436 S Grand View Street
Los Angeles, CA 90057
$100,000.00 (-4.84%)
Active for $1,965,000
Beds: 12 Baths: 12 Structure Size: 6,336 sqft Lot Size: 6,857 sqft
| MLS | 24442513 |
| Year Built | 1923 |
| Property Type | |
| County | Los Angeles |
| Status | Active |
| Active | $1,965,000 |
| Structure Size | 6,336 sqft |
| Lot Size | 6,857 sqft |
| Beds | 12 |
| Baths | 12 |
Description
This 12-unit apartment building is comprised of three (3) 4-unit buildings, totaling 12 units. This 1920's style building, a charming and classic Los Angeles design, is a unique asset. Each unit has direct access to the outside courtyard. The units all face south, overlooking the Grand View Retirement Center. With MacArthur Park to the South and 3rd Street to the North, this multi-family property has a desirable Los Angeles location with walkability and endless amenities in proximity. This well-maintained asset is fully gated and secure, with street parking only, and is separately metered for gas and electric. Rents are currently below market, with excellent 33% upside. The current Cap Rate is 5.92% and current GRM is 10.57.
Listing information courtesy of: David Kaufman, David Ballin Kaufman 818-464-3212. *Based on information from the Association of REALTORS/Multiple Listing as of 11/24/2024 and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. 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.
Location
Contact a Local Realtor®
Rose Lupercio
Broker Associate
Direct: 909.215.9604
Email: Email Me
DRE: 00806752
DRE #01873088
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