436 S Grand View Street Los Angeles, CA 90057
This 12-unit apartment building is comprised of three (3) 4-unit buildings, totaling 12 units. This 1920's style building, a charming and classic Los Angeles design, is a unique asset. Each unit has direct access to the outside courtyard. The units all face south, overlooking the Grand View Retirement Center. With MacArthur Park to the South and 3rd Street to the North, this multi-family property has a desirable Los Angeles location with walkability and endless amenities in proximity. This well-maintained asset is fully gated and secure, with street parking only, and is separately metered for gas and electric. Rents are currently below market, with excellent 33% upside. The current Cap Rate is 5.92% and current GRM is 10.57.
- Property TypeMulti-Family
- NeighborhoodN/A
- CountyLos Angeles
- Taxes$0
- HOA/Condo/Coop Fees$0
- Days on Site9 Days
- MLS StatusActive
- MLS ID Number24442513
- Home Size Source N/A
- Year Built1923
- Lot Size0.1574 Acres
- Full BathsN/A
- Partial BathsN/A
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General Features
- Parking None
- Parking Spaces 0
- Number of Stories 22
- Acreage 0.1574
- Security Gated Community
- Zoning LAR4
- Listing Conditions Standard
Interior Features
- Cooling Wall/ Window Unit(s)
- Heating Wall Furnace
- Appliances Refrigerator
- Laundry Features None
Community Features
- Senior Community No
- MLS Area C42 - Downtown L.A.
- Security Features Gated Community