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$10,300,000
Est. payment /mo
51 Beds
39 Baths
31,476 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 31,476 sqft
Price per Sqft $327
MLS Listing ID 25560055
Bedrooms 51
Construction Status Additions/Alterations
HOA Y/N No
Year Built 1990
Lot Size 0.336 Acres
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.
Location
State CA
County Los Angeles
Area C42 - Downtown L.A.
Zoning LAR4
Interior
Fireplace No
Exterior
Parking Features Underground
Community Features Gated
Total Parking Spaces 64
Building
Faces West
Story 3
Entry Level Three Or More
Level or Stories Three Or More
New Construction No
Construction Status Additions/Alterations
Others
Senior Community No
Tax ID 5141022026
Security Features Security Gate,Gated Community,Key Card Entry,Resident Manager
Special Listing Condition Notice Of Default
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Listed by Jonathan Prakash Equity Union