sq ft: 16,500
Creative/Flex, Mixed Use, Office
Updated on June 12, 2024 at 4:16 pm
• 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
4.29% Cap Mixed-Use Investment Opportunity - 3023 S Grand Ave, Los Angeles, CA 90007, USA
