Price Reduced Listing
$1,725,000 $9,260 forsale estimated payment Sourced by Back At You
436 S Grand View Street , Los Angeles, CA 90057
Los Angeles, CA 90057
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.
Details
| Mls | 24442513 |
|---|---|
| Listing Type | For Sale |
| Subtype | Resale |
| Status | Active |
| Year | 1923 |
| Days On Site | 83 |
| Listing Provided By | David Ballin Kaufman 310-877-8600 | David Kaufman |
Features
| Beds | 12 |
|---|---|
| Baths | 12 |
| Sq Feet | 6,336 |
| Storys | 2 |
| Units | 12 |
| Buildings | 3 |
| Zoning | LAR4 |
| Acreage | 0.16 |
Market Activity 90057
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Learn More About This Property
| State | CA |
|---|---|
| County | Los Angeles |
| City | Los Angeles |
| Zip Code | 90057 |
| Area | C42 Downtown L.A. |
| Listing VS Median (in 90057) | |
Price: $1,725,000 low | high Med: $427,500 SqFt: 6,336 low | high Med: 742 $ / SqFt: $272 low | high Med: $577 On Site: 83 low | high Med: 93.000000 | |
Listing Updated: December 11, 2024 at 2:31:57 AM PST
