840 S Grand View St, Los Angeles, Los Angeles County, CA, 90057 Los Angeles CA US

USD 11,495,000
For Sale MLS: 23-252771

Property Details

Bedrooms

51

Bathrooms

4

Neighborhood

Westlake

Property Type

MultiFamily

Description

We are please to present to Grand Villa Apartments located at 840 S Grand View Street. This 1990 constructed building is currently operating at 12.85 GRM and a 4.84% CAP on current financials. 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 72 Sub-terranean Parking Spaces (roughly 35% are leased), New Roof in 2022, and Remodeled Common Areas with Tile Flooring. Find out more about this property. Request details here

Location

Address

840 South Grand View Street, Los Angeles, California 90057, United States

City

Los Angeles

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