610 N Gramercy Place
Los Angeles, CA, 90004
$3,020,000
Beds
0 Baths
SqFt
0.12 Acres
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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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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

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Community

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610 N Gramercy Place
Los Angeles, CA