1513 S Grand Ave

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1513 S Grand Ave

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

What's Special

1513 South Grand Avenue is situated in the South Park district of Downtown Los Angeles. The property is positioned within a high-density urban corridor characterized by a mix of residential towers, entertainment venues, and mid-rise commercial buildings. The location is two blocks from the Los Angeles Convention Center and Crypto.com Arena. Dozens of dining options, retail centers, and hospitality services are within walking distance. Transportation access is provided by multiple nearby Metro Bus lines and the Pico rail station, which serves the A and E Lines. The 10 and 110 freeways are accessible within a half-mile of the site. The building is suited for professional services, creative firms, or satellite administrative operations. Given its proximity to the judicial district and major medical centers, the space is functional for legal practices or healthcare administrative offices. The floor plates accommodate private offices or open-plan layouts typical of agencies in the technology and media sectors. Typical tenants include small to mid-sized businesses seeking a central downtown presence with high walkability. The asset profile aligns with users requiring proximity to the downtown core while maintaining direct access to regional transit hubs and essential central business district infrastructure.

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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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