WELCOME TO 645 N GRAMERCY PLACE, A RARE GEM IN THE HEART OF THE HANCOCK PARK NEIGHBORHOOD, HOLLYWOOD AND MID-WILSHIRE, WHERE MODERN UPGRADES MEET TIMELESS CHARM AND FUTURE POSSIBILITIES. THIS FULLY REMODELED DUPLEX SITS ON R3-ZONED LAND, OFFERING BOTH IMMEDIATE COMFORT AND POTENTIAL. BOTH UNITS ARE OCCUPIED AND ONE DOWNSTAIRS… Read More UNIT WILL BE DELIVERED VACANT. GREAT OPPORTUNITY FOR AN OWNER LIVING OR GOOD FOR THE RENTAL INCOME INVESTMENT! EACH SPACIOUS UNIT FEATURES 3 BEDROOMS PLUS A BONUS DEN OR OFFICE, AND 2 BEAUTIFULLY UPGRADED BATHROOMS WITH MODERN BIDETS, DESIGNER TILE, AND SLEEK FIXTURES. THE OPEN-CONCEPT LIVING SPACES ARE FILLED WITH NATURAL LIGHT, ENHANCED BY TRIPLE-PANE WINDOWS, NEWER KITCHENS WITH STAINLESS STEEL APPLIANCES, COLOR-CHANGEABLE LED RECESSED LIGHTING, AND WARM HARDWOOD FLOORS THROUGHOUT. BOTH UNITS ARE EQUIPPED WITH IN-UNIT LAUNDRY, AND EACH DETAIL HAS BEEN THOUGHTFULLY CHOSEN FOR BOTH FUNCTION AND STYLE. BEHIND THE SECURE WROUGHT IRON GATE, THE PROPERTY OFFERS 8+ GATED PARKING SPACES, INCLUDING A 2-CAR GARAGE, A PRIVATE DRIVEWAY, AND EVEN AN EV CHARGING STATION. A SURROUND SECURITY SYSTEM OFFERS PEACE OF MIND, WHILE THE UNBEATABLE LOCATION, MINUTES TO LARCHMONT VILLAGE, PARAMOUNT STUDIOS, KOREATOWN, AND DTLA MAKES THIS HOME AS CONVENIENT AS IT IS CHARMING. WHETHER YOU'RE AN OWNER-USER LOOKING FOR SPACE AND INCOME, OR AN INVESTOR EXPLORING THE FUTURE BENEFITS OF R3 ZONING, THIS DUPLEX OFFERS THE PERFECT BALANCE OF COMFORT, POTENTIAL, AND LOCATION. Read Less
Property listed by New Star Realty & Investment, Lena Byun 213-760-0044
Listing Snapshot
Days Online
2
Last Updated
Property Type
Duplex
Lot Size
0.11 Acres
Year Built
1965
MLS Number
PW25150475
30 Days Snapshot Of 90004
$1.64M
-4%
(avg) sold price
7
+40%
homes sold
114
+37%
(avg) days on market
Snapshot
Area Map
Additional Details
Appliances & Equipment
Dryer, Washer
Building
Built in 1965, Building area total: 2,888, Levels: One, Two, 1 story, 1 building, Common walls: NoCommonWalls
Community
StreetLights, Sidewalks
Cooling
Electric, WallWindowUnits
Expenses
Insurance expense: $2,000, New taxes expense: $22,500, Operating expense: $200, Water sewer expense: $2,400
Garage
2 spaces
Heating
Electric, Radiant
Income
Gross income: $97,800, Net operating income: $7,950
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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