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941 S Grand View St, Los Angeles, CA 90006
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941 S Grand View St Los Angeles, CA 90006

$3,575,000 Sold Price as of 07/28/2021
  • 1 Beds
  • 2 Baths
  • 8,100 Sq.Ft.
Sold
$3,575,000 Sold Price as of 07/28/2021 Refinance Your Mortgage
Map preview of 941 S Grand View St, Los Angeles, CA 90006

Property Overview: 941 S Grand View St Los Angeles, CA has 1 bedrooms, 2 bathrooms, 8,100 living square feet and 7,500 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: "Built in 1987". This well maintained property located middle of K-town and Down town LA. This building is unit mixed consists of ten one bedroom/ one bath and two two bedroom/ one and one half bathroom units.16 secured gated parking spaces and individual gas and electric meters. Passed HCIDLA inspection Dec. 2020. Recently updated/remolded 8units, roof, fence and paint. Property is sold "AS IS" condition.

Listed by Jenny Kang | BRE #01755711 | Bee Investment, Inc.
Last checked: 50 seconds ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 0

Home details

Lot Sq. Ft
7,500
HOA Dues
$0/mo
Year built
1987
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
21760416
City
Los Angeles
County
Los Angeles
Time on Site
1035 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 12
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $1,700
  • Total Rent: $1,700
  • Pro Forma/Market Rent: $2,500
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 15.55
  • Gross Scheduled Income: --
  • Net Operating Income: $172,716
  • Gross Operating Income: $234,936
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 941 S Grand View St

Interior Features
Laundry Information
  • Has Laundry
  • Community
Room Information
  • Flooring: Carpet, Wood, Tile
Kitchen Information
  • Has Appliances
  • Dishwasher, Disposal
Interior Features
  • Ceiling Fan(s)
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • Has Parking
  • Parking Features: Assigned, Auto Driveway Gate, Covered
Property Information
  • Total # of Units: 12
  • Parcel Number: 5136004020
  • Property Condition: Updated/Remodeled
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Other
Location / Neighborhood
Location Information
  • Directions: One Block North of Olympic Blvd & Two Block East of Hoover St.
View more facts & features

Local Los Angeles Agent

Sale History for 941 S Grand View St

Last leased for $1,650 on June 15th, 2020

  • July, 2021

  • Jul 10, 2021

    Date

    Expired

    CRMLS: 21727968

    $3,650,000

    Price

  • May 10, 2021

    Date

    Active

    CRMLS: 21727968

    $3,650,000

    Price

  • Listing provided courtesy of CRMLS

    "Built in 1987". This well maintained property located middle of K-town and Down town LA. This building is unit mixed consists of ten one bedroom/ one bath and two two bedroom/ one and one half bathroom units.16 secured gated parking spaces and individual gas and electric meters. Passed HCIDLA inspection Dec. 2020. Recently updated/remolded 8units, roof, fence and paint. Property is sold "AS IS" condition.

  • April, 2021

  • Apr 29, 2021

    Date

    Canceled

    CRMLS: 21697586

    $3,638,000

    Price

  • Feb 25, 2021

    Date

    Active

    CRMLS: 21697586

    $3,638,000

    Price

  • Listing provided courtesy of CRMLS

    This well maintained property is located in heart of Los Angeles, just 5 minutes to Downtown LA, neighboring Korea Town, close to 10 and 110 freeways. Built in 1987, city of LAs rent control restrictions do not apply. The building's unit mix consists of ten one-bedroom/one-bath units and two two-bedroom/one-and-one-half-bathroom units. Each unit is separately metered for both gas and electricity. Amenities include on-site laundry, secured entrance, wall A/C units, and individual water heaters. 100% occupied, very low maintenance property. Passed HCIDLA inspection Dec.2020.

  • January, 2021

  • Jan 1, 2021

    Date

    Expired

    CRMLS: 20614962

    $3,649,000

    Price

  • Dec 7, 2020

    Date

    Withdrawn

    CRMLS: 20614962

    $3,649,000

    Price

  • Sep 29, 2020

    Date

    Price Change

    CRMLS: 20614962

    $3,649,000

    Price

  • Sep 15, 2020

    Date

    Price Change

    CRMLS: 20614962

    $3,690,000

    Price

  • Aug 6, 2020

    Date

    Active

    CRMLS: 20614962

    $3,749,000

    Price

  • Listing provided courtesy of CRMLS

    This well maintained property is located in heart of Los Angeles, just 5 minutes to Downtown LA, neighboring Korea Town, close to 10 and 110 freeways. Built in 1987, city of LAs rent control restrictions do not apply. The building's unit mix consists of ten one-bedroom/one-bath units and two two-bedroom/one-and-one-half-bathroom units. Each unit is separately metered for both gas and electricity. Amenities include on-site laundry, secured entrance, wall A/C units, and individual water heaters. 100% occupied, very low maintenance property.

  • July, 2020

  • Jul 16, 2020

    Date

    Leased

    CRMLS: 20552172

    $1,650

    Price

  • Feb 7, 2020

    Date

    Active

    CRMLS: 20552172

    $1,650

    Price

  • Listing provided courtesy of CRMLS

    This well maintained property located middle of K-town and Down town LA. Recently updated unit and spacious living room with wood floor throughout. Refrigerator is included. 1 parking space is provided . Gated and secured parking garage.

