436 S Grand View ST Active Save Request In-Person Tour Request Virtual Tour
Los Angeles,CA 90057
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 6,336 sqft
Price per Sqft $325
MLS Listing ID 24442513
Bedrooms 12
HOA Y/N No
Year Built 1923
Lot Size 6,856 Sqft
Acres 0.1574
Property Description
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.
Location
State CA
County Los Angeles
Area C42 - Downtown L.A.
Zoning LAR4
Rooms
Ensuite Laundry None
Interior
Laundry Location None
Heating Wall Furnace
Cooling Wall/Window Unit(s)
Fireplace No
Appliance Refrigerator
Laundry None
Exterior
Garage None
Community Features Gated
Parking Type None
Building
Story 2
Entry Level Two
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 5154033015
Security Features Gated Community
Special Listing Condition Standard