826 Gramercy Place, Los Angeles
Los Angeles 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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- City:
- Los Angeles
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- County:
- Los Angeles
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- Zip:
- 90005
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- MLS® #:
- WS23141948
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- Bedrooms:
- 11
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- Bathrooms:
- 11
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- Lot Size:
- 0.17
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- Levels:
- Two
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- HOA Dues:
- $
Price Change History for 826 Gramercy Place, Los Angeles, (MLS® #WS23141948)
| Date | Details | Price | Change |
|---|---|---|---|
| Price Reduced (from $2,550,000) | $2,400,000 | $150,000 (5.88%) |
Based on information from California Regional Multiple Listing Service, Inc. as of July 14th, 2024 at 6:30pm PDT. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.