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    3115 Grand Ave Los Angeles, CA 90007

    • Manufacturing properties
    • 5,184 SF
    • 0.19 lot acres
    For Sale
    View listing
    $2,500,000
    Value Estimation
    Last Sale
    Jul 12, 2024
    Location Intelligence
    Property ID
    US09-7611324
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • SignMakers | LA Sign Company, Custom Indoor & Outdoor Signage, Vinyl Banner Printing / Sign Shop / Vinyl Sign Shop
    • Signs and Showcase / Store
    • Signmakers: Electrical, Neon, and Storefront Signages in LA / Sign Shop

    Property Details for 3115 Grand Ave

    Year built
    1960
    Construction
    TILT-UP CONCRETE
    Lot size
    0.19 lot acres
    Property size
    5,184 SF
    Zone code
    LAM1
    Property type
    Manufacturing properties
    APN
    5122-019-014
    APU
    5122019014

    Description

    This exceptional 5,184-square-foot warehouse, located in the heart of Los Angeles' Central Business District (CBD), presents a unique leasing opportunity. Situated on a 0.19-acre lot at 3115 S Grand Ave (cross streets: S Grand Ave/W 31st St), this single-tenant industrial property boasts a completely renovated interior, completed in 2023. The building, originally constructed in 1960, features a desirable 14-foot ceiling height, providing ample vertical space for storage and operations. The property includes convenient features such as eight parking spaces and one drive-in bay, ensuring efficient loading and unloading. Power specifications are 200 amps at 240 volts, 3-phase, and 4-wire. The property is zoned M1-2, and its Los Angeles County Assessor's Parcel Number (APN) is 5122019014. The entire 5,184 square feet is currently vacant and ready for immediate occupancy. This prime location in the CBD offers unparalleled access to major transportation arteries and a vibrant urban environment. This is an ideal space for businesses seeking a modern, well-maintained warehouse in a highly desirable area of Los Angeles. The zip code is 90007.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Los Angeles
    County
    Los Angeles
    State
    California
    Longitude
    -118.276
    Latitude
    34.0221
    CBSA code
    31080
    CBSA name
    LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $27,765
    $1,404,540
    $839,460
    $2,244,000
    -
    $0.00
    $0.00
    $0.00

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    • Value Estimation by Request
      6,000 SF

      239 31st St

      MANUFACTURING (LIGHT) • 6,000 SF
      239 31st St, Los Angeles, CA 90007-3805
      View Details

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    Los Angeles, CA 90007
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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
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