827 South Grand View Street
Description
Property Details for 827 South Grand View Street
Location
Property Details for 827 South Grand View Street
| Status | Active |
|---|---|
| MLS # | 21-693804 |
| Days on Market | 65 |
| Taxes | - |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Residential Income |
| Year Built | 2021 |
| Lot Size | 0.34 AC / 15,000 SF |
| County | Los Angeles County |
Listing Agent
Tannaz Kamran-Rahbar
Real Estate Source, Inc.
Tannazrahbar@yahoo.comP: 310.995.7545
M: 310.995.7545
DRE #00951232
Contact Agent(s)
Location
Building Information for 827 South Grand View Street
Payment Calculator
$15,047 per month
30 year fixed, 2.95% Interest
$15,047
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Property Information for 827 South Grand View Street
- Directions: Just south of Wilshire Boulevard and Just East of Hoover Street. South of McArthur Park
- Year Built Source: Builder
- Zip 4: 3909
- City: Los Angeles
- Zip Code: 90057
- County Or Parish: Los Angeles
- Street Number Numeric: 827
- Street Direction Prefix: S
- Street Name: Grand View
- State: CA
- Parking Garage: None
- Total Parking: 32
- Assessed Improvement Percent: 21.57
- Assessed Improvement Value: $168,300.00
- Assessed Land Percent: 78.43
- Assessed Land Value: $612,000.00
- Assessed Total Value: $780,300.00
- Assessor Parcel Number: 5141-023-006
- Advertising Remarks: OPPORTUNITY ZONE 821-827 South Grand View**Rare double lot assemblage in the booming Westlake area of Los Angeles, just south of McArthur Park, West of DTLA. 100' of frontage on Grand View str. Currently RTI READY, for PROPOSED 60 apartment units. (7 Units Affordable). WALK SCORE 96! One level subterranean parking with 33 spaces, designed with additional height to allow for 'Independent Mechanical Parking' system, giving developers the option to add parking spaces if so desired. Sales package includes the Land, full RTI plans stamped and approved, ready for Buyer to pay and pull building permits, Mechanical, Electrical and Plumbing plans ready and already submitted to the City of LA and included in the purchase price of $75,000/buildable door. All rents are PROJECTED and NOT ACTUAL. Buyer to confirm and verify all details, information and numbers independently. Seller/Agent not liable
- Disclosures: Rent Control
- Probate: No
- Source Living Area: Developer
- Source Lot Size Area: Developer
- Source Lot Size Dimensions: Developer
- Number Of Photos: 3
- Additional Parcel Number: Yes
- Area: Downtown L.A. (C42)
- Lot Acreage: 0.35
- Lot Size Dimensions: 100x150
- Other Structures: None
- Service Level: Full Service
- Living Area: 48200
- Lot Size Area: 15000
- Pool Description: None
- Pool: No
- Baths Total: 4.0
- Cooling: None
- Equipment: None
- Heating: None
- Number Of Stories: 6
- Beds Total: 4
- Scheduled Actual: Scheduled
- Gross Income: $120,735
- Gross Operating Income: $1,448,820
- Net Operating Income: $1,025,900.00
- Total Annual Expense: 391000
- Type Of Units: Apartments
- Unit Type Type: 2106
- Unit Beds1: 1
- Unit Baths1: 1
- Unit Projected Rent1: $2,012.00
- Unit Actual Rent1: $.00
- Unit Furnished1: No
- Like Units1: 60
- Unit Rent1: $2,012.00
- Vacancy Rate: 3%
- Gross Rent Multiplier: $18.00
- Number Of Buildings: 1
- Number Of Units: 60
Property History for 827 S Grand View St
| Date | Event & Source | Price | Appreciation |
|---|---|---|---|
| Apr 5, 2021 | Price Change CRMLS #21693804 | $4,490,000 | — |
| Apr 5, 2021 | Price Change CLAW #21-693804 | $4,490,000 | — |
| Feb 16, 2021 | Listed (Active) CRMLS #21693804 | $4,500,000 | — |
| Date | Event & Source | Price |
|---|---|---|
| 04/05/2021 | Price Change CRMLS #21693804 | $4,490,000 |
| 04/05/2021 | Price Change CLAW #21-693804 | $4,490,000 |
| 02/16/2021 | Listed (Active) CRMLS #21693804 | $4,500,000 |
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 827 South Grand View Street
Schools near 827 South Grand View Street
| School | Type | Grades | Distance | Rating |
|---|---|---|---|---|
| Green Pastures Cultivation Academy | Private | 6-12 | 0.1 mi | NR |
| Macarthur Park Elementary School For The Visual And Performing Arts | Public | K-5 | 0.2 mi | 3 |
| Equitas Academy Charter #2 | Charter | 5-8 | 0.3 mi | 6 |
| Linden School | Private | K-12 | 0.4 mi | NR |
Green Pastures Cultivation Academy 6-12, 0.1 mi, Private | NR |
Macarthur Park Elementary School For The Visual And Performing Arts K-5, 0.2 mi, Public | 3 |
Equitas Academy Charter #2 5-8, 0.3 mi, Charter | 6 |
Linden School K-12, 0.4 mi, Private | NR |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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All data, including all measurements and calculations of area, is obtained from various sources, is approximate, and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of such measurements and Compass expressly disclaims any liability in connection with such measurements.
Listing Courtesy of Real Estate Source, Inc., Tannaz Kamran-Rahbar, DRE #00951232
Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.