826 S Gramercy Place,
Home For Sale
This 8 unit two story apartment complex is located in the heart of the mid-Wilshire area near Koreatown, Hancock Park, and downtown Los Angeles. It is situated on a quiet street and is conveniently located near markets and restaurants. The apartment complex, which consists of one 3+2, two 2+2, four 1+1, and one studio units, has on site parking and is always in high demand with very little vacancy. The current rents are low so there is potential for a significant increase in rental income. In addition, the on-site laundry facility also currently provides additional income for the owner which is about $200/month or $2,400/year. The apartment, which recently has a new roof, is a low maintenance building, is easy to maintain, and is to be sold as-is present condition.
Property Details
Additional Information
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- County:
- Los Angeles
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- Zip:
- 90005
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- MLS® #:
- WS23141948
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- Bedrooms:
- 8
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- Lot Size:
- 0.17
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- Neighborhood:
- LOS ANGELES (90005)
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Listing information last updated on July 6th, 2024 at 3:16pm PDT.