736 Gramercy Drive
Los Angeles, CA, 90005
$1,800,000
Beds
0 Baths
SqFt
0.14 Acres
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The well-maintained building and units at 736 Gramercy ensure a rare investment opportunity, while 100% occupancy reflects the property’s strong rental appeal. With four units currently leased well below market rates, 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.

Property Details

Price:
$1,800,000
MLS #:
WS25040048
Status:
Active
Baths:
0
Address:
736 Gramercy Drive
Type:
Residential Income
Subtype:
Commercial/Residential
Neighborhood:
c18hancockparkwilshire
City:
Los Angeles
Listed Date:
Feb 24, 2025
State:
CA
ZIP:
90005
Lot Size:
6,251 sqft / 0.14 acres (approx)
Year Built:
1955
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Community Features
Sidewalks
Garage Spaces
0.00
Lot Features
Near Public Transit
Parking Features
Attached Carport, Tandem Uncovered
Parking Spots
8.00
Pool Features
None
Sewer
Public Sewer
Stories Total
2
Water Source
Public

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Electricity, Gas, Trash Collection

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736 Gramercy Drive
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