210 S Commonwealth Ave, Los Angeles, CA 90004
- $3,590,000
- 24
- BD
- 14
- BA
- 10,884
- SqFt
- List Price
- $3,590,000
- MLS#
- 26986135
- Year Built
- 1980
- Bedrooms
- 24
- Bathrooms
- 14
- Living Sq. Ft
- 10,884
- Lot Size
- 7,488
- Days on Market
- 6
- Property Type
- Multifamily
Property Description
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, 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.
Additional Information
- Other Buildings
- Other
- Heat
- Forced Air
- Cooling
- Wall Unit(s)
- Number of Cars in Garage
- Detached
Mortgage Calculator
Courtesy of Ivy Realty Co., Jae Young Lee - CA DRE#01270965
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