840 S Grand View Street, Los Angeles, CA 90057

Los Angeles
Local realty services provided by:ERA North Orange County Real Estate
840 S Grand View Street,Los Angeles, CA 90057
$7,500,000
  • 51 Beds
  • 39 Baths
  • 31,476 sq. ft.
  • Multi-family
  • Active
Listed by: eric sackler, susan lau
Office: coldwell banker realty310-820-6651
MLS#:26651827
Source:CRMLS

Price summary

  • Price:$7,500,000
  • Price per sq. ft.:$238.28

About this home

Grand View Villa Apartments is a 36-unit value-add powerhouse exempt from LA City Rent Control and subject only to AB 1482. Built in 1990, this 31,476 SF asset offers an immediate 6.16% CAP and 8.12 GRM, with a clear proforma path to an 8.5%+ CAP and 6.70 GRM. Features a desirable mix of (3) 3BR/2BA, (9) 2BR/1BA, and (24) 1BR/1BA units and it is priced approximately at 208K per unit. This building includes 64 gated parking spaces with only 25 currently assigned, offering a massive immediate revenue stream via unbundled parking. Building also features controlled access entry, elevator, central A/C, and landlord-owned laundry facility on site. High-density "workforce housing" location ensures consistent 100% occupancy demand in this location. Situated in the heart of Westlake/MacArthur Park neighborhood in a Designated Opportunity Zone, only minutes from DTLA, Koreatown, and the 101/110/10 freeways. A walk-score paradise (94) near MacArthur Park and major employment hubs. ***...

Contact an agent

contact an agent

Yes, I would like more information. Please use and/or share my information with an ERA®  affiliated agent to contact me about my real estate needs. By clicking Send message, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If an ERA®  affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE® , CENTURY 21® , Coldwell Banker® , Corcoran® , Sotheby's International Realty® ). I acknowledge that I have read and agree to theTerms of useandPrivacy notice

Home facts

  • Year built:1990
  • Listing ID #:26651827
  • Added:100 day(s) ago
  • Updated:May 23, 2026 at 01:22 PM

Rooms and interior

  • Bedrooms:51
  • Total bathrooms:39
  • Flooring:Carpet, Laminate
  • Kitchen Description:Dishwasher, Refrigerator, Washer
  • Living area:31,476 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:Central Furnace
  • Central air:Yes

Structure and exterior

  • Year built:1990
  • Building area:31,476 sq. ft.
  • Lot area:0.34 Acres
  • Architectural Style:Contemporary
  • Levels:Multi Split, Three Or More

Finances and disclosures

  • Price:$7,500,000
  • Price per sq. ft.:$238.28

Features and amenities

  • Appliances:Dishwasher, Disposal, Dryer, Refrigerator, Washer
  • Laundry features:Common Area, Dryer, Outside, Washer
  • Amenities:Elevator, Fire Detection System, Gated Community, Resident Manager, Security Gate, Smoke Detectors

Parking

  • Total parking spaces:64
  • Parking description:Private, Underground
Based on information from California Regional Multiple Listing Service, Inc. as of June 13, 2026 . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

New listings near 840 S Grand View Street