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1000 S Grand View St
Los Angeles, CA 90006
7.23% CAP | $112K/Unit | $180/SF | 7.23 GRM · Multifamily Property For Sale
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23 Units
Investment Highlights
- Very Attractively Priced at a 7.23% CAP Rate and a 7.23 GRM Based on Current Rents
- High Visibility on Corner of Olympic Boulevard and Grand View Street
- One Mile to LA Live, Crypto.com Arena, and Los Angeles Convention Center
- Available for Less Than $181 per Square Foot and Only $112,826 per Unit
- Outstanding Value-Add Opportunity – Current Rents Approximately 48% Below Market Rates
- New Exterior Paint, Cool Roof, Wood Flooring
Property Facts
| No. Units | 23 | Lot Size | 0.13 AC |
| Property Type | Multifamily | Building Size | 14,340 SF |
| Property Subtype | Apartment | Average Occupancy | 100% |
| Apartment Style | Low-Rise | No. Stories | 3 |
| Building Class | C | Year Built/Renovated | 1922/2007 |
| Zoning | C4, Los Angeles - Commercial | ||
| No. Units | 23 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.13 AC |
| Building Size | 14,340 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built/Renovated | 1922/2007 |
| Zoning | C4, Los Angeles - Commercial |
Amenities
Unit Amenities
- Air Conditioning
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 19 | $1,317 | 550 |
| 1+1 | 4 | $1,302 | 700 |
Property Taxes
| Parcel Number | 5136-014-003 | Improvements Assessment | $925,520 |
| Land Assessment | $980,685 | Total Assessment | $1,906,205 |
Property Taxes
Parcel Number
5136-014-003
Land Assessment
$980,685
Improvements Assessment
$925,520
Total Assessment
$1,906,205
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