1400 S Grand Ave

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1400 S Grand Ave

los-angeles, CA 90015
Asking Rate
Contact for rate
Asset Type
Office
Class
Class B

What's Special

1400 S Grand Avenue is situated in the South Park district of Downtown Los Angeles, a neighborhood characterized by a mix of high-rise residential towers and commercial hubs. The property is located near the Convention Center and Crypto.com Arena, offering proximity to various dining and retail options. Access to the regional transportation network is provided via the nearby Pico Metro station and the intersection of the 10 and 110 freeways, facilitating transit for employees and clients across the metropolitan area. The building is suited for professional services, creative agencies, or administrative offices seeking a central urban location. The floor plates accommodate a range of layouts, including open-concept environments or traditional partitioned offices. Typical tenants for this asset class in South Park include legal firms, technology startups, and non-profit organizations that benefit from the neighborhood's live-work infrastructure and its position within the city's primary business core.

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

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