We are please to announce the sale of 838 S Gramercy place,8 unit apartment. In addition to provide strong cash flow, this apartment provides a new buyer with a successfully investment. This apartment conveniently located near restaurants and bank, bus stop, metro station on Hancock Park Area. The well-maintained building and units at 838 Gramercy ensure a rare investment opportunity, while 100% occupancy reflects the property’s strong rental appeal. 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.DO NOT DISTURBED TENANTS. Buyer and buyer’s agent to verify and rely on their findings. This property is being "Sold As Is" with no warranty or liability to seller and brokers. No Vacancy
Property Details
Price:
$2,790,000
MLS #:
24421053
Status:
Active
Baths:
0
Address:
838 S Gramercy Place
Type:
Residential Income
Neighborhood:
c18hancockparkwilshire
City:
Los Angeles
Listed Date:
Jul 29, 2024
State:
CA
ZIP:
90005
Lot Size:
7,502 sqft / 0.17 acres (approx)
Year Built:
1957
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Schools
Interior
Appliances
Oven
Cooling
None
Flooring
Wood
Exterior
Parking Features
Covered, Assigned
Parking Spots
8.00
Stories Total
2
View
None
Financial
Map
Community
- Address838 S Gramercy Place Los Angeles CA
- AreaC18 – Hancock Park-Wilshire
- CityLos Angeles
- CountyLos Angeles
- Zip Code90005
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838 S Gramercy Place
Los Angeles, CA
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