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840 S Grand View St
Los Angeles, CA 90057 MacArthur Park

Price Upon Request

Apartments For Sale  •  31,476 SF

Property Details

  • Property Type Apartments
  • Total Building Size 31,476 SF
  • Lot Size 0.34 AC
  • Building Class B
  • Year Built 1990
  • Zoning LAR4
84 Transit Score
96 Walk Score

Highlights

1990 Construction - Not Subject to City of LA Rent Control, Only Subject to AB 1482 State Rent Control Which Allows 5% + CPI Annual Rent Increases
Located in a Designated Opportunity Zone and May be Eligible for Preferential Tax Treatment
Operating at a Current 6.49% Cap Rate and 9.50 Gross Rent Multiplier
In Close Proximity to Major Venues in the “Downtown Sports Park” for the 2028 Summer Olympics in LA - LA Coliseum, Crypto.com Arena, & BMO Stadium
The Roof was Replaced in 2022
Family Owned and Operated for the Last 30 Years

Public Transportation

Commuter RailDriveWalkDistance
Union Station (91 Line - Southern California Regional Rail Authority (Metrolink), Antelope Valley Line - Southern California Regional Rail Authority (Metrolink), Orange County Line - Southern California Regional Rail Authority (Metrolink), Riverside Line - Southern California Regional Rail Authority (Metrolink), San Bernardino Line - Southern California Regional Rail Authority (Metrolink), Ventura County Line - Southern California Regional Rail Authority (Metrolink)) 10 min - 3.6 mi
8 min - 3.8 mi
Transit/SubwayDriveWalkDistance
Westlake/MacArthur Park Station (Purple Line - Los Angeles County Metropolitan Transportation Authority (Metro), Red Line - Los Angeles County Metropolitan Transportation Authority (Metro)) 1 min 7 min 0.4 mi
AirportDriveWalkDistance
Bob Hope 23 min - 13.5 mi
Los Angeles International 24 min - 13.9 mi
Long Beach (Daugherty Field) 32 min - 22.9 mi

Parking Details

Parking Available: Yes
Reserved: No
Type: Surface
Included in Rent: Yes