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Property profile & analytics
FOR LEASE
Office buildings

355 S Grand Ave Los Angeles, CA 90071

1,160,728 SF 1.39 ac lot Built 1982
Entity Owned 18-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US10-0508836
Property summary
AI-generated overview

This exceptional offering presents five executive office suites for lease at the prestigious 355 S Grand Ave address in downtown Los Angeles, CA 90071. The available spaces range in size from a compact 150 square feet to a more substantial 1,000 square feet, catering to a variety of business needs and team sizes. The property is classified as a multi-tenant building, offering a vibrant and collaborative work environment. Each suite is designed as an executive office, promising a professional and sophisticated setting for your business operations. The building's location in the heart of downtown Los Angeles provides unparalleled access to a wealth of amenities, including convenient transportation links, upscale dining options, and a thriving business community. The specific amenities offered within the building are not detailed, but the marketing materials highlight a commitment to providing a high-quality and comfortable workspace. This prime location and flexible space options make this an ideal opportunity for businesses seeking a prestigious and functional office space in the dynamic Los Angeles market. Interested parties are encouraged to inquire for further details and scheduling a viewing. The property is situated at 34.052082 latitude and -118.2525405 longitude.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1982
Construction STEEL FRAME
Total area 1,160,728 SF
Lot 1.39 ac (60,674 SF)
Zoning code LAC2
APN 5151-015-013
UPID US10-0508836
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Expert Commercial Appliance Repair Home Appliance Store
  • Castro & Co. Law Firm
  • Moschetti Law Group - Downtown LA Law Firm
  • DNL Zito Law Firm
  • Joe Netikosol - Winston & Strawn LLP Law Firm
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$92.64M
Owner & transaction history
Maguire Properties 355 S Grand LLC · 18 yrs held
Maguire Properties 355 S Grand LLC
since 2007
7 recorded transactions
2018
Price N/A
2017
Price N/A
2007
Price N/A
2002
Price N/A
1991
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
LAC2 · Los Angeles, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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