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  • 2430 Ocean View Avenue

2430 Ocean View Avenue, Los Angeles, CA 90057

$7,750,000 Approx. USD 0 beds, 0 baths
52,871 sqft

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Photo of Rachelle Levin

Rachelle Levin REALTOR® - Sales Associate 949-793-2010 m
949-793-2010 o
Lic#: 01924622
NRDS ID: 463514645
rlevin@bhhscal.com Text Me
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Lic#: 01924622
NRDS ID: 463514645
rlevin@bhhscal.com Laguna Beach Office
30812 South Coast Hwy
Laguna Beach, CA 92651
Phone: 949-499-5900
Fax: 949-499-1414
 Laguna Beach 30812 South Coast Hwy
Laguna Beach, CA 92651
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Fax: 949-499-1414
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Listing Agent


Taylor Avakian | taylor@lyonstahl.com
Lic#: 02060040
Broker: Courtesy of Lyon Stahl Investment Real Estate, Inc.
Phone: 916-996-4421

Agent Remarks

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.

Listing Details

Property type: (Multi-Family)
Status: Active
MLS# 26831741
List price is $7,750,000 Reduced by $250,000 on 5/28/2026
Price: $7,750,000
Beds: 0
Baths: 0
Built in 1929
52,871 sqft
0.30 acres
Lot size: 0.2991
County: Los Angeles
Zoning: LAR4
Parking description: Underground
Heating description: Wall Furnace
MLS area: C42 - Downtown L.A.

Last Updated: 5/28/2026

 Days On Market (DOM): 44

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This listing belongs to the C42 - Downtown L.A. MLS area

Lat/Long: 34.062458, -118.278006.
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DISCLAIMER: There is NO WARRANTY, expressed or implied, for the accuracy of this information or its applicability to your financial situation. Please consult your financial and/or tax advisor. GET PRE-APPROVED The loan's interest rate will depend upon the specific characteristics of the loan transaction and credit profile up to the time of closing.

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Photo of Rachelle Levin

Rachelle Levin REALTOR® - Sales Associate 949-793-2010 m
949-793-2010 o
Lic#: 01924622
NRDS ID: 463514645
rlevin@bhhscal.com Text Me
Call My Cell
Call My Office
Lic#: 01924622
NRDS ID: 463514645
rlevin@bhhscal.com
Laguna Beach Office
30812 South Coast Hwy
Laguna Beach, CA 92651
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