Skip To Content

1635 S Gramercy Pl

Los Angeles, CA 90019
  • $2,850,000
  • STATUS: Active
  • ON SITE: 113 Days
  • ID#: 22-146943
UPDATED: 42 min ago
$2,850,000
  • 11
    BEDS
  • 0.31
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 7,697
    SQFT
  • $370
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1907
County:

School Ratings & Info

Description

Very unique 7 unit apartment building in Mid Los Angele with 13,365 SF Lot. 14 parking spaces. Tons of retail shopping locations, a great diversity of restaurants, Schools, public transportation ,and hospital and etc. 1633 Gramercy Pl ( Back Unit) new building built in 2016 which is no rent control and 1635 gramercy pl ( front unit) is existing building with 4764 SF, unit mix is 2 units ( 1 bed + 1 bath) , 1 unit ( 4 beds + 2 baths). The front unit is long time tenants. This is a great potential site for redevelopment or give this property a new facelift. . Upside potential in rent increases. Great Income Property Opportunity with a tons of potential .Property is SOLD AS-IS and with current tenants in place.

Monthly Payment Calculator



Based on information from the Combined LA/Westside Multiple Listing Service as of 2022-08-10T20:43:06.87. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
www.trulinerealty.com/homes/127823521
Print Image

1635 S Gramercy Pl Los Angeles, CA 90019

  • Price: $2,850,000
  • Status: Active
  • On Site: 113 Days
  • Updated: 42 min ago
  • ID#: 22-146943
11
Beds
0
Baths
0
½ Baths
0.31
Acres
7,697
SQFT
$370
$/SQFT
1907
Built
Neighborhood:
Mid Los Angeles
County:
Los Angeles
Area:
Mid Los Angeles
Property Description
Very unique 7 unit apartment building in Mid Los Angele with 13,365 SF Lot. 14 parking spaces. Tons of retail shopping locations, a great diversity of restaurants, Schools, public transportation ,and hospital and etc. 1633 Gramercy Pl ( Back Unit) new building built in 2016 which is no rent control and 1635 gramercy pl ( front unit) is existing building with 4764 SF, unit mix is 2 units ( 1 bed + 1 bath) , 1 unit ( 4 beds + 2 baths). The front unit is long time tenants. This is a great potential site for redevelopment or give this property a new facelift. . Upside potential in rent increases. Great Income Property Opportunity with a tons of potential .Property is SOLD AS-IS and with current tenants in place.
Exterior Features

Covered Parking 2 Direction Faces East Levels Multi/Split Lot Size Area 13350 Other Structures None Parking Garage Uncovered Spa None Spa YN No Total Parking 0

Interior Features

Baths Total 10.00 Cooling Window Unit(S) Equipment DishwasherGarbage DisposalOtherRefrigeratorRange/Oven Flooring LaminateCarpetMixed Heating Wall

Property Features

Assessed Total Value 1384038 Gross Income 150000 Gross Operating Income 150000 Like Units1 1 Like Units2 2 Like Units3 3 Like Units4 4 Like Units5 5 Like Units6 6 Net Operating Income 0.00 Number Of Buildings 2 Number Of Units 7 Owner Pays WaterOther Property Condition Updated/Remodeled Sale Type Standard Security Features Automatic Gate Source Living Area Vendor Enhanced Source Lot Size Area Vendor Enhanced Tenant Pays GasElectricityCable Tv Total Annual Expense 0 Type Of Units Apartments Water Public Water Heaters YN Yes Year Built Source Vendor Enhanced Zoning Lar3

Listing provided courtesy of Jenny Yu DRE#01270838 of Keller Williams Realty Los Feliz.


Based on information from the Combined LA/Westside Multiple Listing Service as of 2022-08-10T20:43:06.87. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
 
https://bt-photos.global.ssl.fastly.net/carets/orig_boomver_1_22-146943-2.jpg https://bt-photos.global.ssl.fastly.net/carets/orig_boomver_1_22-146943-2.jpg https://bt-photos.global.ssl.fastly.net/carets/orig_boomver_1_22-146943-2.jpg
Logo
TruLine Realty
2999 Overland Ave., Suite 116
Los Angeles CA, 90064