2430 Ocean View Avenue Los Angeles, CA ^$ 8,000,000

2430 Ocean View Avenue

^$ 8,000,000

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Recently Listed

2430 Ocean View Avenue

Los Angeles, CA, 90057

^$ 8,000,000

Studio Baths1.0 Sq 52,871

Monthly Estimate*

^$ 49,257

Listed by Lyon Stahl Investment Real Estate, Inc.

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

2430 Ocean View Avenue, Los Angeles, CA 90057 - Image 2

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2430 Ocean View Avenue, Los Angeles, CA 90057 - Image 4

2430 Ocean View Avenue, Los Angeles, CA 90057 - Image 5

2430 Ocean View Avenue, Los Angeles, CA 90057 - Image 6

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2430 Ocean View Avenue, Los Angeles, CA 90057 - Image 9

2430 Ocean View Avenue, Los Angeles, CA 90057 - Image 10

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2430 Ocean View Avenue, Los Angeles, CA 90057 - Image 12

2430 Ocean View Avenue, Los Angeles, CA 90057 - Image 13

Studio

Multi-Family Home for sale in Los Angeles, CA

for $8,000,000 with 1 full bath. This 52,871 square foot home was built in 1929 on a lot size of 0.2991.

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 $552K in current NOI and a 6.90% in-place cap rate, supported by diversified revenue streams including parking, RUBS, laundry, storage, and other ancillary income. Offered at $8,000,000 ($153,846/unit | ~$151/SF) with a 7.44 current GRM and 6.50 pro forma GRM, the asset presents investors with stable cash flow, approximately 16% rental upside through natural tenant turnover, and an attractive basis for a 52-unit vintage asset in central Los Angeles.

Multi-Family Active

Price

^$ 8,000,000

Bedrooms

Studio

Full Bath

Property Type

Multi-Family

Taxes

^$ 0

Style

Lot Size

0.2991

Year Built

1929

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

26831741

Days on Market

Features

General

Living Area 52871

Heating Wall Furnace

Zoning LAR4

Year Built 1929

Levels Multi/Split

Gross Income 1074105

County Los Angeles

Net Operating Income 551535

New Construction false

Property Type Residential Income

HOA false

Full Baths 0

Special Listing Conditions Standard

Status Active

Directions On the corner of Ocean View Ave and S Carondelet St

City Los Angeles

Senior Community Y/N false

Number Of Units Total 52

MLS Area C42 - Downtown L.A.

Lot Size Units Square Feet

Lot Size Square Feet 13028

Standard Status Active

Cap Rate 6.89

Interior

Total Stories 0

Heating Y/N true

Half Baths 0

1/4 Baths 0

3/4 Baths 0

Total Bedrooms 0

Total Baths 0

Exterior

Parking Features Underground

Total Parking 20

Lot Size Area 13028

Number of Buildings 1

Building Area Total 52871

Lot Size Acres 0.2991

* Excluded Features

List By

Lyon Stahl Investment Real Estate, Inc.

Broker

taylor@lyonstahl.com

Affordability Calculator

$49,257

Per Month

Monthly Principal & Interest: $49,257
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 ^$1,879,140

Percent of Sale Price 77%

About Los Angeles, CA

3,920,026 Population

6% Since 2002

^$55,057 Median Income

36.82 Median Age

27% Households with Children

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Trends Information provided by ATTOM Data Solutions.

4827338 Elementary School

4827337 Middle School

Unknown High School High School

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Pricing History

Date	Price	Price Change	Description
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 $8,000,000 with 52,871 sqft and a lot size of 0.2991. 2430 Ocean View Avenue is a studio with 1.0 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 Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 5/14/2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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2430 Ocean View Avenue

Multi-Family Home for sale in Los Angeles, CA

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