Central Los Angeles Multifamily
For Sale
Contact for pricing
401 S Grand View Street, Los Angeles, CA 90057
Multifamily asset built in 2016 with large units.
Property Size30,636 SF
Price / SF$293.77
Days on Market85
Property Features for 401 S Grand View Street
General Information
Standard status
Active
Size
30,636 SF
Total Parking Spaces
59
Property subtype
Multifamily
Zoning
LAR3-1
Occupancy
90%
Investment Type
Stabilized
Net Operating Income
$474,525
Building Details
Year Built
2016
Buildings
1
Stories
4
Units
59
Tenancy
Multi
Listing Agency:
Northmarq Capital, LLC
Listed By:
Vince Norris · License #CA
Source:
Crexi
Added: May 18
Changed: Aug 8
Last Checked: Aug 8 at 3:48PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Northmarq Capital, LLC
Investment Insights
Based on property information with market context.
This multifamily asset, constructed in 2016, is located in Central Los Angeles. The property consists of units that are 97% two- and three-bedroom configurations, with an average size of 1,021 square feet. The property is positioned in an infill location with access to the Westlake/MacArthur Park Metro Station, Metro B and D subway service, and multiple bus routes. This connectivity offers residents access to Downtown Los Angeles, Koreatown, Hollywood, USC, and the Wilshire Corridor.
Key Highlights
- Built in 2016, offering modern construction and amenities.
- Priced below replacement cost, providing an attractive investment basis.
- Located in a high‑barrier infill location in Central Los Angeles.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
4,735
Businesses Nearby
Explore this area
Business Placement
Demographics for 90057, CA
45,510
Population
17,912
Households
2.5
Avg Household Size
35
Median Age
23%
College-Educated
58%
High-School Grad
0.9 sq mi
ZIP Area
50,567
Density / Sq Mi
$44,876
Median Household Income
$30,849
Median Earnings
$1,395
Median Rent
$694,500
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Multifamily asset built in 2016 with large units.
Where is this apartment building located?
The property is located at 401 S Grand View Street Los Angeles, CA.
What is the asking price?
The asking price for this property is $9,000,000.
What are key features of this property?
This property features: Built in 2016, offering modern construction and amenities.; Priced below replacement cost, providing an attractive investment basis.; Located in a high‑barrier infill location in Central Los Angeles.
