210 S Commonwealth Ave & 941 S Gramercy PL, Los Angeles, To Be Sold Combined, Total $6,285,000! Location! Priced to Sell! Corner Lot! UNBEATABLE GRM 11.55!! Low Expenses & Easy Maintenance! This 14-unit apartment building is offered only in combination with 941 S Gramercy. Conveniently located close to Hollywood,… Read More Downtown LA, Larchmont, with access to the 110, 101, and 10 Fwy. Built in 1980, the property features ten (10) 2-bedroom, 1-bathroom units and four (4) 1-bedroom, 1-bathroom units. Most units have been upgraded and are in excellent condition. The building includes twenty (20) on-site gated parking spaces and an on-site laundry facility, with low operating expenses and easy maintenance. Rents are currently below market, offering strong upside potential. Current gross rental income: $25,900/month ($310,800 annually). Excellent long-term investment with stable cash flow and future growth potential. Sellers motivated. Read Less
Property listed by Ivy Realty Co., Ki Seon Im 310-259-7556
Listing Snapshot
Days Online
8
Last Updated
Beds
24
Square Ft.
10,884
Lot Size
0.17 Acres
Year Built
1980
MLS Number
26655689
Additional Details
Building
Built in 1980, Living area: 10884.0, 1 building, Levels: Two
Heating
ForcedAir
Income
Gross Income: $310,800
Lot
0.1719 acres, Dimensions: 50x150
Parking
20 total parking spaces, Assigned, Gated
Taxes
Parcel Number: 5501019025, 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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