941 S Gramercy PL, Los Angeles, CA 90019
941 S Gramercy PL, Los Angeles, CA 90019
941 S Gramercy PL, Los Angeles, CA 90019
941 S Gramercy PL, Los Angeles, CA 90019
941 S Gramercy PL, Los Angeles, CA 90019
941 S Gramercy PL, Los Angeles, CA 90019
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Sam Mu

Sam Mu

+1(949) 258-2228
$ 2,695,000
Est. payment | /mo

12 Beds

12 Baths

7,360 SqFt

Save
$ 2,695,000
Est. payment | /mo
Save

12 Beds

12 Baths

7,360 SqFt

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 7,360 sqft

Price per Sqft $366

MLS Listing ID 26655597

Bedrooms 12

HOA Y/N No

Year Built 1964

Lot Size 6,869 Sqft

Property Description

941 S Gramercy Pl & 210 S Commonwealth Ave, Los Angeles To Be Sold Combined, Total $6,285,000! Location! Priced to Sell! Corner Lot! GRM 12.33! Low Expenses & Separately Metered Gas & Electricity! Seller Motivated! Rare opportunity to acquire two well-maintained apartment buildings in prime Los Angeles. Conveniently located just south of 8th Street and west of Western Avenue near Olympic Boulevard, with easy access to Larchmont Village, Country Club Park, Miracle Mile, Hollywood, and Downtown LA.941 S Gramercy Pl features twelve (12) spacious 1-bedroom, 1-bathroom units with upgraded laminate wood flooring and fourteen (14) on-site parking spaces. Low operating expenses and separate gas and electric meters provide efficient ownership. This property generate $17,906/month ($214,872/year) in gross rental income, offering stable cash flow with strong upside potential. Ideal investment for long-term appreciation in a high-demand rental market.

Location

State CA

County Los Angeles

Area C18 - Hancock Park-Wilshire

Zoning LAR3

Interior

Heating Forced Air

Fireplace No

Laundry Common Area

Exterior

Parking Features Assigned

Pool None

Total Parking Spaces 14

Private Pool No

Building

Entry Level Three Or More

Level or Stories Three Or More

New Construction No

Others

Senior Community No

Tax ID 5081025007

Special Listing Condition Standard

CRMLS Full IDX Feed (MAIN Website Search)
Listed by Ki Seon Im Ivy Realty Co. #01860439

Nearby Locations

Sam Mu

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(949) 258-2228

sammuteam@gmail.com

880 Roosevelt Suite 250, Irvine, California, 92620, United States

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941 S Gramercy PL