4238 S Grand Avenue

    Los Angeles (City), CA 90037
    • $1,495,000
    • STATUS: Active
    • ON SITE: 36 days
    • ID#: 19421496
    UPDATED: 32 min ago
    $1,495,000
    • 0
      BEDS
    • 0.16
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 5,082
      SQFT
    • $294
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1962
    County:

    School Ratings & Info

    Description

    NEW PRICE. OPPORTUNITY ZONE. We are pleased to present the exclusive listing of a 5,082 SF six-unit apartment building located at 4238 S Grand Ave, east of USC and Exposition Park, south of DTLA and located in the gentrifying South Figueroa Corridor. This centrally located 1960s property boasts a stellar unit mix of five 2 bedroom/1 bathroom units and one 1 bedroom/1 bathroom unit.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-02-15T14:35:27.65. 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. Licensed in the State of California, USA.
    www.bestlahomefinder.com/homes/90722844

    4238 S Grand Avenue Los Angeles (City), CA 90037

    • Price: $1,495,000
    • Status: Active
    • Updated: 32 min ago
    • ID#: 19421496
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.16
    Acres
    5,082
    SQFT
    $294
    $/SQFT
    1962
    Built
    Neighborhood:
    C42 - Downtown L.A.
    County:
    Los Angeles
    Area:
    C42 - Downtown L.A.
    Property Description
    NEW PRICE. OPPORTUNITY ZONE. We are pleased to present the exclusive listing of a 5,082 SF six-unit apartment building located at 4238 S Grand Ave, east of USC and Exposition Park, south of DTLA and located in the gentrifying South Figueroa Corridor. This centrally located 1960s property boasts a stellar unit mix of five 2 bedroom/1 bathroom units and one 1 bedroom/1 bathroom unit.
    Exterior Features

    Lot Size Units Square Feet Parking Features Parking Space Parking YN Yes

    Interior Features

    Cooling See Remarks Cooling YN Yes Laundry Features See Remarks

    Property Features

    Gross Multiplier 10.81 Gross Operating Income 138300.00 Improvements Amount 497090 Land Value 250761 Laundry YN Yes Net Operating Income 93296.00 Special Listing Conditions Standard Total Expenses 40855.00 Zoning Lard2

    Listing provided courtesy of Joshua Ross of Marcus & Millichap


    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-02-15T14:35:27.65. 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. Licensed in the State of California, USA.
     
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