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Grand View Towers 401 S Grand View St 30 Unit Apartment Building $10,900,000 ($363,333/Unit) Los Angeles, CA 90057
Investment Highlights
- EXCELLENT UNIT MIX IN AN EMERGING URBAN CORE SUBMARKET
- ATTRACTIVE ENTRY PRICING FOR A CENTRAL LA SUBMARKET
- MULTIPLEREPOSITIONING STRATEGIES
Executive Summary
EXCELLENT UNIT MIX IN AN EMERGING URBAN CORE SUBMARKET
MULTIPLEREPOSITIONING STRATEGIES
ONGOING HOUSING DEVELOPMENT SIGNALS MARKET MOMENTUM
ATTRACTIVE ENTRY PRICING FOR A CENTRAL LA SUBMARKET
MULTIPLEREPOSITIONING STRATEGIES
ONGOING HOUSING DEVELOPMENT SIGNALS MARKET MOMENTUM
ATTRACTIVE ENTRY PRICING FOR A CENTRAL LA SUBMARKET
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Property Facts
| Price | $10,900,000 | Building Class | B |
| Price Per Unit | $363,333 | Lot Size | 0.23 AC |
| Sale Type | Investment | Building Size | 30,000 SF |
| No. Units | 30 | Average Occupancy | 97% |
| Property Type | Multifamily | No. Stories | 4 |
| Property Subtype | Apartment | Year Built | 2017 |
| Apartment Style | Mid-Rise | ||
| Zoning | LAR3 - Residential | ||
| Price | $10,900,000 |
| Price Per Unit | $363,333 |
| Sale Type | Investment |
| No. Units | 30 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | B |
| Lot Size | 0.23 AC |
| Building Size | 30,000 SF |
| Average Occupancy | 97% |
| No. Stories | 4 |
| Year Built | 2017 |
| Zoning | LAR3 - Residential |
Amenities
Unit Amenities
- Air Conditioning
- Balcony
- Cable Ready
- Washer/Dryer
- Heating
- Kitchen
- Oven
- Range
- Tub/Shower
Site Amenities
- 24 Hour Access
- Fitness Center
- Gated
- Maintenance on site
- Online Services
- Public Transportation
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 1 | - | 715 |
| 2+2 | 23 | - | 975 |
| 3+2 | 6 | - | 1,250 |
Walk Score®
Walker's Paradise (94)
Transit Score®
Excellent Transit (76)
Property Taxes
| Parcel Number | 5154-036-015 | Improvements Assessment | $8,164,857 |
| Land Assessment | $1,990,821 | Total Assessment | $10,155,678 |
Property Taxes
Parcel Number
5154-036-015
Land Assessment
$1,990,821
Improvements Assessment
$8,164,857
Total Assessment
$10,155,678
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Grand View Towers | 401 S Grand View St
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