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Foreclosure Home for Sale in 90057

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    $7,500,000

    • 51 Beds
    • 39 Baths
    • 31,476 Sq Ft

    840 S Grand View St, Los Angeles, CA 90057

    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

    Eric Sackler Coldwell Banker Realty

    840 S Grand View St, Los Angeles, CA 90057
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