840 South Grand View Street Los Angeles, CA $ 7,500,000
840 South Grand View Street
$ 7,500,000
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840 South Grand View Street

Los Angeles, CA, 90057
$ 7,500,000
Baths0.0 Sq 31,476

Monthly Estimate*

$ 46,179

840 South Grand View Street, Los Angeles, CA 90057 - Image 1
840 South Grand View Street, Los Angeles, CA 90057 - Image 2
840 South Grand View Street, Los Angeles, CA 90057 - Image 3
840 South Grand View Street, Los Angeles, CA 90057 - Image 4
840 South Grand View Street, Los Angeles, CA 90057 - Image 5
840 South Grand View Street, Los Angeles, CA 90057 - Image 6
840 South Grand View Street, Los Angeles, CA 90057 - Image 7
Studio

Multi-Family Home for sale in Los Angeles, CA

for $7,500,000. This 31,476 square foot home was built in 1990 on a lot size of 0.34.

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

Studio

Property Type

Multi-Family

Taxes

$ 0

Style

Contemporary

Lot Size

0.34

Year Built

1990

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

0026651827

Features
General
Living Area 31476.0
Heating Central
Cooling Central Air
Zoning LAR4
Architectural Style Contemporary
Pool Features Private
Security Features Smoke Detector(s) Automatic Gate Gated Community Resident Manager Fire and Smoke Detection System
Year Built 1990
Tenant Pays Electricity Gas
View City Lights
Levels Multi/Split Three or More
Accessibility Other
County Los Angeles
Net Operating Income 462342.0
New Construction No
Property Type C
HOA No
Status Active
City Los Angeles
Entry Location Ground Level w/steps
Senior Community Y/N No
MLS Area C42 - Downtown L.A.
Lot Size Units Square Feet
Lot Size Square Feet 14655.0
Additional Parcels Y/N No
Structure Type None
Standard Status Active
Year Built Source Assessor
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Interior
Interior Amenities Elevator
Flooring Laminate Carpet
Kitchen Appliances Disposal Dishwasher Refrigerator
Fireplace Features Outside
Total Stories 5
Air Conditioning Y/N Yes
Heating Y/N Yes
Fireplace Y/N No
Laundry Features None Washer Included Dryer Included Community
Total Baths 0
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Exterior
Parking Features Subterranean None
Lot Size Area 14655.0
Spa No
Pool Y/N? No
Building Area Total 31476.0
Lot Size Acres 0.34
Land Lease Type Fee
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* Excluded Features
List By
Eric Sackler

Listing Agent

Coldwell Banker Realty

Broker

Affordability Calculator

$46,179
Per Month
100%
0%
0%
Monthly Principal & Interest
$46,179
Monthly Property Taxes
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Monthly Home Insurance
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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
793437 Elementary School
793428 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
3/5/2026$7,500,000 Listed Price

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840 South 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 0.34. 840 South Grand View Street is a studio with 0.0 baths and was built in 1990. The property's zip code is 90057 which is in Los Angeles, CA