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    1120 S Grand Ave Los Angeles, CA 90015

    • Parking lots & garages
    • 640,000 SF
    • 1.49 lot acres
    For Lease
    View listing
    $3 SF/Yr
    Value Estimation
    Location Intelligence
    Property ID
    US09-3858805
    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

    • Sarkisian Group / Business Management Consultant
    • Becky Lai / Pharmacy
    • First Garage Door and Gate Repair Inc - Los Angeles, CA / Garage Door Supplier / Fence Contractor
    • Trappernet Co / Fishing Store
    • Serge Creator Studios / Video Production Service

    Property Details for 1120 S Grand Ave

    Year built
    1966
    Lot size
    1.49 lot acres
    Property size
    640,000 SF
    Zone code
    LAR5
    Property type
    Parking lots & garages
    APN
    5139-020-024
    APU
    5139020024

    Description

    This exceptional retail opportunity in Los Angeles' vibrant South Park neighborhood offers a total of 5,314 square feet of space, currently entirely vacant and ready for immediate occupancy. The property, located at 1120 S Grand Ave, zip code 90015, is ideally suited for a variety of uses, including but not limited to shops, pet stores, experiential retail, entertainment venues, golf simulators, cafes, flower shops, recreational stores, fitness studios, and coffee shops. The space is divisible, with a minimum leasable area of 1,814 square feet and a maximum contiguous space of 3,500 square feet. The property boasts 200A power. The building's design prioritizes user experience, featuring lush landscaping, canopy overhangs along Grand Avenue and 12th Street, and connectivity to a public park. Expansive storefronts with high ceilings and additional sidewalk seating are designed to attract and engage customers. This location provides excellent visibility and accessibility within a thriving community. The property is situated in the South Park submarket of Los Angeles, California. This is a unique chance to establish a business in a highly desirable and well-designed retail environment. Contact us today to learn more about this exceptional opportunity.

    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
    -118.262
    Latitude
    34.0404
    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
    2016
    $0.00
    $21,262,503
    $1,019
    $21,263,522
    -
    $0.00
    $0.00
    $0.00

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    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
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