2430 Ocean View Avenue Los Angeles, CA ^$ 7,750,000

2430 Ocean View Avenue

^$ 7,750,000

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2430 Ocean View Avenue

Los Angeles, CA, 90057

^$ 7,750,000

Studio Baths0.0 Sq 52,871

Monthly Estimate*

^$ 47,718

2430 Ocean View Avenue, Los Angeles, CA 90057 - Image 1

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Studio

Multi-Family Home for sale in Los Angeles, CA

for $7,750,000. This 52,871 square foot home was built in 1929 on a lot size of 0.3.

2430 Ocean View Ave | Chateau Nob Hill Apartments | 52-Unit Multifamily Investment in Westlake, Los Angeles. Originally constructed in 1929 on a ~13,024 SF lot with ~52,871 SF of improvements, this centrally located Los Angeles asset features a well-balanced unit mix consisting of (29) studio units, (17) 1-bed/1-bath units, (3) 2-bed/2-bath units, (2) 3-bed/2-bath units, and (1) bachelor unit. The property offers strong in-place income with approximately $555K in current NOI and a 7.17% in-place cap rate, supported by diversified revenue streams including parking, RUBS, laundry, storage, and other ancillary income. Offered at $7,750,000 ($149,038/unit | ~$147/SF) with a 7.21 current GRM and 6.30 pro forma GRM, the asset presents investors with stable cash flow, approximately 13% rental upside through natural tenant turnover, and an attractive basis for a 52-unit vintage asset in central Los Angeles.

Multi-Family Active

Price

^$ 7,750,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

^$ 0

Style

Lot Size

0.3

Year Built

1929

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

0026831741

Features

General

Living Area 52871

Heating Wall Furnace

Zoning LAR4

Year Built 1929

Levels Multi/Split

County Los Angeles

New Construction false

Property Type Residential Income

HOA false

Status Active

City Los Angeles

Senior Community Y/N false

MLS Area C42 - Downtown L.A.

Lot Size Units Square Feet

Lot Size Square Feet 13028

Standard Status Active

Interior

Total Stories 0

Heating Y/N true

Total Baths 0

Exterior

Parking Features Subterranean

Lot Size Area 13028

Building Area Total 52871

Lot Size Acres 0.3

* Excluded Features

List By

Taylor Avakian

Listing Agent

Lyon Stahl Investment Real Estate, Inc.

Broker

taylor@lyonstahl.com

Affordability Calculator

$47,718

Per Month

Monthly Principal & Interest: $47,718
Monthly Property Taxes: --
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

Trends
Schools

Multi-family listings in Los Angeles, CA

Average List Price ^$1,915,074

Percent of Sale Price 75%

About Los Angeles, CA

3,920,026 Population

6% Since 2002

^$55,057 Median Income

36.82 Median Age

27% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

4827338 Elementary School

0 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
5/28/2026	$7,750,000	-3.13%	Price Down
5/14/2026	$8,000,000		Listed Price

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2430 Ocean View Avenue, Los Angeles, CA, 90057 is a Multi-Family Home for sale at $7,750,000 with 52,871 sqft and a lot size of 0.3. 2430 Ocean View Avenue is a studio with 0.0 baths and was built in 1929. The property's zip code is 90057 which is in Los Angeles, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: 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.

Listing data provided courtesy of the Internet Data Exchange Program of the California Desert Association of Realtors.

Based on information from the California Desert Association of REALTORS® as of 5/28/2026. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the California Desert Association of Realtors. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors include the name of the listing brokers.

The information being provided is for consumers' personal, non-commercial use and may not be reproduced or redistributed. Its sole purpose is to be used to identify prospective properties consumers may be interested in purchasing.

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2430 Ocean View Avenue

Multi-Family Home for sale in Los Angeles, CA

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