There are multiple listings for this address:
713 N Gramercy Place
Los Angeles, CA, 90038
$3,695,000
Beds
0 Baths
SqFt
0.16 Acres
Add
713 N Gramercy Pl is an ultra-premium 2024 Opportunity Zone fourplex located just steps away from the vibrant Larchmont Village, with its trendy shops, restaurants, and conveniences along Larchmont Blvd. You&#39'll also be minutes from the iconic Paramount Studios and have easy access to the 101 Freeway- a major draw for high-end tenants! This property is ready for immediate closing and can be delivered vacant or leased—an ideal opportunity for 1031 exchange buyers and Opportunity Zone investors.

This fourplex consists of four impressive 4-bedroom, 4-bathroom tri-level townhome-style units, each boasting huge decks off the living spaces and bedrooms. With 10 parking spots (6 garage and 4 exterior), this property offers an unheard-of parking advantage in the area. The unbeatable location, combined with upscale, modern units and fantastic outdoor space with city views, ensures quick, easy rentals.

These premium townhomes feature expansive, tenant-friendly kitchens and living rooms, designer tiles and stones, and include all kitchen appliances. Noteworthy features include massive balconies with Hollywood Sign views, modern soft-close cabinets, 10 ft high ceilings, huge walk-in closets, balconies off both living spaces and bedrooms, and countless windows for maximum light. The interiors are finished with natural wood waterproof vinyl flooring, marble waterfall islands, and sleek black hardware.

In addition to high returns, buyers will enjoy numerous perks: tons of parking, beautifully designed drought-tolerant landscaping, a 1-year builder’s warranty, brand new everything, minimal maintenance, separate meters for gas, water, and electricity, and strong rental desirability for years to come. Once fully leased, we project a solid 5.44% cap rate and $200,959 in yearly gross rent. Call now to lock this up before it&#39's gone!

Property Details

Price:
$3,695,000
MLS #:
BB24215884
Status:
Active
Baths:
0
Address:
713 N Gramercy Place
Type:
Residential Income
Subtype:
Quadruplex
Neighborhood:
c20hollywood
City:
Los Angeles
Listed Date:
Oct 23, 2024
State:
CA
ZIP:
90038
Lot Size:
6,756 sqft / 0.16 acres (approx)
Year Built:
2024
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Schools

Interior

Appliances
Dishwasher, Gas Oven, Gas Range, Microwave, Refrigerator
Cooling
Central Air
Fireplace Features
None
Flooring
Vinyl
Heating
Central
Window Features
Double Pane Windows

Exterior

Community Features
Sidewalks
Electric
Standard
Garage Spaces
6.00
Lot Features
Landscaped
Parking Features
Garage, Off Street
Parking Spots
10.00
Pool Features
None
Sewer
Public Sewer
Spa Features
None
Stories Total
3
View
City Lights, Neighborhood
Water Source
Public

Financial

Association Fee
0.00
Tenant Pays
All Utilities

Map

Community

Similar Listings Nearby

713 N Gramercy Place
Los Angeles, CA
713 N Gramercy Place
Los Angeles, CA, 90038
$1,195,000
4 Beds
4 Baths
1,935 SqFt
0.16 Acres
Add
713 N Gramercy Pl is an ultra-premium 2024 Opportunity Zone fourplex located just steps away from the vibrant Larchmont Village, with its trendy shops, restaurants, and conveniences along Larchmont Blvd. You&#39'll also be minutes from the iconic Paramount Studios and have easy access to the 101 Freeway- a major draw for high-end tenants! This property is ready for immediate closing and can be delivered vacant or leased—an ideal opportunity for 1031 exchange buyers and Opportunity Zone investors.

This fourplex consists of four impressive 4-bedroom, 4-bathroom tri-level townhome-style units, each boasting huge decks off the living spaces and bedrooms. With 10 parking spots (6 garage and 4 exterior), this property offers an unheard-of parking advantage in the area. The unbeatable location, combined with upscale, modern units and fantastic outdoor space with city views, ensures quick, easy rentals.

These premium townhomes feature expansive, tenant-friendly kitchens and living rooms, designer tiles and stones, and include all kitchen appliances. Noteworthy features include massive balconies with Hollywood Sign views, modern soft-close cabinets, 10 ft high ceilings, huge walk-in closets, balconies off both living spaces and bedrooms, and countless windows for maximum light. The interiors are finished with natural wood waterproof vinyl flooring, marble waterfall islands, and sleek black hardware.

In addition to high returns, buyers will enjoy numerous perks: tons of parking, beautifully designed drought-tolerant landscaping, a 1-year builder’s warranty, brand new everything, minimal maintenance, separate meters for gas, water, and electricity, and strong rental desirability for years to come. Once fully leased, we project a solid 5.44% cap rate and $200,959 in yearly gross rent. Call now to lock this up before it&#39's gone!

Property Details

Price:
$1,195,000
MLS #:
BB24219984
Status:
Active
Beds:
4
Baths:
4
Address:
713 N Gramercy Place
Type:
Single Family
Subtype:
Quadruplex
Neighborhood:
c20hollywood
City:
Los Angeles
Listed Date:
Oct 23, 2024
State:
CA
Finished Sq Ft:
1,935
ZIP:
90038
Lot Size:
6,756 sqft / 0.16 acres (approx)
Year Built:
2024
Ask a Question

See this Listing

Send
  

Mortgage Calculator

 

Schools

Interior

Appliances
Dishwasher, Gas Oven, Gas Range, Microwave, Refrigerator
Cooling
Central Air
Fireplace Features
None
Flooring
Vinyl
Heating
Central
Window Features
Double Pane Windows

Exterior

Community Features
Sidewalks
Electric
Standard
Garage Spaces
6.00
Lot Features
Landscaped
Parking Features
Garage, Off Street
Parking Spots
10.00
Pool Features
None
Sewer
Public Sewer
Spa Features
None
Stories Total
3
View
City Lights, Neighborhood
Water Source
Public

Financial

Association Fee
0.00

Map

Community

Similar Listings Nearby