Presenting a 2022 built FULLY LEASED 4-unit townhouse complex with an impressive 5.02% CAP RATE in a quiet and highly desirable part of Los Angeles! Located just minutes from Larchmont Village, Koreatown, and Melrose Hill, the property consists of 2 separate building on one lot. Three of the units have 3 bedrooms 3.5 bathrooms, and one unit is a 2 bedroom 2.5 bathroom unit, all fetching very high and competitive rents. All units have their own unique address and are separately metered for gas, water, and electricity. Each address also has their own trash/recycle bins paid directly from the tenant, minimizing expenses and making it easy to manage for any landlord. Each unit has their own tankless water heaters, recessed lighting, central AC/Heat, laundry machines, built-in microwave, refrigerators, and gas range stove/ovens. 8 parking spaces (including 3 private garage spaces) are available for tenants with the possibility to park 10 cars.This NON-RENT CONTROLLED property is easy to maintain property is a landlord’s dream!
Property Details
Price:
$3,020,000
MLS #:
24438921
Status:
Active
Baths:
0
Address:
610 N Gramercy Place
Type:
Residential Income
Neighborhood:
c18hancockparkwilshire
City:
Los Angeles
Listed Date:
Sep 12, 2024
State:
CA
ZIP:
90004
Lot Size:
5,423 sqft / 0.12 acres (approx)
Year Built:
2022
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Schools
Interior
Appliances
Dishwasher, Disposal, Microwave, Refrigerator
Cooling
Central Air
Heating
Central
Exterior
Parking Features
Assigned, Driveway, Garage – Single Door, Controlled Entrance
Parking Spots
8.00
Pool Features
None
Spa Features
None
Stories Total
3
Financial
Map
Community
- Address610 N Gramercy Place Los Angeles CA
- AreaC18 – Hancock Park-Wilshire
- CityLos Angeles
- CountyLos Angeles
- Zip Code90004
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Courtesy of Dream Realty & Investments 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.
610 N Gramercy Place
Los Angeles, CA
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