436 S Grand View Street
Los Angeles, CA 90057
6336 sqft | 12 beds | 0.16 acres | #24442513
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.
Interior Details
- Bedrooms12
Property Details
- Stories2
Measurements
- Acres0.1574
- Square Feet6336
Construction Details
- Property TypeMulti-Family
Condition
- Year Built1923
Community and Neighborhood Details
- CountyLos Angeles
Financial Details
- Original List Price$2,065,000
Other
- MLS #24442513
Location
Legal
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Last Updated: . Source: CRMLS
Listing Courtesy
Listing Agent: David Kaufman (#CLW-X64958)
Listing Office: David Ballin Kaufman (#CLW-X74329)
Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.