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CA
Los Angeles
Los Angeles
90057
840 S Grand View Street, Los Angeles, CA, 90057
840 S Grand View Street, Los Angeles, CA, 90057
840 S Grand View Street, Los Angeles, CA, 90057
840 S Grand View Street, Los Angeles, CA, 90057
840 S Grand View Street, Los Angeles, CA, 90057
840 S Grand View Street, Los Angeles, CA, 90057
840 S Grand View Street, Los Angeles, CA, 90057
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$7,500,000

840 S Grand View Street, Los Angeles, CA, 90057

ACTIVE
7 Photos
840 S Grand View Street, Los Angeles, CA, 90057
840 S Grand View Street, Los Angeles, CA, 90057
840 S Grand View Street, Los Angeles, CA, 90057
840 S Grand View Street, Los Angeles, CA, 90057
840 S Grand View Street, Los Angeles, CA, 90057
840 S Grand View Street, Los Angeles, CA, 90057
840 S Grand View Street, Los Angeles, CA, 90057
Unsave
Save
840 S Grand View Street, Los Angeles, CA, 90057
840 S Grand View Street, Los Angeles, CA, 90057
840 S Grand View Street, Los Angeles, CA, 90057
840 S Grand View Street, Los Angeles, CA, 90057
840 S Grand View Street, Los Angeles, CA, 90057
840 S Grand View Street, Los Angeles, CA, 90057
840 S Grand View Street, Los Angeles, CA, 90057
840 S Grand View Street, Los Angeles, CA, 90057
840 S Grand View Street, Los Angeles, CA, 90057
840 S Grand View Street, Los Angeles, CA, 90057
840 S Grand View Street, Los Angeles, CA, 90057
840 S Grand View Street, Los Angeles, CA, 90057

Information

MLS ID: 26651827
Price: $7,500,000
Days On Market: 45
Year Build: 1990
Square Footage: 31,476 Sq ft
Bedrooms: 51

Details

Address: 840 S Grand View Street
County: Los Angeles
City: Los Angeles
Zip: 90057
State: California

Description

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. *** Property being sold by court-appointed receiver and may be subject to court confirmation and overbid hearing. Property is being sold AS-IS. **

Location

Listed By

Listing Agent

Eric Sackler

ericsackler@gmail.com
310-979-4990
Coldwell Banker Realty
Co-Listing Agent

Susan Lau

Coldwell Banker Realty

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Print Details
Based on information from CRISNet MLS all data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Updated: 30th April, 2026 6:32 PM (UTC)
Listing Agent: Eric Sackler
Listing Office: Coldwell Banker Realty
Attribution contact: 310-979-4990

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Based on information from CRISNet MLS all data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Updated: 30th April, 2026 6:32 PM (UTC)

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