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Financial
Distress signals
Property profile

615 Grand Ave Los Angeles, CA 90017

OFF-MARKET
Banks
Property ID
US09-7193570
16,328 SF 0.23 ac lot Built 1926
Last sale Jul 2022 · $5,317,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property is a restaurant space configured for pub and bar use, including an active ABC liquor license, and it is equipped with furniture, fixtures, and other operating components for a bar-and-restaurant concept. The space includes outdoor patio seating and is located at 615 S. Grand Ave in Los Angeles. It is positioned in an area with very high walk, bike, and transit accessibility, with Walk Score 95, Bike Score 92, and Transit Score 100.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2024

What does the county charge?
$70k
Tax billed · 2024
Assessed value$5.42M
Assessed land$3.38M
Assessed improvement$2.04M
Effective rate1.28%

Value estimate

· Oct 2026
$4.30M
$3.87M – $4.72M
AI approach$4.49M

Realmo valuation models over county records and 4 qualifying comparable sales.

Recently sold

What actually traded nearby?
$540/SF
Submarket average, outlier-cleaned · 29 recorded sales of this use type
Observed band · Q1–Q3$263 – $811
Qualifying comparables4

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
LAC2
JurisdictionLOS ANGELES

Location intelligence

Which uses thrive at this corner?
Best fit: Adult Day Care Center
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Adult Day Care Center7.2
Buffet6.8
Laundromat6.0

Location

615 Grand Ave Los Angeles, CA 90017-3804
County assessor Recorded deeds · 10 transfers 4 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
630 6th, Los Angeles, CA 90017-3254 $1,354,000 Jan 2026 14,814 SF
1145 7th, Los Angeles, CA 90017-2409 $8,420,000 Jan 2025 22,150 SF
830 Flower, Los Angeles, CA 90017-4608 $20,250,000 Sep 2024 16,521 SF
1447 3rd, Los Angeles, CA 90017-1401 $2,350,023 Oct 2021 7,840 SF
1534 7th, Los Angeles, CA 90017-2248 $2,100,021 Jun 2020 7,020 SF
1216 7th, Los Angeles, CA 90017-2362 $3,000,030 Oct 2018 4,160 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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