8
See all 8 photos
$2,790,000
Est. payment /mo
11 Beds
8 Baths
6,324 SqFt
Active
838 S Gramercy PL #7 Los Angeles, CA 90005
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Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 6,324 sqft
Price per Sqft $441
MLS Listing ID 24421053
Bedrooms 11
HOA Y/N No
Year Built 1957
Lot Size 7,501 Sqft
Property Description
We are please to announce the sale of 838 S Gramercy place,8 unit apartment. In addition to provide strong cash flow, this apartment provides a new buyer with a successfully investment. This apartment conveniently located near restaurants and bank, bus stop, metro station on Hancock Park Area. The well-maintained building and units at 838 Gramercy ensure a rare investment opportunity, while 100% occupancy reflects the property's strong rental appeal. there is significant value-add potential and substantial rental upside for investors looking to increase income and maximize returns. Located in one of the most desirable streets in the Hancock-Wilshire area and with a 91 Walkability Score, this building has enjoyed both low tenant turnover and high rental demand. Convenient to freeways, top-rated restaurants, shopping, public transportation, nightlife and more. Don't miss this rare opportunity to acquire a high-performing asset with long-term appreciation potential.DO NOT DISTURBED TENANTS. Buyer and buyer's agent to verify and rely on their findings. This property is being "Sold As Is" with no warranty or liability to seller and brokers. No Vacancy
Location
State CA
County Los Angeles
Area C18 - Hancock Park-Wilshire
Zoning LAR3
Interior
Cooling None
Flooring Wood
Fireplace No
Appliance Oven
Laundry Common Area
Exterior
Parking Features Assigned, Covered
View Y/N No
View None
Total Parking Spaces 8
Building
Story 2
Entry Level Two
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 5092025017
Special Listing Condition Standard
Listed by Jae Sung Choi • Ivy Realty Co.