840 S Grand View Street Unit 101, Los Angeles, CA 90057

$9,100,000
51
BD
39
BA
31,476
SqFt
List Price
$9,100,000
Price Change
▼ $1,200,000 1753479155
Status
ACTIVE UNDER CONTRACT
MLS#
25560055
Year Built
1990
Bedrooms
51
Bathrooms
39
Living Sq. Ft
31,476
Lot Size
14,655
Acres
0.34
Days on Market
79
Property Type
Multifamily
Stories
Three Or More Levels

Property Description

We are pleased to present to Grand View Villa Apartments located at 840 S Grand View Street. This 1990 constructed building is currently operating with new parking in place at 10.29 GRM and 6.29% CAP. Further, the subject property is a non-RSO structure permitting the annual rental increases to be 5% plus CPI (Buyer to Verify). Upgrades and Amenities include over 50% Rehabbed Units, Central Air Conditioning, Secured Entry, Landlord Owned Washers and Dryers, Elevator, approximately 62 Sub-terranean Parking Spaces (roughly 35% are leased), New Roof in 2022, and Remodeled Common Areas with Tile Flooring.

Additional Information

Attached Structure
Detached
Number Of Units Total
36

Listing courtesy of Listing Agent: Jonathan Prakash (jonathan.prakash@equityunion.com) from Listing Office: Equity Union.

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Based on information from California Regional Multiple Listing Service, Inc. as of . 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.