950 South Grand Avenue

Off Market

950 South Grand Avenue, Los Angeles, CA 90015

  • Office
  • Government Office
  • 208,313 Sqft

950 South Grand Avenue, Los Angeles, CA 90015 - Office Space

950 South Grand Avenue is located at 950 South Grand Avenue in the Downtown Los Angeles neighborhood, CA, Los Angeles, 90015. The Class B Office building was completed in 1985 and features a total of 208,313 Sqft.

There are 997 office spaces for lease in the Downtown Los Angeles neighborhood, totaling 9,390,728.03 Sqft of available office space. The office space availability for the 90015 zip code is 937,568 Sqft, in 103 office spaces. The average asking office rent per sq. ft. in Downtown Los Angeles is $34.7/sqft/year. For Class A+ office buildings the average office rate is $36.57/sqft/year, for Class A office buildings the average office rate is $39.78/sqft/year, for Class B office buildings the average office rate is $34.11/sqft/year, for Class C office buildings the average office rate is $25.43/sqft/year.

In Downtown Los Angeles, there are 123 class B office buildings. In Downtown Los Angeles, there are a total of 25 LEED certified office buildings. In 1985, the same year 950 South Grand Avenue was built, 833 more commercial properties (office, industrial, retail) over 50,000 square feet were built in Los Angeles, featuring 9,231,170 square feet of commercial space. At zip code level, there are 70 commercial properties, of which 35 are office buildings over 50,000 square feet.

Nearby Listings

Nearby Properties

Details

  • City Los Angeles
  • Neighborhood Downtown Los Angeles
  • Zip Code 90015
  • Market Los Angeles
  • Property Type Office - Government Office
  • Property Size 208,313 Sqft
  • Lot Size 2.61 Acre
  • Parking Spaces Avail. 520
  • Parking Ratio 2.50/ 1,000 SF
  • Property Tenancy Multi-Tenant
  • Building Class B
  • Year Built 1985
  • Date Updated 07 Apr, 2020

Looking for more in-depth information on this property? Find property characteristics, ownership, tenant details, local market insights and more. Unlock data on CommercialEdge.com.

FREQUENTLY ASKED QUESTIONS

What is the total square footage of 950 South Grand Avenue?

950 South Grand Avenue totals 208,313 square feet.

When was this property built?

950 South Grand Avenue was built in 1985.

Downtown Los Angeles Demographics

The average household income in zip code 90015 is $80,232, from a total of 10,270 households. In terms of employment, there are 80.48 % white-collar and 19.52 % blue-collar jobs in zip code 90015.

Population

  • Total Population59,180
  • Male Population(58.0 %) 34,314
  • Female Population(42.0 %) 24,867
  • Median Age39.20

Income/Financial

  • Average Household Income$64,869
  • Median Household Income$40,641
  • Median Income Under 25$31,755
  • Median Income 25-44$73,971
  • Median Income 45-64$26,544
  • Median Income Over 65$13,466