Los Angeles, CA 90005,838 S Gramercy Pl #7
Los Angeles, CA 90005,838 S Gramercy Pl #7
Los Angeles, CA 90005,838 S Gramercy Pl #7
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$2,790,000
Est. payment /mo
11 Beds
8 Baths
6,324 SqFt
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Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 6,324 sqft

Price per Sqft $441

MLS Listing ID 24-421053

Bedrooms 11

Year Built 1957

Lot Size 7,502 Sqft

Acres 0.1722

Property Sub-Type Multi-Family

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 Hancock Park-Wilshire

Zoning LAR3

Rooms

Other Rooms Other

Interior

Heating Wall Gas

Cooling None

Flooring Wood

Equipment Other

Laundry Community

Exterior

Parking Features Covered Parking, Assigned

Garage Spaces 8.0

View Y/N No

View None

Building

Story 2

Level or Stories Two

Others

Special Listing Condition Standard


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TheMLS (CLAW)
Listed by Ivy Realty Co.

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agent

John Matukas

+1(323) 377-4961

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