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840 S Grand View StreetLos Angeles, CA 90057

For Sale

$7,500,000

Smart Buyer Rebate $75,000

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. **

Listed by Eric Sackler

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License #01057377

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Coldwell Banker Realty

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310-979-4990

Listed by Susan Lau

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License #01516710

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Coldwell Banker Realty

Last updated March 05, 2026

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Source: CRMLS #26651827

Listing Facts

  • TypeMulti-family
  • NeighborhoodMacarthur Park
  • Bedrooms51
  • Days on Prevu31
  • Size31,476 sqft
  • Price per sqft$238

Amenities

  • Dishwasher
  • Washer/Dryer
  • Air Conditioning
  • Elevator
  • Parking

Location

Mortgage Calculator

Listing History

02/13/2026
Listed by Coldwell Banker Realty
$7,500,000

Property Details for 840 S Grand View Street

Association

Amenities

  • Community Features: Gated

Exterior

Construction

  • Number Of Units Total: 36
  • Stories Total: 5
  • Year Built: 1990
  • Architectural Style: Contemporary
  • Entry Location: Ground Level w/steps

Features

  • View: City Lights

Measurements

  • Building Area Total: 31,476
  • Lot Size Acres: 0.33
  • Lot Size Area: 14,655
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 14,655
  • Lot Size Units: Square Feet

Financial

Residential Income

  • Cap Rate: 6.16
  • Gross Income: $924,000.00

Taxes

  • Parcel Number: 5141022026

Interior

Features

  • Appliances: Dishwasher, Disposal, Refrigerator, Dryer, Washer
  • Flooring: Carpet, Laminate
  • Interior Features: Elevator

Measurements

  • Living Area: 31,476
  • Living Area Source: Assessor

Rooms

  • Bathrooms Total Integer: 39
  • Bedrooms Total: 51

Parking

Parking

  • Parking Features: Underground, Private
  • Parking Total: 64

Utilities

Equipment

  • Cooling: Central Air
  • Has Cooling: Yes
  • Heating: Central
  • Has Heating: Yes
  • Laundry Features: Common Area, Outside
  • Sewer: Other

Frequently Asked Questions

How many bedrooms does this multi-family home have?

There are 51 bedrooms in this multi-family home at 840 S Grand View Street.

Does this multi-family home have parking?

Yes, there are 64 parking spaces available for 840 S Grand View Street.

How does 840 S Grand View Street compare to other multi-family homes in Macarthur Park?

This multi-family home is listed 115% above the average price for multi-family homes in Macarthur Park and has been on the market for 43 less days than the typical home in this area.

What is the square footage on this multi-family home?

According to the MLS, this listing is 31,476 sqft.

840 S Grand View Street is a 51-bedroom multi-family home for sale in Los Angeles CA 90057. Available on Prevu for 31 days at $7,500,000. This residence features 31,476 square feet of living space, located in Macarthur Park. The median listing price for multi-family homes in this area is $785,000. The home offers dishwasher, elevator, air conditioning, parking, and washer/dryer. View other multi-family home listings in Los Angeles.

Based on information from California Regional Multiple Listing Service, Inc. and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.