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0 Beds
0 Baths
52,871 sqft

$7,300,000

2430 Ocean View Avenue, Los Angeles CA, 90057

Price per sqft$138.07
Built in1929
Property size52,871 sqft
Property typeResidential
Listed by Taylor Avakian CA DRE# 02060040 with Lyon Stahl Investment Real Estate, Inc. 916-996-4421

Overview

Active

Listed May 5, 2026

Updated 3 weeks ago

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 $561,103 in current NOI and a 7.69% in-place cap rate, supported by diversified revenue streams including parking, RUBS, laundry, storage, and other ancillary income. Offered at $7,300,000 ($140,385/unit | ~$138/SF) with a 6.79 current GRM and 5.93 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.

$48,567/mo

Est. mortgage payment based on a $7,300,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
26831741

Interior Features

Bedrooms
0
Bathrooms
0
Heating
Yes
Basement
No

Exterior Features

Lot Size
0.3 Acres

Other Property Details

55+/Senior Community
No
MLS provider logo

Listed by Taylor Avakian CA DRE# 02060040 with Lyon Stahl Investment Real Estate, Inc. 916-996-4421

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 8/25/2026. 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, the 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. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

©2026 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 8/25/2026 at 1:23 AM UTC Last Checked: 1:23 AM UTC

 

 

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