  • June, 2020

  • Jun 16, 2020

    Date

    Leased

    CRMLS: 20579240

    $1,650

    Price

  • May 15, 2020

    Date

    Active

    CRMLS: 20579240

    $1,600

    Price

  • Listing provided courtesy of CRMLS

    This well-maintained property located middle of K-town and Down town LA. Recently updated unit and spacious living room with wood floor throughout. A refrigerator is included. 1 parking space is provided. Gated and secured parking garage.

  • December, 2019

  • Dec 17, 2019

    Date

    Leased

    CRMLS: 19535342

    $1,550

    Price

  • Dec 6, 2019

    Date

    Active

    CRMLS: 19535342

    $1,650

    Price

  • Listing provided courtesy of CRMLS

  • May, 2018

  • May 29, 2018

    Date

    Sold

    CRMLS: 17289768

    $3,250,000

    Price

  • Apr 17, 2018

    Date

    Pending

    CRMLS: 17289768

    $3,490,000

    Price

  • Mar 14, 2018

    Date

    Active Under Contract

    CRMLS: 17289768

    $3,490,000

    Price

  • Mar 13, 2018

    Date

    Price Change

    CRMLS: 17289768

    $3,490,000

    Price

  • Dec 26, 2017

    Date

    Active

    CRMLS: 17289768

    $3,590,000

    Price

  • Dec 19, 2017

    Date

    Pending

    CRMLS: 17289768

    $3,590,000

    Price

  • Nov 18, 2017

    Date

    Active

    CRMLS: 17289768

    $3,590,000

    Price

  • Listing provided courtesy of CRMLS

    One of the rare 12 unit Apartment building in Los Angeles. ***NO RENT CONTROL***Built in 1987. This well maintained property located middle of K-town and Down town LA. This building has 16 secured gated parking spaces and individual gas and electric meters. Recently updated most of units.Property is sold "AS IS" condition.

  • May, 2018

  • May 24, 2018

    Date

    Sold (Public Records)

    Public Records

    $3,250,000

    Price

  • August, 2017

  • Aug 9, 2017

    Date

    Expired

    CRMLS: 16979197

    $3,490,000

    Price

  • Nov 4, 2016

    Date

    Withdrawn

    CRMLS: 16979197

    $3,490,000

    Price

  • Apr 26, 2016

    Date

    Price Change

    CRMLS: 16979197

    $3,490,000

    Price

  • Feb 8, 2016

    Date

    Price Change

    CRMLS: 16979197

    $3,690,000

    Price

  • Listing provided courtesy of CRMLS

    The property was constructed in 1987 and therefore not subject to Los Angeles County Rent Control restrictions. Totaling 8,100 square feet, the building's unit mix consists of ten one-bedroom/one-bath units and two two-bedroom/one-and-one-half-bathroom units. Each unit is separately metered for both gas and electricity. Amenities include on-site launday, secured entrance, wall A/C units, and individual water heaters. The propety's 7,500 square foot lot is zoned LAR4.

  • September, 2014

  • Sep 26, 2014

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 941 S Grand View St

Assessed Value (2020): $3,381,300
Year Land Value Improved Value Assessed Value
2020 $2,601,000 $780,300 $3,381,300

Home Value Compared to the Market

This property vs the competition

941 S Grand View St sold on July 28, 2021 for 206.72% higher than the current median sold price for the city of Los Angeles which is $1,190,000. The median sold price per/sqft for Los Angeles is $755 and this home is sold at $450.62 per/sqft which puts the price per square foot 40.32% lower than the current median sale per square foot for the city of Los Angeles.

About 941 S Grand View St

Detailed summary of property

941 S Grand View St is a multi family that recently sold in Los Angeles, CA 90006. This multi family property offered 1 bedrooms, 2 bathrooms, roughly 8,100 living square feet, and sits on an approximately 7,500 square foot lot. 941 S Grand View St was first listed on ArdentRealEstateGroup.com on July 13, 2021. The homeowner sold the property for $3,575,000. Home in Los Angeles are selling for a median price of $1,190,000 and a median price per square foot of $755. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 206.72% higher than the current median priced home. Local homes that are currently for sale include 325 N Union Ave, 1470 W Adams Blvd and 3522 Bellevue Ave. There are currently 3654 homes for sale in the Los Angeles real estate market and 2456 of them are single family homes while 1102 of them are condos and 90 are townhomes. For more information on this home for sale at 941 S Grand View St Los Angeles, CA 90006 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 941 S Grand View St

Public county record property details
Beds
14
Baths
13
Year built
1987
Sq. Ft.
8,100
Lot Size
7,500
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
19
APN
5136-004-020

The source for these homes facts are from public records.

90006 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$799,000
Median List Price/Sq.Ft.
$606
Median Sold Price
$690,000
Median Sold Price/Sq.Ft.
$600
Total Inventory
36
Median Sale to List Price %
98.71%
Avg Days on Market
36
Loan Type
Conventional (0%), FHA (0%), VA (0%), Cash (33.33%), Other (0%)

Thinking of Selling?

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. 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.

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