Jonathan Prakash of Equity Union Commercial is pleased to present to Grand View Villa Apartments located at 840 S Grand View Street. This 1990 constructed building is currently operating with new parking in place at 10.29 GRM and 6.29% CAP. Further, the subject property is a non-RSO structure permitting the annual rental increases to be 5% plus CPI (Buyer to Verify). Upgrades and Amenities include over 50% Rehabbed Units, Central Air Conditioning, Secured Entry, Landlord Owned Washers and Dryers, Elevator, approximately 62 Sub-terranean Parking Spaces (roughly 35% are leased), New Roof in 2022, and Remodeled Common Areas with Tile Flooring.
DAYS ON MARKET
|
2
|
LAST UPDATED
|
7/2/2025
|
YEAR BUILT
|
1990
|
COMMUNITY
|
C42 - Downtown L.A.
|
COUNTY
|
Los Angeles
|
STATUS
|
Active
|
PROPERTY TYPE(S)
|
Residential Income
|
|
|
AREA |
C42 - Downtown L.A. |
LOT |
0.3364 acre(s) |
PARKING |
Underground |
STORIES |
3+ |
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Listed with Equity Union
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