease in Little Tokyo.
      420 E 3Rd St, Los Angeles, CA 90013
      View Details
    • $8,750 /Mo
      1,634 SF

      Venice Creative Office/Live-Work Space

      Unique live/work space in vibrant Venice Beach near Abbot Kinney.
      215 Windward Ave, Venice, CA 90291
      View Details
    • Contact for pricing
      24,300 SF

      Reimagined Creative Flex Space

      Modernized creative flex space in a historic landmark building.
      941 E 2Nd St, Los Angeles, CA 90012
      View Details
    • $5,300 /Mo
      5,227 SF

      Versatile Mixed-Use Space in Los Angeles

      Mixed-use space ideal for various businesses in a dynamic location.
      1201 West Temple St, Los Angeles, CA 90026
      View Details
    • Contact for pricing
      10,000 SF

      Historic Office Building in Los Angeles

      Charming Spanish-style office building near Beverly Hills and Culver City.
      1436 S La Cienega Blvd, Los Angeles, CA 90035
      View Details
    • Contact for pricing
      5,683 SF

      Historic Los Angeles Religious Facility

      Historic religious facility suitable for redevelopment or educational purposes.
      1101 W Florence Ave, Los Angeles, CA 90044
      View Details
    • $3,500 /Mo
      1,480 SF

      Pacoima Mixed-Use Property For Lease

      Versatile 1480 sq ft mixed-use property in prime Pacoima location.
      10615 San Fernando Rd, Pacoima, CA 91331
      View Details
    • $7,200 /Mo
      2,627 SF

      Remodeled Office Space Sublease

      Remodeled office suite in iconic Woodland Hills Class A complex.
      6300 Canoga Ave 590, Woodland Hills, CA 91367
      View Details
    • $3,950 /Mo
      1,200 SF

      Los Angeles Warehouse with Gated Parking

      Turn-key warehouse with gated parking near downtown Los Angeles.
      3242 Fowler St, Los Angeles, CA 90063
      View Details

    FAQs

    What type of property is this?
    Restaurant - Prime location, fully equipped, 2,137 sq ft.
    Where is this restaurant located?
    The property is located at 1155 Grand Ave Los Angeles, CA.
    What is the lease rate?
    The lease rate is $66 SF/Yr.
    What are key features of this property?
    This property features: 2,137 SF restaurant space in Downtown LA's South Park neighborhood, within "The Shops @ Evo," a LEED-certified building.; Prime location within a luxury residential building, offering a built-in clientele.; Fully equipped with a top-of-the-line kitchen, stocked bar, and outdoor patio; occupancy permits for 78 inside and 32 outside.
    Request Owner's contact information
    1155 Grand Ave Los Angeles, CA 90015
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1155 Grand Ave
    Los Angeles, CA 90015
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    1155 Grand Ave Los Angeles, CA 90015
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.