$1,650,000
SOLD FEB 7, 2025

436 S Grand View St Los Angeles, CA 90057

Westlake Neighborhood
12 Beds
12 Baths
6,336 Sq Ft
6,857 Sq Ft Lot

Recently Sold

$260 Per Sq Ft

20% Below List Price

81 Days on Market

About This Home

As of February 2025

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 Agent to Sell the Property

David Kaufman

David Ballin Kaufman License #01217537 Listed on: 10/11/2024

Last Buyer's Agent

David Kaufman

David Ballin Kaufman License #01217537 Listed on: 10/11/2024

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1923

Lot Details

  • 6,857 Sq Ft Lot
  • Gated Home

Interior Spaces

  • 6,336 Sq Ft Home
  • 2-Story Property
  • Oven or Range

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 12 Bathrooms

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Mounted To A Wall or Window

Community Details

  • 3 Buildings
  • 12 Units

Listing and Financial Details

  • Tenant pays for gas, electricity
  • The owner pays for water
  • Assessor Parcel Number 5154-033-015

Property Details

Home Type

Multi-Family

Year Built

Built in 1923

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Levels: Two
  • Street Number Display: Yes
  • Living Area: 6336
  • Lot Acreage: 0.1574
  • Stories: 2
  • Year Built: 1923
  • Number Of Photos: 3
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 12
  • Total Bathrooms: 12.00
  • Equipment: Range/Oven, Refrigerator
  • Price Per S Q F T: 272.25

Exterior Features

  • Other Structures: None

Utilities

  • Cooling: Wall/Window
  • Heating: Wall
  • Security: Gated

Lot Info

  • Assessed Improvement Percent: 33.33
  • Assessed Improvement Value: 473442
  • Assessed Land Percent: 66.67
  • Assessed Land Value: 946885
  • Total Assessed Value: 1420327
  • Assessor Parcel Number: 5154-033-015
  • Lot Description: Fenced
  • Lot Size Area: 6857

Rental Info

  • Owner Pays: Water
  • Tenant Pays: Gas, Electricity

Multi Family

  • Unit Type: 2106
  • Gross Rent Multiplier: 10.05
  • Number Of Units: 12
  • Total Annual Expense: 66109
  • Type Of Units: 12
  • Vacancy Rate: 0

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/07/2025 02/07/25 Sold $1,650,000 -4.3% $260 / Sq Ft
12/10/2024 12/10/24 Pending -- -- --
12/09/2024 12/09/24 Price Changed $1,725,000 -12.2% $272 / Sq Ft
10/28/2024 10/28/24 Price Changed $1,965,000 -4.8% $310 / Sq Ft
10/11/2024 10/11/24 For Sale $2,065,000 0.0% $326 / Sq Ft
09/30/2024 09/30/24 Pending -- -- --
09/20/2024 09/20/24 For Sale $2,065,000 -- $326 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • David Kaufman

    Seller's Agent in 2025

    David Kaufman

    David Ballin Kaufman

    (818) 464-3211

    2 in this area

    32 Total Sales

    David Kaufman
    Section Image
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Map

Source: The MLS

MLS Number: 24-442513

The MLS

California Los Angeles County Los Angeles 90057 Westlake

436 S Grand View St, Los Angeles, CA

This home is located at 436 S Grand View St, Los Angeles, CA 90057 and is currently priced at $1,650,000, approximately $260 per square foot. This property was built in 1923. 436 S Grand View St is a home located in Los Angeles County with nearby schools including Charles White Elementary School, John H. Liechty Middle School, and Belmont High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

The MLS © 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). 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.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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