932 S Gramercy Pl, Los Angeles, CA 90019
- $1,680,000
- 10
- BD
- 10
- BA
- 4,800
- SqFt
- List Price
- $1,680,000
- MLS#
- 26865385
- Year Built
- 1966
- Bedrooms
- 10
- Bathrooms
- 10
- Living Sq. Ft
- 4,800
- Lot Size
- 7,502
- Days on Market
- 0
- Property Type
- Multifamily
Property Description
Rare investment opportunity in the highly desirable western section of Koreatown. Situated on a 7,500 SF R3-zoned lot within a TOC Tier 3 area, this well-maintained five-unit apartment building offers stable rental income with strong long-term upside. Approximately 4,800 SF property features five spacious 2-bedroom, 2-bathroom units, a unit mix that continues to be in high demand among renters. The property is occupied by reliable tenants with a strong payment history, providing consistent cash flow for investors. Located on a quiet residential street just west of the heart of Koreatown, the property enjoys close proximity to Hancock Park, Mid-Wilshire, Larchmont Village, Downtown Los Angeles, restaurants, shopping, Metro stations, and major freeways. This central location continues to attract strong tenant demand and offers long-term investment stability. Whether you're looking for a stable income property, a long-term hold, or a future development opportunity, 932 S. Gramercy Place offers the flexibility and potential that investors seek in one of Los Angeles' strongest rental markets.
Additional Information
- Other Buildings
- None
- Heat
- Forced Air
- Cooling
- None
- Number of Cars in Garage
- Assigned
Mortgage Calculator
Courtesy of Seeders Real Estate, Mia Shin - CA DRE#01976563
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