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1000 S Grand View Street

Los Angeles, CA 90006

– beds
– baths
– sqft
5,700 sqft lot
1922 build
– on site

With excellent visibility on the corner of Olympic Boulevard and Grand View Street, the property sits only one mile from LA Live, Los Angeles' sprawling 5.6 million square foot sports and entertainment complex that was constructed for approximately $2.5 billion in recent years. With LA Live and the neighboring Crypto.com Arena, Los Angeles Convention Center, and nearby Los Angeles Coliseum scheduled to host events in the 2028 Summer Olympics, the entire local area stands to benefit from upcoming infrastructure improvements and an influx of capital to the area. Available at a 7.23% CAP Rate and 7.23 GRM based on current income, the property allows an investor the opportunity to potentially recapture approximately 48% in rent upside. Attractively priced when compared to similar recent sales, the building is being offered for less than $181 per square foot and only $112,826 per unit. Because the building is not on the Los Angeles Department of Building and Safety's seismic retrofit list, a new owner can save significant funds from otherwise costly seismic repairs (Buyer to verify). Situated near the intersection of Olympic Boulevard and Hoover Street, the property offers tenants proximity to the ample job centers throughout Downtown Los Angeles, Koreatown, and the nearby University of Southern California. Residents also enjoy convenient access to the 110, 10, and 101 Freeways, while the Metro B Line and D Line subways, along with several Metro bus stops, are all within blocks of the property.

Listed By CRMLS_CA / Roderick 'Rick' Raymundo / Marcus & Millichap

Last checked: Checking… • Last updated Jul 15, 2025 •

MLS# 25562967 —

The Building

Year Built:

1922
New Construction:

No
Building Area Total:

14340.00
Total Number Of Units:

23
# of Buildings:

1
Stories Total:

3

Interior

Levels:

Multi/Split

Location

Directions:

We are pleased to announce the opportunity to purchase 1000 S Grand View Street, a 23-unit multifamily property situated in Los Angeles, CA between Koreatown and Downtown Los Angeles.
Latitude:

34.05248200
Longitude:

-118.28184300

The Property

Property Type:

Residential Income
Zoning:

LAC4
Lot Size Area:

5700.0000
Lot Size Acres:

0.1309
Lot Size SqFt:

5700.00
Lot Size Source:

Assessor

Listing Agent

Contact info:

The Listing

Special Listing Conditions:

Standard
Parcel Number:

5136014003

Appliances

Included:

Yes

The Community

Association:

No
Senior Community:

No
Assessments:

No

Parking

Parking:

Yes
Parking:

Assigned

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Transit Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
7/10/25 Jul 10, 2025	Listed / Active	CRMLS_CA	$2,595,000	66.9% (5.8% / YR)
12/27/13 Dec 27, 2013		CRMLS_CA	$1,555,000

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This multifamily located in Central LA, Los Angeles, CA 90006 is currently for sale for $2,595,000. 1000 S Grand View Street is a – square foot multifamily with – beds and – baths that has been on Estately for 5 days. 1000 S Grand View Street is in the Central LA neighborhood of Los Angeles and has a WalkScore® of 94, making it a walker’s paradise. This multifamily is in the attendance area of Berendo Middle School, Belmont Senior High School, Edward R. Roybal Learning Center, Macarthur Park Elementary Visual And Performing Arts School, Miguel Contreras Learning Complex - Business And Tourism, Miguel Contreras Learning Complex - Los Angeles School Of Global Studies, Ramon C Cortines School Of Visual And Performing Arts, Miguel Contreras Learning Complex - School Of Social Justice, and Miguel Contreras Learning Complex - Acdemic Ldrshp Community.

Listing Courtesy of: CRMLS_CA and Marcus & Millichap. Based on information from California Regional Multiple Listing Service, Inc. as of 17:53 on Jul 15.

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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.