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840 S Grand View Street Los Angeles, CA $ 7,500,000
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$ 7,500,000 Get more info
840 S Grand View Street
$ 7,500,000
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840 S Grand View Street

Los Angeles, CA, 90057
$ 7,500,000
Bedrooms51 Baths24.0 Sq 31,476

Monthly Estimate*

$ 46,179

Listed by Coldwell Banker Realty
840 S Grand View Street, Los Angeles, CA 90057 - Image 1
840 S Grand View Street, Los Angeles, CA 90057 - Image 2
840 S Grand View Street, Los Angeles, CA 90057 - Image 3
840 S Grand View Street, Los Angeles, CA 90057 - Image 4
840 S Grand View Street, Los Angeles, CA 90057 - Image 5
840 S Grand View Street, Los Angeles, CA 90057 - Image 6
840 S Grand View Street, Los Angeles, CA 90057 - Image 7

Multi-Family Home for sale in Los Angeles, CA

for $7,500,000 with 51 bedrooms and 24 full baths. This 31,476 square foot home was built in 1990 on a lot size of 0.3364.

Grand View Villa Apartments is a 36-unit value-add powerhouse exempt from LA City Rent Control and subject only to AB 1482. Built in 1990, this 31,476 SF asset offers an immediate 6.16% CAP and 8.12 GRM, with a clear proforma path to an 8.5%+ CAP and 6.70 GRM. Features a desirable mix of (3) 3BR/2BA, (9) 2BR/1BA, and (24) 1BR/1BA units and it is priced approximately at 208K per unit. This building includes 64 gated parking spaces with only 25 currently assigned, offering a massive immediate revenue stream via unbundled parking. Building also features controlled access entry, elevator, central A/C, and landlord-owned laundry facility on site. High-density "workforce housing" location ensures consistent 100% occupancy demand in this location. Situated in the heart of Westlake/MacArthur Park neighborhood in a Designated Opportunity Zone, only minutes from DTLA, Koreatown, and the 101/110/10 freeways. A walk-score paradise (94) near MacArthur Park and major employment hubs. *** Property being sold by court-appointed receiver and may be subject to court confirmation and overbid hearing. Property is being sold AS-IS. **

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Multi-Family Active

Price

$ 7,500,000

Bedrooms

51

Full Bath

24

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.3364

Year Built

1990

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

26651827

Days on Market

44
Features
General
Living Area 31476
Sewer Other
Heating Central
Cooling Central Air
Possession Close Of Escrow
Appliances Dishwasher Disposal Refrigerator Dryer Washer
Zoning LAR4
Architectural Style Contemporary
Pool Features None
Security Features Fire Detection System Security Gate Gated Community Resident Manager Smoke Detector(s)
Year Built 1990
Tenant Pays Electricity Gas
View City Lights
Levels Three Or More Multi/Split
Gross Income 924000
Community Features Gated
County Los Angeles
Net Operating Income 462342
New Construction false
Property Type Residential Income
HOA false
Full Baths 0
Special Listing Conditions Standard
Status Active
Directions Southeast of the Intersection of Wilshire Blvd and Hoover Street.
City Los Angeles
Disclosures Rent Control Seller Disclosure
Entry Location Ground Level w/steps
Senior Community Y/N false
Number Of Units Total 36
MLS Area C42 - Downtown L.A.
Lot Size Units Square Feet
Lot Size Square Feet 14655
Spa Features None
Additional Parcels Y/N false
Rent Control Y/N true
Standard Status Active
Occupancy Type Tenant
Year Built Source Assessor
Cap Rate 6.16
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Interior
Interior Amenities Elevator
Flooring Carpet Laminate
Fireplace Features None
Total Stories 5
Air Conditioning Y/N true
Heating Y/N true
Fireplace Y/N false
Half Baths 0
1/4 Baths 0
3/4 Baths 0
Laundry Features Common Area Outside
Total Bedrooms 51
Total Baths 39
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Exterior
Parking Features Underground Private
Total Parking 64
Lot Size Area 14655
Number of Buildings 1
Spa false
Building Area Total 31476
Lot Size Acres 0.3364
Private Pool false
Lot Size Source Assessor
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* Excluded Features
List By
Coldwell Banker Realty

Broker

ericsackler@gmail.com

Email

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Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
3/5/2026$7,500,000 Listed Price

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840 S Grand View Street, Los Angeles, CA, 90057 is a Multi-Family Home for sale at $7,500,000 with 31,476 sqft and a lot size of 0.3364. 840 S Grand View Street has 51 bedrooms, 24.0 baths, and was built in 1990. The property's zip code is 90057 which is in Los Angeles, CA

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