Los Angeles, CA 90057 840 S Grand View Street 101
$10,300,000
2 more
Presented By: Jonathan Prakash with Equity Union;
- MLS# 25560055
- 07/02/2025
Disclaimer: The information contained in this listing has not been verified by Sell Buy OC Homes and should be verified by the buyer.
Beds • 51
Baths • 39
SQFT • 31,476
Home Details
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.
Presented By: Jonathan Prakash with Equity Union;
Interior Features for 840 S Grand View Street 101
Bedrooms
Total Bedrooms51
Bathrooms
1/4 Baths0
3/4 Baths0
Half Baths
Total Baths39
Other Interior Features
Air Conditioning Y/NNo
Basement (Y/N)No
Fireplace Y/NNo
Heating Y/NNo
Total Stories3
General for 840 S Grand View Street 101
Additional Parcels Y/NNo
Attached Garage No
Cap Rate6.29
Carport Y/NNo
CityLos Angeles
Community FeaturesGated
CountyLos Angeles
DirectionsSoutheast of the Intersection of Wilshire Blvd and Hoover St.
Facing DirectionWest
Full Baths
Garage Y/NNo
Gross Income1000800.0
HOANo
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsThreeOrMore
Lot Size Square Feet14655.0
Lot Size UnitsSquareFeet
MLS AreaC42 - Downtown L.A.
MobileHomeRemainsYNNo
Net Operating Income648369.0
New ConstructionNo
Number Of Units Total36
Property Attached Y/NNo
Property ConditionAdditionsAlterations
Property TypeResidentialIncome
Rent Control Y/NNo
Security FeaturesSecurityGate, GatedCommunity, KeyCardEntry, ResidentManager
Senior Community Y/NNo
Special Listing ConditionsNoticeOfDefault
Standard StatusActive
StatusActive
Tenant PaysElectricity, Gas
Unit Number101
Year Built1990
ZoningLAR4
Exterior for 840 S Grand View Street 101
Building Area Total31476.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Size Acres0.3364
Lot Size Area14655.0
Number of Buildings1
Parking FeaturesUnderground
Private PoolNo
SpaNo
Total Parking64.0
Waterfront Y/NNo
Additional Details
Price History
Hal Schlegel
Broker Associate