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840 S Grand View St, 
Los Angeles, CA 90057

$7,500,000


51

Beds


39

Baths


31,476

Sq Ft


Multi-Family

Active

Listed by

Susan Lau

Eric Sackler

310-820-6651

Last updated:

March 6, 2026, 12:32 AM

MLS#

26651827

Source:

CA CLAW

Company Logo

About This Home

840 S Grand View St

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. **

Home Facts

Multi-Family

39 Baths

51 Bedrooms

Built in 1990

Price Summary

7,500,000

$238 per Sq. Ft.

MLS #:

26651827

Last Updated:

March 6, 2026, 12:32 AM

Added:

a month ago


Rooms & Interior

Bedrooms

Total Bedrooms:

51

Bathrooms

Total Bathrooms:

39

Interior

Living Area:

31,476 Sq. Ft.


Structure

Structure

Architectural Style:

Contemporary

Year Built:

1990


Lot

Lot Size (Sq. Ft):

14,655


Finances & Disclosures

Finances

Price:

$7,500,000

Price per Sq. Ft:

$238 per Sq. Ft.

Source:CA CLAW
The information being provided by The Mls/Claw is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information is deemed reliable but not guaranteed and should therefore be independently verified. © 2026 The Mls/Claw All rights reserved.

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.