Price Reduction - Views
Address
827 S Grand View Street Los Angeles, CA
Price
$ 4,490,000
Property Attributes
  • MLS#21693804
  • TypeIncome
  • CountyLOS ANGELES
  • CityLos Angeles
  • AreaDowntown L.A.
  • Zip90057
  • Style
  • Price$ 4,490,000
  • Bedrooms60
  • Full Bathrooms60
  • Half Bathrooms0
  • Lot Size0.35 Acres
Listing Provided Courtesy Of:
Tannaz Kamran-Rahbar with Real Estate Source, Inc..
Data Source:
CRMLS
Property Description

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 for any information contained herein.

Price History
2/17/2021 Listed $4,500,000
4/5/2021 1% - $4,490,000

General Features

Additional Parcels Y/N Yes
Cooling None
Heating None
MLS Area C42 - Downtown L.A.
Parking Features None
Pool Features None
Property Type Residential Income
Total Units 60
Zoning LAR4-TOC TIER 3

Exterior Features

Lot Dimensions 100x150
Lot Size Acres 0.35
Lot Size Area 15000
Lot Size Square Feet 15000
Lot Size Units Square Feet
Number of Buildings 1

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 90057

Price
AVG $3.87M
$4.49M
Visits
AVG 37
35
Year Built
AVG 1944
2021
Walkscore
AVG 91
95
Data Provided by Walkscore ® not using MLS data

Looking for a more comfortable experience?

Download our mobile app for a personalized browsing experience.

Areas We Cover