$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