436 South Grand View Street

Los Angeles, CA 90057

$1,965,000
Price
12
Beds
12
Baths
6,336 Sq. Ft.
$310 / Sq. Ft.
6,336
Sq. Ft.
$310
per Sq. Ft.

Description

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...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.
  1. Listed by David Kaufman • DRE #01217537 • Brokerage DRE #01217537 • David Ballin Kaufman

Property Details for 436 South Grand View Street

Zoning
LAR4
Parcel Number
5154033015
Total Units
12.0
Living Area
6336
Source Living Area
Vendor Enhanced
Area
Downtown L.A. (C42)
Vacancy Rate
0
Lot Size Area
6857
LISTING UPDATED: 10/28/2024 01:06 PM

Property Details for 436 South Grand View Street

StatusActive
MLS #24-442513
Days on Market52
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1923
Lot Size0.16 AC / 6,857 SF
CountyLos Angeles County

Building Information for 436 South Grand View Street

Stories2Residences-Year Built1923Building Size-Lot Size0.16 AC / 6,857 SF

Property Information for 436 South Grand View Street

Community / Development
Community / Development
  • Number Of Units: 12
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Vendor Enhanced
  • Number Of Stories: 2
  • Number Of Buildings: 3
  • Type Of Units: 12
  • Security Features: Gated
Contract Info
Contract Info
  • Disclosures: None
  • Listing Type: Exclusive Agency
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Actual
  • Gross Operating Income: $189,674
  • Net Operating Income: $123,565.00
  • Gross Income: $195,540
  • Cap Rate: 6.29%
  • Gross Rent Multiplier: $10.05
  • Owner Pays: Water
  • Total Annual Expense: 66109
Land / Lot Info
Land / Lot Info
  • Lot Acreage: 0.1574
  • Lot Size Square Feet: 6857
  • Lot Description: Fenced
Parking Details
Parking Details
  • Parking Garage: None
  • Total Parking: 0
  • Parking Features: None
Interior Features
Interior Features
  • Levels: Two
  • Cooling: Wall/Window Unit(s)
  • Cooling Type: Wall/Window
  • Heating: Wall Furnace
  • Heating Type: Wall
  • Equipment: Range/Oven, Refrigerator
  • Laundry: None
Exterior Features
Exterior Features
  • New Construction: No
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 09-20-2024
  • Tenant Pays: Gas, Electricity
Unit Details
Unit 1 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,800.00
  • Unit Actual Rent: $16,295.00
  • Unit Projected Rent: $21,600.00
  • Like Units: 12
Unit Details
  • Unit Type Type: 2106
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $473,442.00
  • Assessed Improvement Percent: 33.33
  • Assessed Land Value: $946,885.00
  • Assessed Land Percent: 66.67
  • Assessed Total Value: $1,420,327.00

Property History for 436 South Grand View Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 436 South Grand View Street

Taxable ValueLand$965,822Additions$486,510Total$1,452,332
Tax Record2024$18,610 ($1,551 / month)
Home Facts
Total Finished SqFt6,336 SqFtAbove Grade Finished SqFt6,336 SqFtLot Size6,855 SqFtStyleMulti-Family Res (5+ Units)Year Built1923ZoningLAR4CountyLOS ANGELESAPN5154-033-015

Schools near 436 South Grand View Street

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - 1 to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Charles White Elementary School
Public1 to 5

John H. Liechty Middle School
Public6 to 8

Academic Leadership Community School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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436 South Grand View Street is a multi-family home for sale in Los Angeles, CA 90057. This property was listed for sale on September 20, 2024 by David Ballin Kaufman, it's currently listed at $1,965,000. It has been on the market for a total of 52 days and was last sold on October 9, 2002. This listing's school district is Los Angeles Unified School District. Nearby schools include Charles White Elementary School, John H. Liechty Middle School and Academic Leadership Community School. 436 South Grand View Street is a 12-bed, 12-bath, 6,336 sqft multi-family home built in 1923.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of David Ballin Kaufman, David Kaufman, DRE #01217537

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.