436 S Grand View Street
Los Angeles, CA 90057
- – beds
- – baths
- – sqft
- 6,857 sqft lot
- 1923 build
- – on site
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This 12-unit apartment building is comprised of three (3) 4-unit buildings, totaling 12 units. This 1920's style building, a charming and classic Los Angeles design, is a unique asset. Each unit has direct access to the outside courtyard. The units all face south, overlooking the Grand View Retirement Center. With MacArthur Park to the South and 3rd Street to the North, this multi-family property has a desirable Los Angeles location with walkability and endless amenities in proximity. This well-maintained asset is fully gated and secure, with street parking only, and is separately metered for gas and electric. Rents are currently below market, with excellent 33% upside. The current Cap Rate is 5.92% and current GRM is 10.57.
Last checked:
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Last updated Feb 12, 2025
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MLS# 24442513 —
The Building
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Year Built:1923
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New Construction:No
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Building Area Total:6336.00
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Total Number Of Units:12
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# of Buildings:3
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Stories Total:2
Interior
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Levels:Two
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Laundry:None
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Laundry:1
Location
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Directions:North of 6th Street and South of 3rd Street, West of S Alvarado St and East of S Rampart Blvd
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Latitude:34.06177000
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Longitude:-118.27575800
The Property
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Property Type:Residential Income
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Zoning:LAR4
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Lot Size Area:6857.0000
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Lot Size Acres:0.1574
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Lot Size SqFt:6857.00
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Security Features:Gated Community
Listing Agent
- Contact info:
- No listing contact info available
The Listing
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Special Listing Conditions:Standard
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Parcel Number:5154033015
Heating & Cooling
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Heating:1
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Heating:Wall Furnace
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Cooling:Yes
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Cooling:Wall/Window Unit(s)
Appliances
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Appliances:Refrigerator
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Included:Yes
The Community
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Association:No
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Senior Community:No
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Assessments:No
Parking
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Parking:No
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Parking:None
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Max Internet Speed
Provided by BroadbandNow®
This is the maximum advertised internet speed available for this home. Under 10 Mbps is in the slower range, and anything above 30 Mbps is considered fast. For heavier internet users, some plans allow for more than 100 Mbps.
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
2/7/25
Feb 7, 2025
|
Sold | CRMLS_CA | $1,650,000 | -4.3% |
|
12/17/24
Dec 17, 2024
|
Pending | CRMLS_CA | $1,725,000 | |
|
12/9/24
Dec 9, 2024
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Price Changed | CRMLS_CA | $1,725,000 | -12.2% |
