840 S Grand View St #101 Active

Los Angeles,CA 90057

$ 9100000

51 Beds

39 Baths

31476 SqFt


Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 31,476 sqft

Price per Sqft $289

MLS Listing ID 25560055

Bedrooms 51

Year Built 1990

Lot Size 0.336 Acres

Property Sub-Type Multi-Family

Property Description

We are pleased to present to Grand View Villa Apartments located at 840 S Grand View Street. This 1990 constructed building is currently operating with new parking in place at 10.29 GRM and 6.29% CAP. Further, the subject property is a non-RSO structure permitting the annual rental increases to be 5% plus CPI (Buyer to Verify). Upgrades and Amenities include over 50% Rehabbed Units, Central Air Conditioning, Secured Entry, Landlord Owned Washers and Dryers, Elevator, approximately 62 Sub-terranean Parking Spaces (roughly 35% are leased), New Roof in 2022, and Remodeled Common Areas with Tile Flooring.

Location

State CA

County Los Angeles

Area Downtown L.A.

Zoning LAR4

Rooms

Other Rooms None

Interior

Heating Other

Cooling Air Conditioning

Equipment None

Exterior

Parking Features Subterranean

Garage Spaces 64.0

Building

Story 3

Others

Special Listing Condition Notice Of Default

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