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    827 S Grand View Street

    Los Angeles (City), CA 90057
    • $4,490,000
    • STATUS: Active
    • ON SITE: 82 days
    • ID#: 21693804
    UPDATED: 191 min ago
    $4,490,000
    • 0
      BEDS
    • 0.35
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 48,200
      SQFT
    • $93
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    2021
    County:

    School Ratings & Info

    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.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-05-10T00:32:46.753. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Alvarado Brothers | Ever Stewart Alvarado Broker. Licensed in the State of California, USA.
    www.thealvaradobrothers.com/homes/114277897
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    827 S Grand View Street Los Angeles (City), CA 90057

    • Price: $4,490,000
    • Status: Active
    • Updated: 191 min ago
    • ID#: 21693804
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.35
    Acres
    48,200
    SQFT
    $93
    $/SQFT
    2021
    Built
    Neighborhood:
    C42 - Downtown L.A.
    County:
    Los Angeles
    Area:
    C42 - Downtown L.A.
    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.
    Exterior Features

    Parking Features None Pool Features None Pool Private YN No

    Interior Features

    Cooling None Cooling YN No Heating None Heating YN No

    Property Features

    Additional Parcels YN Yes Disclosures Rent Control Gross Income 120735 Listing Agreement Seller Reserved Listing Service Full Service Net Operating Income 1025900 Rent Control YN Yes Senior Community YN No Special Listing Conditions Standard Zoning Lar4-Toc Tier 3

    Listing provided courtesy of Tannaz Kamran-Rahbar of Real Estate Source, Inc.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-05-10T00:32:46.753. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Alvarado Brothers | Ever Stewart Alvarado Broker. Licensed in the State of California, USA.
     
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