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… Read More 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. Read Less
Property listed by Ivy Realty Co., Ki Seon Im 310-259-7556
Listing Snapshot
Days Online
8
Last Updated
Beds
12
Square Ft.
7,360
Lot Size
0.16 Acres
Year Built
1964
MLS Number
26655597
Additional Details
Building
Built in 1964, Living area: 7360.0, 1 building, Levels: ThreeOrMore
Heating
ForcedAir
Income
Gross Income: $214,872
Laundry
CommonArea
Lot
0.1577 acres, Dimensions: 55x125
Parking
14 total parking spaces, Assigned
Pool
None
Taxes
Parcel Number: 5081025007, Zoning: LAR3
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Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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