$7,500,000
840 S Grand View Street, Los Angeles CA 90057
Multi-Family (36 Units)
Property type
92 days
On market
$238
Price per sqft
N/A
Garage
1990
Year built
14,655 sqft
Lot size
Home highlights
Open Houses
Overview
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...
Listing provided by: Eric Sackler DRE #01057377 310-979-4990, Coldwell Banker Realty, Susan Lau DRE #01516710 310-979-3960, Coldwell Banker Realty
Listing updated: Mar 5, 2026 at 11:42pm.
Last checked: Jun 5, 2026 at 08:00pm
Source: CRMLS #26651827
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 24 | 1 | 1 | — | $1,867 | $44,800 | $55,200 | Unfurnished |
| 9 | 2 | 1 | — | $2,522 | $22,700 | $27,000 | Unfurnished |
| 3 | 3 | 2 | — | $3,167 | $9,500 | $11,100 | Unfurnished |
# of Buildings: 1
# of Units Total: 36
Carpet: 36
Dishwasher: 36
Disposal: 36
Refrigerator: 36
Rent Control: Yes
Tenant Pays: Electricity, Gas
Financial Snapshot
Gross Rent Multiplier
8.1x
List Price / Annual Gross Rent
Cap Rate
6.16%
NOI / List Price
Net Operating Income: $462,342
Interior
Interior Features: Elevator
Flooring: Carpet, Laminate
Cooling: Central Air
Heating: Central
Appliances: Dishwasher, Disposal, Refrigerator, Dryer, Washer
Fireplace: None
Laundry: Common Area, Outside, Dryer Included, Washer Included
Entry Location: Ground Level W, Steps
Exterior
Architectural Style: Contemporary
Stories Total: 5
Levels: Three Or More, Multi Split
Security Features: Fire Detection System, Security Gate, Gated Community, Resident Manager, Smoke Detectors
Pool: None
Spa: None
Sewer: Other
View: City Lights
Garage and Parking
Parking: Underground, Private
Parking Total: 64
Lot Information
Land Lease: No
Parcel #: 5141022026
Additional Parcels: No
Zoning: LAR4
Community
HOA: No
Senior Community: No
Community Features: Gated
Nearby Schools
Nearby schools around the 840 S Grand View Street, Los Angeles, CA 90057. Contact the school or district directly to verify enrollment eligibility.
Payment Calculator
Total Principal
$6,000,000
Total Interest
$7,652,669
Total Payment
$13,652,669
Payoff Date
Jun 2056
PMI is disabled automatically when your down payment is 20% or more.
Est. Payment
$45,887
per month
Property History for 840 S Grand View Street
Los Angeles Market Snapshot
Market stats compare this property with recent MLS activity for similar property types in 90057.
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