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$7,500,000

  • For Sale
  • Active
  • Multi-Family
  • 51 Total Beds
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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 per unit. This building includes 64 gated parking spaces with only 25 currently assigned, offering a massive immediate revenue stream via unbundled parking. Building also features controlled access entry, elevator, central A/C, and landlord-owned laundry facility on site. High-density "workforce housing" location ensures consistent 100% occupancy demand in this location. Situated in the heart of Westlake/MacArthur Park neighborhood in a Designated Opportunity Zone, only minutes from DTLA, Koreatown, and the 101/110/10 freeways. A walk-score paradise (94) near MacArthur Park and major employment hubs. *** Property being sold by court-appointed receiver and may be subject to court confirmation and overbid hearing. Property is being sold AS-IS. **

Full Property Details for 840 S Grand View St

General

  • Price: $7,500,000
  • Status: Active
  • Type: Multi-Family
  • Source: CLAW
  • MLS ID: 26651827
  • Updated: 3/5/2026
  • Added to Site: 51 day(s) ago

Interior

  • Interior Features: Elevator
  • Flooring: Mixed, Carpet, Laminate

Rooms

Bathrooms

  • Total Bathrooms: 39
  • Bathroom Features: Shower and Tub

Bedrooms

  • Total Bedrooms: 51

Other Rooms

  • Laundry: Community, Outside, Laundry Area

Additional Information

  • Shared Amenities: None
  • Pool Description: None
  • Spa Description: None
  • Security/Safety: Automatic Gate, Gated, Resident Manager, Smoke Detector, Fire and Smoke Detection System
  • Other Features: None

Parking

  • Garage Description: Subterranean, Gated Underground, Private Garage

Location

  • Area: Downtown L.A.
  • County: Los Angeles
  • Driving Directions: Southeast of the Intersection of Wilshire Blvd and Hoover Street.

Heating & Cooling

  • Cooling Type: Central
  • Heating Type: Central

Utilities

  • Sewer: In Street
  • Water: Public

Structural Information

  • # Buildings: 1
  • Architectural Style: Contemporary
  • Entry Location: Ground Level w/steps
  • Stories/Levels: 5
  • Square Feet: 31,476
  • Sq. Ft. Source: Assessor
  • Year Built: 1990
  • Year Built Source: Assessor
  • Other Struct. Feat.: Sprinkler System

Unit Information

  • Units in Complex: 36
  • Unit Type: 2106, 2107, 2108

Unit 1

  • Total Bathrooms: 1
  • Bedrooms: 1

Unit 2

  • Total Bathrooms: 1
  • Bedrooms: 2

Unit 3

  • Total Bathrooms: 2
  • Bedrooms: 3

Additional Structures

  • Other Structures: None

Lot Features

  • Property View: City, City Lights
  • Lot Size (Acres): 0.3364
  • Lot Size: 14655
  • Lot Size Source: Assessor
  • Irrigation System: Sprinkler System
  • Zoning: LAR4

Financial Considerations

  • Price Per Sq. Ft.: $238.28
  • Assessment Year: 1990
  • Owner Pays: Water, Gardener
  • Tenant Pays: Gas, Electricity

Disclosures and Reports

  • Disclosures/Reports: Court Approval Required, Rent Control, In Foreclosure, Property Report
  • APN: 5141-022-026
Buyer's Brokerage Compensation: 2%
Not binding unless confirmed by separate agreement among applicable parties.

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— 840 S Grand View St —

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NMLS#: 1598647

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Schools serving 840 S Grand View St

School District:Los Angeles Unified School District
NameGradesDistance
Macarthur Park Elementary School For The Visual And Performing Arts
2300 West 7th Street, Los Angeles, CA 90057
K-50.2 mi
Berendo Middle School
1157 South Berendo Street, Los Angeles, CA 90006
6-80.9 mi
Contreras Learning Center-School Of Social Justice
322 Lucas Avenue, Los Angeles, CA 90017
9-121.1 mi
Belmont Senior High School
1575 West 2nd Street, Los Angeles, CA 90026
9-121.1 mi
Academic Leadership Community School
322 Lucas Avenue, Los Angeles, CA 90017
9-121.1 mi
Miguel Contreras Learning Complex School
322 Lucas Avenue, Los Angeles, CA 90017
9-121.1 mi
Contreras Learning Center-Los Angeles School Of Global Studies
322 Lucas Avenue, Los Angeles, CA 90017
9-121.1 mi
Edward R. Roybal Learning Center
1200 Colton Street, Los Angeles, CA 90026
9-121.5 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 840 S Grand View St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
2/13/2026
Listed
$7,500,000
525%
MLS
6/27/1994
Sold
$1,200,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 840 S Grand View St

Year
Property Taxes
Change
Tax Assessment
Change
2024
$46,969
2%
$11,000,000
211%
2023
$46,119
5%
$3,541,682
2%
2022
$44,070
2%
$3,472,260
2%
2021
$43,366
-1%
$3,404,199
1%
2020
$43,765
4%
$3,369,306
2%
2019
$42,121
1%
$3,302,164
2%
2018
$41,825
2%
$3,237,417
2%
2017
$40,918
3%
$3,173,939
2%
2016
$39,666
1%
$3,111,706
2%
2015
$39,115
-1%
$3,064,967
2%
2014
$39,463
—
$3,004,929
—
2013
$39,459
—
$2,991,349
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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840 S Grand View St, Los Angeles, CA 90057 (MLS# 26651827) is a Multi-Family property with units containing 51 bedrooms and 0 full bathrooms. 840 S Grand View St is currently listed for $7,500,000 and was received on February 13, 2026. This property is listed by Eric Sackler from our Brentwood Office.Want to learn more about 840 S Grand View St? Do you have questions about finding other Multi-Family real estate for sale in Downtown L.A.? You can browse all Downtown L.A. real estate or contact a Coldwell Banker agent to request more information.

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