941 S Gramercy Pl & 210 S Commonwealth Ave, Los Angeles To Be Sold Combined, Total $6,285,000! Location! Priced to Sell! Corner Lot! GRM 12.33! Low Expenses & Separately Metered Gas & Electricity! Seller Motivated! Rare opportunity to acquire two well-maintained apartment buildings in prime Los Angeles. Conveniently located just south of 8th Street and west of Western Avenue near Olympic Boulevard, with easy access to Larchmont Village, Country Club Park, Miracle Mile, Hollywood, and Downtown LA.941 S Gramercy Pl features twelve (12) spacious 1-bedroom, 1-bathroom units with upgraded laminate wood flooring and fourteen (14) on-site parking spaces. Low operating expenses and separate gas and electric meters provide efficient ownership. This property generate $17,906/month ($214,872/year) in gross rental income, offering stable cash flow with strong upside potential. Ideal investment for long-term appreciation in a high-demand rental market.
Property Details
Price:
$2,695,000
MLS #:
26655597
Status:
Active
Beds:
12
Baths:
12
Type:
Single Family
Neighborhood:
c18hancockparkwilshire
Listed Date:
Feb 23, 2026
Finished Sq Ft:
7,360
Total Sq Ft:
7,360
Lot Size:
6,870 sqft / 0.16 acres (approx)
Year Built:
1964
See this Listing
Schools
Interior
Heating
FA
Laundry Features
CM
Levels
C
Exterior
Parking Spots
14
Parking Total
14
Financial
Map
Community
- Address941 S Gramercy PL Los Angeles CA
- CityLos Angeles
- CountyLos Angeles
- Zip Code90019
Subdivisions in Los Angeles
Market Summary
Current real estate data for Single Family in Los Angeles as of Jun 17, 2026
7,231
Single Family Listed
84
Avg DOM
432
Avg $ / SqFt
$1,678,068
Avg List Price
Property Summary
- 941 S Gramercy PL Los Angeles CA is a Single Family for sale in Los Angeles, CA, 90019. It is listed for $2,695,000 and features 12 beds, 12 baths, and has approximately 7,360 square feet of living space, and was originally constructed in 1964. The current price per square foot is $366. The average price per square foot for Single Family listings in Los Angeles is $432. The average listing price for Single Family in Los Angeles is $1,678,068.
Similar Listings Nearby
Courtesy of Ivy Realty Co.. 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 2026. California Regional Multiple Listing Service. All rights reserved.941 S Gramercy PL
Los Angeles, CA