941 South Grand View Street

Los Angeles, CA 90006

$3,575,000
Last Sold Price
14
Beds
13
Baths
8,100 Sq. Ft.
$441 / Sq. Ft.
8,100
Sq. Ft.
$441
per Sq. Ft.

Description

"Built in 1987". This well maintained property located middle of K-town and Down town LA. This building is unit mixed consists of ten one bedroom/ one bath and two two bedroom/ one and one half bathroom units.16 secured gated parking spaces and individual gas and electric meters. Passed HCIDLA inspection Dec. 2020. Recently updated/remolded 8units, roof, fence and paint. Property is sold "AS IS" condition."Built in 1987". This well maintained property located middle of K-town and Down town LA. This building is unit mixed consists of ten one bedroom/ one bath and two two bedroom/ one and one half bathroom units.16 secured gated parking spaces and individual gas and electric meters. Passed HCIDLA inspection Dec. 2020. Recently updated/remolded 8units, roof, fence and paint. Property is sold "AS IS" condition.

Property Details for 941 South Grand View Street

Zoning
LAR4
Parcel Number
5136004020
Total Units
12.0
Living Area
8100
Source Living Area
Vendor Enhanced
Area
Downtown L.A. (C42)
Vacancy Rate
0
Lot Size Area
7500

Location

Listing Courtesy of Bee Investment, Inc., Jenny Kang, DRE #01755711

Sold By Bee Investment, Inc., Jenny Kang, DRE #01755711

Add your commute
LISTING UPDATED: 07/28/2021 03:44 PM

Property Details for 941 South Grand View Street

StatusSold
MLS #21-760416
Days on Market1
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1987
Lot Size0.17 AC / 7,500 SF
CountyLos Angeles County

Location

Listing Courtesy of Bee Investment, Inc., Jenny Kang, DRE #01755711

Sold By Bee Investment, Inc., Jenny Kang, DRE #01755711

Add your commute

Building Information for 941 South Grand View Street

Stories2Residences-Year Built1987Building Size-Lot Size0.17 AC / 7,500 SF

Payment Calculator

$23,268 per month

30 year fixed, 7.25% Interest

Principal and Interest

$19,510

Property Taxes

$3,758

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 941 South Grand View Street

Community / Development
Community / Development
  • Number Of Units: 12
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Vendor Enhanced
  • Number Of Stories: 2
  • Number Of Buildings: 1
  • Type Of Units: 12
  • Property Condition: Updated/Remodeled
  • Sewer: In Street
Contract Info
Contract Info
  • Disclosures: As Is, Property Report, Rent Control
  • Listing Type: Exclusive Right To Sell
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Actual
  • Gross Operating Income: $234,936
  • Net Operating Income: $172,716.00
  • Gross Income: $234,936
  • Cap Rate: 4.73%
  • Gross Rent Multiplier: $15.55
  • Actual Rent Total: $234,936.00
  • Total Annual Expense: 62220
Land / Lot Info
Land / Lot Info
  • Land Lease Type: Fee
  • Land Lease: No
  • Lot Acreage: 0.1722
  • Lot Size Square Feet: 7500
  • Lot Size Dimensions: 50x150
  • Source Lot Size Dimensions: Vendor Enhanced
Parking Details
Parking Details
  • Parking Garage: Assigned, Attached, Auto Driveway Gate, Covered Parking
  • Total Parking: 16
  • Parking Features: Assigned, Auto Driveway Gate, Covered
Interior Features
Interior Features
  • Cooling Type: Other, Window Unit(s)
  • Heating Type: Other
  • Flooring: Mixed, Carpet, Hardwood, Tile
  • Equipment: Dishwasher, Ceiling Fan, Garbage Disposal, Hood Fan
  • Interior Features: Ceiling Fan(s)
  • Laundry: Laundry Area, Community
Exterior Features
Exterior Features
  • Pool: No
  • Private Pool: No
  • Pool Description: None
  • Pool Features: None
  • Construction Materials: Adobe
  • Exterior Construction: Adobe
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 07-13-2021
Unit Details
Unit 1 Information
  • Unit Beds: 1
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $1,700.00
  • Unit Actual Rent: $1,700.00
  • Unit Projected Rent: $2,500.00
  • Like Units: 1
Unit Details
  • Unit Type Type: 2106
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $780,300.00
  • Assessed Improvement Percent: 23.08
  • Assessed Land Value: $2,601,000.00
  • Assessed Land Percent: 76.92
  • Assessed Total Value: $3,381,300.00

Property History for 941 South Grand View Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 941 South Grand View Street

Taxable ValueLand$2,917,200Additions$729,300Total$3,646,500
Tax Record2023$45,094 ($3,758 / month)
Home Facts
Total Finished SqFt8,100 SqFtAbove Grade Finished SqFt8,100 SqFtStories2Lot Size7,500 SqFtStyleMulti-Family Res (5+ Units)Year Built1987ZoningLAR4CountyLOS ANGELESAPN5136-004-020

Schools near 941 South Grand View Street

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Hoover Street Elementary School
PublicK to 5

Berendo Middle School
Public6 to 8

Belmont Senior High School
Public9 to 12

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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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Bee Investment, Inc., Jenny Kang, DRE #01755711

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board 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, Ojai Valley Board 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.