2430 Ocean View AV
Los Angeles, CA, 90057
$7,750,000
Beds
0 Baths
52,871 SqFt
0.3 Acres
Add
MLS #26831741 image #0
2430 Ocean View Ave | Chateau Nob Hill Apartments | 52-Unit Multifamily Investment in Westlake, Los Angeles. Originally constructed in 1929 on a ~13,024 SF lot with ~52,871 SF of improvements, this centrally located Los Angeles asset features a well-balanced unit mix consisting of (29) studio units, (17) 1-bed/1-bath units, (3) 2-bed/2-bath units, (2) 3-bed/2-bath units, and (1) bachelor unit. The property offers strong in-place income with approximately $555K in current NOI and a 7.17% in-place cap rate, supported by diversified revenue streams including parking, RUBS, laundry, storage, and other ancillary income. Offered at $7,750,000 ($149,038/unit | ~$147/SF) with a 7.21 current GRM and 6.30 pro forma GRM, the asset presents investors with stable cash flow, approximately 13% rental upside through natural tenant turnover, and an attractive basis for a 52-unit vintage asset in central Los Angeles.

Property Details

Price:
$7,750,000
MLS #:
26831741
Status:
Active
Beds:
0
Baths:
0
Type:
Single Family
Neighborhood:
c42downtownla
Listed Date:
May 13, 2026
Finished Sq Ft:
52,871
Total Sq Ft:
52,871
Lot Size:
13,028 sqft / 0.30 acres (approx)
Year Built:
1929
C42 – Downtown L.a.C42downtownla

Ask a Question

See this Listing

Send
  

Schools

Interior

Heating
WL
Levels
S

Exterior

Parking Spots
20
Parking Total
20

Financial

Gross Operating Income
$1,104,825
Net Operating Income
$555,477

Map

Community

Market Summary

Current real estate data for Single Family in Los Angeles as of Jun 26, 2026
7,376
Single Family Listed
84
Avg DOM
438
Avg $ / SqFt
$1,669,107
Avg List Price

Property Summary

    2430 Ocean View AV Los Angeles CA is a Single Family for sale in Los Angeles, CA, 90057. It is listed for $7,750,000 and features 0 beds, 0 baths, and has approximately 52,871 square feet of living space, and was originally constructed in 1929. The current price per square foot is $147. The average price per square foot for Single Family listings in Los Angeles is $438. The average listing price for Single Family in Los Angeles is $1,669,107.

Similar Listings Nearby

broker reciprocity
MLS# 25628895broker reciprocity
2400 Inverness AV
Los Angeles, CA

$9,985,000

3.6 miles away

broker reciprocity
MLS# 26850557broker reciprocity
3333 W 4th ST
Los Angeles, CA

$9,200,000

0.9 miles away

broker reciprocity
MLS# 26663783broker reciprocity
4048 Farmouth DR
Los Angeles, CA

$8,900,000

3.8 miles away

broker reciprocity
MLS# 25478225broker reciprocity
2731 Beverly BL
Los Angeles, CA

$8,895,000

0.6 miles away

broker reciprocity
MLS# 25549363broker reciprocity
2041 N Vermont AV
Los Angeles, CA

$8,890,000

3.3 miles away

broker reciprocity
MLS# 24377885broker reciprocity
2630 Creston DR
Los Angeles, CA

$8,882,000

4.6 miles away

broker reciprocity
MLS# 26838901broker reciprocity
2623 Ellendale PL
Los Angeles, CA

$8,500,000

2.2 miles away

broker reciprocity
MLS# 26644279broker reciprocity
1769 N Orange DR
Los Angeles, CA

$8,500,000

4.6 miles away

broker reciprocity
MLS# 26834053broker reciprocity
226 S Rimpau BL
Los Angeles, CA

$8,450,000

3.1 miles away

broker reciprocity
MLS# 25569171broker reciprocity
1168 W 36th PL
Los Angeles, CA

$8,200,000

2.9 miles away

2430 Ocean View AV
Los Angeles, CA