2528 Grand AveLos Angeles, CA 90007

Property Details for 2528 Grand Ave

Year built

2022

Construction

WOOD

Lot size

2.00 AC

Property size (Sq ft)

284,335 SF

Zone code

LAM1

Property type

Mixed-use properties

Property subtype

Other investment properties

APN

5126-019-012

APU

5126019012

Description

This exceptional 285,526 square foot retail and restaurant property, built in 2023, is located at 2528 S Grand Ave, Los Angeles, CA 90007. The property features multiple tenancies, with 4 spaces currently available, ranging from 872 to 1,255 square feet. A total of 20 parking spaces are provided for tenant and customer convenience. The building boasts a range of desirable amenities including a business center, clubhouse, fitness center, swimming pool, spa, pet play area, roof terrace, bicycle storage, elevator, online services, and even a pet washing station. This prime location offers unparalleled access to Downtown Los Angeles, the 110 Freeway, and the University of Southern California, benefiting from the high density of both students and professionals in the area. The proximity to LA Live/Crypto.com Arena and various transit options further enhances its appeal. Currently, 4,987 square feet of space is vacant, presenting a unique opportunity for businesses seeking a vibrant and well-equipped location in a thriving Los Angeles neighborhood. This property is ideal for businesses seeking high visibility and convenient access to a large and diverse customer base.

• CAP approach

  CAP return

  Valuation

  6%

  $82,383,176

  6.5%

  $76,046,008

  7%

  $70,614,152

• Comparable approach

  Method

  Valuation

  Relative Method

  $54,069,144

  Geo Method

  $54,069,144

• Alternative Use

  Use

  Valuation

  Residential

  $94,297,056

  Hospitality

  $86,375,592

  Educational

  $71,863,480

  Medical

  $74,334,976

  Retail

  $111,787,632

Location Insight

City

Los Angeles

County

Los Angeles

State

California

Latitude

34.0267

Longitude

-118.271

CBSA code

31080

CBSA name

LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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