838 S Gramercy Pl #7 Active Save Request In-Person Tour Request Virtual Tour
Los Angeles,CA 90005
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