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$10,300,000
Est. payment /mo
31,476 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 31,476 sqft
Price per Sqft $327
MLS Listing ID CL25560055
HOA Y/N No
Year Built 1990
Lot Size 0.336 Acres
Acres 0.34
Property Sub-Type Other
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
Zoning LAR4
Interior
Fireplace No
Building
New Construction No
Others
Tax ID 5141022026
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Listed by Jonathan Prakash • Equity Union
_Our #1 priority is to find and attract mastery-based agents to partner with, protect our culture, and support our clients needs and desires."
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