This 12-unit apartment building is comprised of three (3) 4-unit buildings, totaling 12 units. This 1920's style building, a charming and classic Los Angeles design, is a unique asset. Each unit has direct access to the outside courtyard. The units all face south, overlooking the Grand View Retirement Center. With MacArthur Park to the South and 3rd Street to the North, this multi-family property has a desirable Los Angeles location with walkability and endless amenities in proximity. This well-maintained asset is fully gated and secure, with street parking only, and is separately metered for gas and electric. Rents are currently below market, with excellent 33% upside. The current Cap Rate is 5.92% and current GRM is 10.57.
Property Details
Property Features
Property Information:
Year Built: 1923
Stories: 2
Living Area: 6,336 SqFt
Listing Office:
Office Name: David Ballin Kaufman
Office Phone: (310) 877-8600
Listing Agent: David Kaufman
Interior Features
Interior Information:
Appliances: Refrigerator
Bedroom and Bathroom Information:
Total Bedroom Count: 12
Exterior Features
Parking Information:
Parking: None
Lot Features
Lot Information:
Lot Size: 0.16 Acres
Utilities
Utilities Information:
Heating: Wall Furnace
Cooling: Wall/Window Unit(s)
Other
Directions Information:
Directions: North of 6th Street and South of 3rd Street, West of S Alvarado St and East of S Rampart Blvd
Price Information
Listing Price Info
Price Summary:
List Price: $1,965,000
Price Per SqFt: $310/SqFt
Tax Information:
Annual Amount: $17,219
Tax Year: 2021
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Los Angeles, CA.
This property is $941.5K more than the Median Sold Price and $331/SqFt less than other homes in Los Angeles, CA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: CRMLS
MLS Number: #24442513
Listing Office:
Office Name: David Ballin Kaufman
Office Phone: (310) 877-8600
Listing Agent: David Kaufman
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 11/17/2024, 12:20:55 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Listing History
DATE
EVENT
PRICE
Oct 09, 2002
Oct 09, 2002Home Sold
$540,000
Apr 14, 2000
Apr 14, 2000Home Sold
$125,000
May 27, 1998
May 27, 1998Home Sold
$167,000
Nov 30, 1990
Nov 30, 1990Home Sold
$400,000
Tax History
YEAR
PROP. TAX
ASSESSMENT
2021
$17,219
$1,368,775
2020
$16,725
$1,351,177
2019
$16,640
$1,324,684
2018
$16,252
$1,298,710
2017
$16,252
$1,273,246
History based on county public records data.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$9,875
Per Month
Principal & Interest
$9,808
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$5,958
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
6
/10
Charles White Elementary
2401 Wilshire Blvd
Distance between this listing and this school0.23 miles
Public District Grades 1-5
4
/10
MacArthur Park Elementary School
2300 W 7th St
Distance between this listing and this school0.37 miles
Public District Grades KG-5
4
/10
Union Avenue Elementary
150 S Burlington Ave
Distance between this listing and this school0.53 miles
Public District Grades PK-5
Nearby Schools
6
/10
Equitas Academy 4
631 S Commonwealth Ave
Distance between this listing and this school0.39 miles
Public Charter Grades 5-8
5
/10
Camino Nuevo Charter Academy
697 S Burlington Ave
Distance between this listing and this school0.46 miles
Public Charter Grades KG-8
5
/10
Citizens of the World Charter School Silver Lake
110 N Coronado St
Distance between this listing and this school0.51 miles
Public Charter Grades KG-8
Nearby Schools
2
/10
Harold Mcalister High (Opportunity)
611 S Carondelet St
Distance between this listing and this school0.24 miles
Public District Grades 6-12
9
/10
Rise Kohyang High School
600 S La Fayette Park Pl Fl 3
Distance between this listing and this school0.36 miles
Public Charter Grades 9-12
4
/10
New Village Girls Academy
147 N Occidental Blvd
Distance between this listing and this school0.69 miles
The neighbors living near this home have an average income of $22,103. Most Los Angeles, CA residents have annual incomes less than $35k. Typical family type is single, no kids. The most common level of education of people living in this area is high school diploma.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 436 S Grand View St
What is the listing price of this property?
The listing price of 436 S Grand View St property is $1,965,000.
What type of property is this?
The property 436 S Grand View St is a house located in Los Angeles, California, 90057.
Is this property for sale now?
Active Listing: 436 S Grand View St is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2021 is $17,219 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on October 9, 2002 for $540,000. (source: MLS/tax record).
How many bedrooms and bathrooms does this property have?
The property at 436 S Grand View St has 12 bedrooms and 12 bathrooms.
What is the square footage of this property?
The property 436 S Grand View St is 6,336 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 436 S Grand View St is 1923.
This home is located at 436 S Grand View St in Los Angeles, CA and zip code 90057 in the Central LA neighborhood. This 6,336 square foot home, which was built in 1923, sits on a 0.16 acre lot. Features: 12 bedrooms, 12 bathrooms. It has been listed on Rocket Homes since September 28, 2024 and is currently priced at $1,965,000.
While more than 598 listings in Los Angeles, CA in October 2024 were sold above asking price, there were more than 191 listings sold at asking price, and more than 753 were sold below. The inventory of homes for sale in Los Angeles, CA between September 2024 and October 2024 increased by 11.2%. The median list price of listings available in October 2024 was $1,023,474, while the average time on the real estate market was 38 days.
From Rocket Homes Real Estate and based on county public records data.