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

For LeaseFor SaleDevelopment Site
TBD
For LeaseFor SaleDevelopment Site

Vacant Raw Commercial Land

2732 S Central Ave, Los Angeles, CA 90011, USA

sq ft: 12,900

Commercial, Land

sq ft: 12,900

Commercial, Land

For LeaseCreative Space
$2.40/sq ft
For LeaseCreative Space

Echo Park Creative Office Space

2113 W Sunset Blvd, Los Angeles, CA 90026, USA

sq ft: 1,250

Commercial, Office

Daniel Moussazadeh

1 year ago

$2.40/sq ft

sq ft: 1,250

Commercial, Office

1 year ago

Featured
For SaleLeased InvestmentReduced!
$3,600,000
For SaleLeased InvestmentReduced!

DTLA Historic Core Single Tenant NNN Investment

810 S Broadway, Los Angeles, CA 90014, USA

sq ft: 7,867

Commercial, Retail

$3,600,000

sq ft: 7,867

Commercial, Retail

For LeaseReduced!
$2$3/sq ft
For LeaseReduced!

Westwood Retail & Office Units

1650 Westwood Blvd, Los Angeles, CA 90024, USA

sq ft: 3,906

Commercial, Office, Retail

$2$3/sq ft

sq ft: 3,906

Commercial, Office, Retail

For LeaseRecently Renovated
$1.43$2/sq ft
For LeaseRecently Renovated

Prime DTLA Office Space

732 S Los Angeles St, Los Angeles, CA 90014, USA

sq ft: 1,850

Commercial, Office

Rene Mexia , Jeffrey Jankaew

5 months ago

$1.43$2/sq ft

sq ft: 1,850

Commercial, Office

5 months ago