3833 S Grand Ave, Los Angeles, CA 90037
3833 S Grand Ave, Los Angeles, CA 90037
3833 S Grand Ave, Los Angeles, CA 90037
3833 S Grand Ave, Los Angeles, CA 90037
3833 S Grand Ave, Los Angeles, CA 90037
3833 S Grand Ave, Los Angeles, CA 90037
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$ 2,895,000
Est. payment | /mo

13 Beds

7 Baths

7,484 SqFt


Save
$ 2,895,000
Est. payment | /mo
Save

13 Beds

7 Baths

7,484 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 7,484 sqft

Price per Sqft $386

MLS Listing ID 26107471

Bedrooms 13

Year Built 1954

Lot Size 0.310 Acres

Acres 0.3097

Property Sub-Type Multi-Family

Property Description

3833 S Grand Avenue presents an opportunity to acquire a specialized residential asset currently utilized as transitional housing in Los Angeles and directly adjacent to USC. The property features 13 bedrooms, including 4 private 1-bed 1-bathroom units, across approximately 7,484 square feet of building area on a substantial 13,492-square-foot lot. The property's existing configuration and residential use may make it particularly attractive to a local nonprofit organization seeking to establish or expand a transitional housing operation, a sober living facility, or an affordable housing program, subject to applicable licensing, zoning, occupancy, and regulatory requirements. The property's existing infrastructure and bedroom count offer a potential foundation for an operator seeking to provide residential services while pursuing a mission-driven use. Offered at approximately $387 per square foot, the property combines an established income stream with a specialized residential configuration and potential for future operational repositioning. The substantial 13,492-square-foot lot further contributes to the property's long-term appeal, subject to verification of applicable zoning and development requirements. All financial information and projected returns are estimates and have not been independently verified. Buyers are responsible for independently verifying property information, income, expenses, existing occupancy and operating agreements, permitted uses, licensing requirements, zoning, and any potential development opportunities. Contact the listing broker for additional information.

Location

State CA

County Los Angeles

Area Downtown L.A.

Zoning LACM

Rooms

Other Rooms None

Interior

Heating Wall

Cooling None

Equipment Other

Exterior

Parking Features Uncovered

Garage Spaces 10.0

Building

Lot Description Single Lot

Story 2

Level or Stories Multi/Split

Others

Special Listing Condition Standard

TheMLS (CLAW)
Listed by Kidder Mathews of California, Inc.

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3833 S Grand Ave