255 South Grand Avenue, Los Angeles, CA 90012

Bunker Hill, Downtown Los Angeles, Central LA, Los Angeles
Building in Downtown Los Angeles
Built in 1988
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Welcome to 255 South Grand Avenue, a building located in Bunker Hill, Downtown Los Angeles, Central LA, Los Angeles in Los Angeles, CA. As a quick overview, these are the most up-to-date information we've collected about the property. The building itself was built in 1988. According to local assessors, the total value of the building is currently valued at $98,792,403. Specifically, the value of the land that the property sits on has been assessed at $5,274,899. The building was last assessed in 2023. There are another one buildings located on the same land that 255 South Grand Avenue was built on.

Here's what we know about the features and amenities in this building. While there is no garage access for residents, you will probably be able to find a local garage to park your car at instead. We are not sure what system the building uses for cooling. Sadly, informaton related to the heating system was not disclosed. There is no porch or patio on the premise of the property. For those who love to swim, you'll want to check out community pools nearby as this particular property does not have a swimming pool. The local assessor's office has not provided us with information related to the roof cover material and the type of roof the building has.
Facts
General
Year Built
1988
Effective Year Built
1988
Building Count
3
Bedroom Count
0
Building Condition
unknown
Building Quality
unknown
Construction Type
Concrete
Building Style
unknown
Exterior Walls Type
unknown
Interior Walls Type
unknown
Roof Shape Type
unknown
Roof Cover Type
unknown
Living Units
804
Business/Commerical Units Count
291
Floor Cover
unknown
Basement Type
unknown
Basement Area
0
Garage Type
Garage
Parking Space Count
0
Patio Type
unknown
Porch Type
unknown
Pool Type
Pool
Unit Count
Building Floor Area
Floor Area Ratios
Building
Building Type
Fireproof reinforced concrete frames/Non-combustible materials
Property Class
Residential
Subdivision
30780
Land Acres
1.364
Standard Land Use Code
Apartments (generic)
County Land Use Code
unknown
Legal Description 1
TR=30780 FOR DESC SEE ASSESSORS MAPS POR OF LOT 1
Ownership
Current Owner's Name
GRAND PROMENADE
Mailing Opt Out
T
Owner Address - City
CULVER CITY
Owner Address - State
CA
Owner Address - ZIP Code
90230
Owner First Name
PROMENADE
Owner Last Name
GRAND
Neighborhood
School District Name
Los Angeles Unified School District
Census Tract
207502
Census Block Code
1003
Census Group
1
Census Year
2018
Census - Combined Statistical Area - Area Code
348
Census - Combined Statistical Area - Area Name
Los Angeles-Long Beach, CA
Census - County FIPS
06037
Census - Full FIPS
060372075021003
Census - Metropolitan Division - Area Code
31084
Census - Metropolitan Division - Area Name
Los Angeles-Long Beach-Glendale, CA
Census - Metro Micro Statistical Area - Area Code
31080
Census - Metro Micro Statistical Area - Area Name
Los Angeles-Long Beach-Anaheim, CA
Census - Metro Micro Statistical Area - Area Type
metropolitan
Census - Place FIPS
0644000
Census Source
US Census Bureau
Census State FIPS
06
Census Tract Code
207502
School District - Unified - Grade High
12
School District - Unified - Grade Low
KG
School District - Unified - LEA Code
0622710
School District - Unified - Name
Los Angeles Unified School District
Zoning
Zoning
LAC2
Geography
Assessors Map Reference
44-D3
Subdivision Tract Number
30780
Parcel
5151-015-015
Lot
1
Lot Code
unknown
Municipality
HALL OF ADMIN/CONDO-CENT. CITY
Latitude
34.0537
Longitude
-118.252
FIPS
06037
Mailing Carrier Code
C022
Mailing Full Street Address
5150 OVERLAND AVE
Mailing House Number
5150
Mailing Street Mode
AVE
Mailing Street
OVERLAND
Mailing 4-Digit Zip Code
4914
Geo Status Code
unknown
Valuation
Timestamp
2023-11-02 21:10:51
UCID Flag
U
More About The Building
In total, the building area is listed as 682,553 square feet. The building itself has 432,087 square footage of total floor area. Fun fact, were you aware that buildings can shift depending on temperatures outdoors? This might remind you of middle school science classes, but heat will cause most materials to expand while the cold will cause them to contract. As a result, many architects and engineers often have to make sure that control joints are made up of the right materials and in good condition. The building class code for 255 South Grand Avenue is unknown but given the importance of this information, we will work to update this data as soon as possible.

