Address available on request, Los Angeles, CA — listing photo 1
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FOR SALENew Listing

Address available on request

Los Angeles, CA 90006
12 Beds
12 Baths
8,276 Sq Ft
Built 1941
$1,475,000

Property Overview

Situated in the highly desirable Pico-Union submarket of Central Los Angeles, these multi-family assets at 924-930 S Grand View Street present a compelling investment opportunity characterized by strong urban infill fundamentals and enduring rental demand. Built in 1941, the properties feature classic architectural character across two well utilized parcels totaling 15,033-square-feet, offering approximately 8,276 gross square feet of residential space. Its strategic location just minutes from Downtown Los Angeles and Koreatown ensures exceptional proximity to major employment hubs, transit corridors, and neighborhood retail amenities, driving consistent tenant pool depth and low historical vacancy. Furthermore, the property's LAR4 zoning designation provides robust underlying land value and future redevelopment potential, making it an ideal acquisition for investors seeking a combination of stable near-term rental cashflow and long-term appreciation in a high-demand submarket. Currently the 2 six-unit buildings are producing $13,559 per month, with, at least, 50% upside upon turnover. The buildings contain 12-1 bedroom units, averaging almost 700sf each. Listed at a 6.1% CAP Rate, a 8.94 GRM and $122,917 CPU, this deal checks all of the boxes. These two buildings are on separate lots with their own APN's.

Home Details

Property type
Residential Income
Year built
1941
Living area
8,276 sq ft
Lot size
15,033 sq ft
Parking
12 spaces
Garage
12 spaces
Stories
2
Days on market
2
MLS status
Active
Zoning
LAR4

Features & Amenities

Appliances

  • Refrigerator

Parking

  • Garage

Community, Schools & Utilities

Community

View
None

Utilities

Heating
Combination
Cooling
None
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Location & Neighborhood

Address available on request

Los Angeles, CA 90006

Frequently Asked Questions About Address available on request

Property type: Residential Income

The current asking price is $1,475,000. Pricing is subject to change and may vary based on market conditions, negotiations, and property updates. Contact our team to verify current pricing.
Yes. Use the Book Visit action or contact form to request an in-person or virtual tour of Address available on request. Our team will confirm availability and timing.
This 12 bedrooms and 12 bathrooms property offers approximately 8,276 square feet of living space. It was built in 1941. Review the listing details and disclosures, then independently verify material features before making a decision.
The property is in Los Angeles, California. Review the map, visit at relevant times of day, and verify schools, commute routes, services, noise, hazards, and local rules for the exact address.
Financing depends on the buyer, lender, property type, condition, appraisal, insurance, and association documents. A qualified lender can confirm available programs and costs for this Los Angeles property.
The MLS currently reports the property as Active. It has been listed for 2 days. Status can change, so verify availability before relying on it.

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Reza Barghlameno

eXp of California

Listing Agent

Name: Jerome McAlpin
MLS ID: CLW-X06070

Available property

$1,475,000

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Data provided by California Regional Multiple Listing Service, Inc. ("CRMLS"). Information is for viewer's personal, non-commercial use. All data should be independently verified for accuracy.