JUST REDUCED $300,000. 1970’s construction means LARGE units…in Arlington Heights. Mid City buildings, like this, are highly walkable to dining, retail and dining along Venice Blvd. and Western Ave. Seismically-retrofitted carport parking, as well as open spots in rear. Attractive curb appeal and 20+ years newer than the ‘typical’ LA building, built in the 50s or 60s. Massive, unrealize upside. Scheduled allowable rent increase of 4% in early 2024.Part of a 4-Building, 75-unit Portfolio Sale. Available together or separately. The other 3 addresses are as follows: 17 units at 1876 Buckingham Rd., 20 units at 1554 S. Gramercy Pl. and 20 units at 2340-42 Crenshaw Bl.
Property Details
Price:
$4,299,000
MLS #:
23324387
Status:
Active
Baths:
0
Address:
1819 S Gramercy Place
Type:
Residential Income
Neighborhood:
c16midlosangeles
City:
Los Angeles
Listed Date:
Oct 23, 2023
State:
CA
ZIP:
90019
Lot Size:
17,804 sqft / 0.41 acres (approx)
Year Built:
1972
See this Listing
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Schools
Interior
Cooling
None
Heating
Wall Furnace
Exterior
Parking Features
Carport
Parking Spots
18.00
Stories Total
3
Financial
Map
Community
- Address1819 S Gramercy Place Los Angeles CA
- AreaC16 – Mid Los Angeles
- CityLos Angeles
- CountyLos Angeles
- Zip Code90019
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Courtesy of CBRE, Inc.. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than include the name of the listing broker. Neither the listing company nor shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2024. California Regional Multiple Listing Service. All rights reserved.
1819 S Gramercy Place
Los Angeles, CA
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