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1635 S Gramercy Place

Los Angeles (City), CA 90019
  • $2,850,000
  • STATUS: Active
  • ON SITE: 33 Days
  • ID#: 22146943
UPDATED: 34 min ago
$2,850,000
  • 0
    BEDS
  • 0.31
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1907
County:

School Ratings & Info

Listing Agent(s): Jenny Yu of Keller Williams Realty Los Feliz (323-300-1000)


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.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2022-05-23T09:35:40.003. 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 deemed reliable but is not guaranteed accurate by the MLS or Legacy 15 Real Estate Brokers. Licensed in the State of California, USA.
www.legacy15.com/homes/127823898
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1635 S Gramercy Place Los Angeles (City), CA 90019

  • Price: $2,850,000
  • Status: Active
  • On Site: 33 Days
  • Updated: 34 min ago
  • ID#: 22146943
0
Beds
0
Baths
0
½ Baths
0.31
Acres
1907
Built
Neighborhood:
C16 - Mid Los Angeles
County:
Los Angeles
Area:
C16 - 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

Direction Faces East Parking Features Uncovered Parking Total 0 Spa Features None Spa YN No

Interior Features

Appliances DishwasherDisposalRefrigerator Flooring CarpetLaminate Heating Wall Furnace Heating YN Yes

Property Features

Association Fee 0 Buyer Financing Cash Gross Income 150000 Levels Multi/Split Listing Agreement Seller Reserved Listing Service Full Service Net Operating Income 0 New Construction YN No Possession Close Of Escrow Property Condition Updated/Remodeled Security Features Security Gate Senior Community YN No Special Listing Conditions Standard Tenant Pays Cable TvElectricityGas Zoning Lar3



Based on information from California Regional Multiple Listing Service, Inc. as of 2022-05-23T09:35:40.003. 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 deemed reliable but is not guaranteed accurate by the MLS or Legacy 15 Real Estate Brokers. Licensed in the State of California, USA.
 
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Legacy 15 Real Estate Brokers
22521 Avenida Empresa Suites 100 & 102
Rancho Santa Margarita CA, 92688
Listing Agent(s): Jenny Yu of Keller Williams Realty Los Feliz (323-300-1000)