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23749451
23749450

1155 S Grand Ave, Los Angeles, CA 90015

DM
CA CA - 01029938
CBRE - Downtown Los Angeles
DD
CA 02210049
CBRE - Downtown Los Angeles
Listed by CBRE - Downtown Los Angeles
Unpriced
367 days on market
Updated 55 days ago

EVO Courtyard Retail Condos

Details
Property Type Retail, Mixed Use
Sub Type Bank, Restaurant (+1)
Units 4
Tenancy Vacant
Stories 23
Investment Type Owner/User
Sale Condition For sale by owner

Owner User Retail Condos for Sale | Investment Opportunity

Marketing description

Located in the heart of Downtown Los Angeles’ South Park District, EVO Courtyard benefits from a thriving urban environment that continues to grow and evolve. South Park is home to some of the city's most iconic attractions, including Crypto.com Arena, LA Live!, Peacock Theatre, The Novo The GRAMMY Museum, and the Los Angeles Convention Center. The area is also surrounded by thousands of luxury condominiums and apartment homes, creating a dense and affluent residential base.

The neighborhood is further enriched by its proximity to major educational institutions such as the University of Southern California (USC), UCLA, Cal State Los Angeles, FIDM (Fashion Institute of Design & Merchandising), and Arizona State University. This diverse academic presence contributes to a dynamic and youthful demographic, ideal for a wide range of commercial ventures.

South Park is experiencing a strong post-pandemic recovery, with renewed investment and development activity. Notably, the LA2028 Olympic team has secured significant office space in the area as preparations for the Summer Games ramp up. Just blocks away, the Broadway corridor offers a vibrant retail experience with flagship stores like the Apple Store in the historic Tower Theatre, Adidas Originals, Nike Jump, and Urban Outfitters.

Investment highlights

EVO Courtyard is a premium commercial component of EVO South, a 23-story luxury mixed-use tower completed in 2008. The building features 311 high-end condominium units and is located at the corner of 12th Street and South Grand Avenue.

The Courtyard itself comprises approximately 4,570 square feet on the ground level, offering a rare opportunity for ownership in a prime Downtown LA location. Units are available for purchase in sizes ranging from approximately 1,050 to 4,570 square feet, making them suitable for a variety of uses including retail, dining, professional services, and medical practices.

Listing Contacts

DM
CA CA - 01029938
CBRE - Downtown Los Angeles
DD
CA 02210049
CBRE - Downtown Los Angeles
Listed by CBRE - Downtown Los Angeles

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Additional Information

Name
Derrick Moore
License
CA - 01029938
Brokerage
CBRE
Title
Senior Vice President
Name
Diandra Dillon
License
02210049
Brokerage Phone
2136133222
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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