1000 S Grand View Street
Los Angeles, CA, 90006
$2,595,000
Beds
0 Baths
SqFt
0.13 Acres
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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.

Property Details

Price:
$2,595,000
MLS #:
25562967
Status:
Active
Baths:
0
Type:
Residential Income
Neighborhood:
c42downtownla
Listed Date:
Jul 9, 2025
Lot Size:
5,700 sqft / 0.13 acres (approx)
Year Built:
1922
C42downtownla

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Market Summary

Current real estate data for Residential Income in Los Angeles as of Oct 23, 2025
1,650
Residential Income Listed
212
Avg DOM
$1,943,637
Avg List Price

Property Summary

    1000 S Grand View Street Los Angeles CA is a Residential Income for sale in Los Angeles, CA, 90006. It is listed for $2,595,000

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