$1,965,000
For Sale

436 S Grand View Street

Los Angeles, CA 90057
6336 sqft | 12 beds | 0.16 acres | #24442513
Listing OfficeDavid Ballin Kaufman
Browse 3 photos
Type:Multi-Family
Structure:House
Zone:Commercial

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

Gary ElminoufiReal Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
$
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annually
$
monthly

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.

Estimated Monthly Payment
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Loan Amount
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