Interested in learning more about the neighborhood that the property is located in? Buildings in the Downtown Los Angeles area have a median price of $3,200. Those in the 25th percentile, have a price around $2,500. While those in the 75th percentile, have a price around $4,500. Typically, the buildings in this area have a median sqft of 1,020. That means that the median price per sqft is around $3. In other words, the price per sqft for buildings in the 25th percentile is $3. While the price per sqft for buildings in the 75th percentile is $4. As a breakdown, we've included the following stats:

  • There are currently a total of 14 studio listings. The median price for these types of listings is $2,200. That's $3.83 price per sqft.

  • There are currently a total of 41 one bedroom listings. The median price for these types of listings is $2,879. That's $3.25 price per sqft.

  • There are currently a total of 39 two bedroom listings. The median price for these types of listings is $3,950. That's $2.99 price per sqft.

  • There are currently a total of 7 three bedroom listings. The median price for these types of listings is $9,800. That's $4.67 price per sqft.

  • There is currently a single advertised four bedroom listing.
About The Area
255 South Grand Avenue is located in Los Angeles County, California. There are 10,057,155 people living here. There are 3,281,845 households. Most of these households have an average family size of 3.69 people. According to the census, 54% are currently renting while 46% own their homes. The median age of this population is around 35.8 years old. On average, most folks in the county are unmarried. About 57% of folks speak a language other than English in this area. The area's employment rate is currently around 58.6%. Speaking of employment, the median income is $57,952. Most folks will commute by car for around 30.4 minutes. Finally, we know that 21% of residents in the area have graduated with their high school degree. Additionally, 20% and 11% have their Bachelor's and Master's degree, respectfully.

Moving on to the urban area level. Los Angeles - Long Beach - Anaheim, CA Urban Area has a population of 12,492,745 people. Based on census records, there are 4,042,635 registered households. Families in this area are on average made up of 3.68 people per household. Most folks are unmarried. They are also typically around 35.9 years old. Does diversity matter to you? Right now, 56% of folks speak a language other than English here. About 53% rent while 47% purchased their homes. Right now, the community is made up of 20% of residents who have graduated with at least a high school degree. On top of that, 21% have a Bachelor's degree and 11% have a Master's degree. The employment rate is currently around 59.3%. Those employed, have a median income of $60,884. If you move here, you can expect to commute mostly by car for around 29.6 minutes.

$2,200
Studio Median Rent
$2,879
1BR Median Rent
$3,950
2BR Median Rent
$9,800
3BR Median Rent
PUBLIC TRANSIT
14/37
53
55
60
62
70
76
78
487
Metro J Line (Silver) 910/950
Grand / 3rd (Under 500 ft - 3 min walk)
Metro - Los Angeles
4X
GRAND AV + 3RD ST (Under 500 ft - 3 min walk)
TORRANCE TRANSIT SYSTEM
600
Grand Ave & 2nd St (SB) (Under 500 ft - 3 min walk)
City Of Commerce
53
55
60
62
70
76
78
Grand / 2nd (Under 500 ft - 3 min walk)
Metro - Los Angeles
4X
OLIVE ST + GENERAL THADDEUS KOSCIUSZKO WY (540 ft - 3 min walk)
TORRANCE TRANSIT SYSTEM

Nearby Schools

(within attendance boundary)
309 Lucas Ave., Los Angeles, CA 90017
Public  •  Elementary  •  Grades KG to 6
Los Angeles Unified School District
Sal Castro Middle  •  0.86 mi
1575 W. 2nd St., Los Angeles, CA 90026
Public  •  Middle School  •  Grades 6 to 8
Los Angeles Unified School District
450 N. Grand Ave., Los Angeles, CA 90012
Public  •  High School  •  Grades 9 to 12
Los Angeles Unified School District
School zoning information and other data are provided by RealtyHop Schools and 3rd party sources. The contents of the database are not guaranteed to be accurate or timely. Contact the schools or districts before making any decisions using on this data.
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