Detail

Updated on November 19, 2025 at 8:05 pm

  • Land Area: 10,925 sq ft
  • Property Size: 14,711 sq ft
  • Price: $4,000,000
  • Year Built: 1923

Description

• Mixed use investment purchase opportunity
• 2-story building
• 5 ground floor retail stores and 13 second floor apartments
• $171,696 actual net annual income | 4.29% actual cap rate
• Heavy traffic location
• Northwest corner of Grand Avenue and 31st Street
• 109.25′ frontage on Grand Avenue and 100′ on 31st Street
• Just 3 blocks east of the USC Campus
• 1-mile south of the Santa Monica (I-10) Freeway and Downtown Los Angeles — 1-1/2 miles south of Crypto.com Arena and LA LIVE

Property Documents

  • Marketing Package for 3023-3035 S Grand Ave
  • Address: 3023 S Grand Ave
  • City: Los Angeles
  • State/county: CA
  • Zip/Postal Code: 90007
  • Country: United States

Features

Contact info

Ron Kim
Ron Kim
213.222.1209213.422.4955

Inquire about this property

Similar Properties

Featured
For LeaseRestaurant
$3.50/sq ft
For LeaseRestaurant

Retail, Restaurant, or Office Across From LA LIVE

901 W Olympic Blvd, Los Angeles, CA 90015, USA

sq ft: 5,797

Commercial, Office, Retail

Samuel P. Luster

12 months ago

$3.50/sq ft

sq ft: 5,797

Commercial, Office, Retail

12 months ago

Featured
For SaleDevelopment PotentialReposition Opportunity
$4,999,000
For SaleDevelopment PotentialReposition Opportunity

DTLA Fashion District Investor/Developer Site

316 E Pico Blvd, Los Angeles, CA 90015, USA

sq ft: 21,140

Commercial, Mixed Use, Retail

$4,999,000

sq ft: 21,140

Commercial, Mixed Use, Retail

For Lease
$1.76/sq ft
For Lease

Heavy Traffic Retail Location

4812 W Adams Blvd, Los Angeles, CA 90016, USA

sq ft: 1,700

Commercial, Retail

Daniel Moussazadeh

3 weeks ago

$1.76/sq ft

sq ft: 1,700

Commercial, Retail

3 weeks ago

For SaleDevelopment PotentialReduced!
$2,995,000
For SaleDevelopment PotentialReduced!

Distressed Retail Property: Fire Damage

337 N Fairfax Ave, Los Angeles, CA 90036, USA

sq ft: 5,465

Commercial, Retail

$2,995,000

sq ft: 5,465

Commercial, Retail

For SaleUpside Potential
$2,800,000
For SaleUpside Potential

16-Unit Apartment Building

1134 S Vancouver Ave, East Los Angeles, CA 90022, USA

sq ft: 8,000

Multi-Family

Daniel Moussazadeh

4 years ago

$2,800,000

sq ft: 8,000

Multi-Family

4 years ago