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914 S Gramercy Drive

Los Angeles (City), CA 90019
  • $4,090,000
  • STATUS: Active
  • ON SITE: 192 Days
  • MLS #: 24450779
UPDATED: 75 min ago
$4,090,000
  • 16
    BEDS
  • 0.34
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 10,050
    SQFT
  • $407
    $/SQFT
Type:
Multi-Family
Built:
1953
County:

School Ratings & Info

Listing Agent(s): Tom-Chang Kim of Max Mega Group (323-692-9900)


Description

8 units + 8 units. Total 16 units with two different APN and two buildings are adjacent to each other in over 15,000 SF of lot. Both 8 units are sold together. ALL units are one bedrooms meaning it's very easy to lease when there is vacancy. All units are fully occupied. One parking designated to each units. Community laundry available run by 3rd party company. Much has been upgraded and repaired since new owner took over about 3 years ago. Easy to maintain. Lots of potential on rent increase!!! Drive by only!!!

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Based on information from California Regional Multiple Listing Service, Inc. as of 2025-04-20T12:27:26.28. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Zia Group | eXp Realty. Licensed in the State of California, USA.
www.theziagroup.com/homes/156546125
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914 S Gramercy Drive Los Angeles (City), CA 90019

  • Price: $4,090,000
  • Status: Active
  • On Site: 192 Days
  • Updated: 75 min ago
  • MLS #: 24450779
16
Beds
0
Baths
0
½ Baths
0.34
Acres
10,050
SQFT
$407
$/SQFT
1953
Built
Neighborhood:
C18 - Hancock Park-Wilshire
County:
Los Angeles
Area:
C18 - Hancock Park-Wilshire
Property Description
8 units + 8 units. Total 16 units with two different APN and two buildings are adjacent to each other in over 15,000 SF of lot. Both 8 units are sold together. ALL units are one bedrooms meaning it's very easy to lease when there is vacancy. All units are fully occupied. One parking designated to each units. Community laundry available run by 3rd party company. Much has been upgraded and repaired since new owner took over about 3 years ago. Easy to maintain. Lots of potential on rent increase!!! Drive by only!!!
Exterior Features

Parking Features Assigned Parking Total 17

Interior Features

Appliances Disposal Heating Wall Furnace Heating YN Yes

Property Features

Association YN No Community Features Gated Gross Income 253104 Land Lease YN No Levels Two Listing Agreement Exclusive Right To Sell Listing Service Full Service Net Operating Income 189000 New Construction YN No Rent Control YN Yes Security Features Security GateGated Community Senior Community YN No Special Listing Conditions Standard Tenant Pays Cable TVElectricityGasInsurance Vacancy Allowance Rate 0 Zoning LAR3



Based on information from California Regional Multiple Listing Service, Inc. as of 2025-04-20T12:27:26.28. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Zia Group | eXp Realty. Licensed in the State of California, USA.
 
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The Zia Group | eXp Realty
10 E Yanonali St #11
Santa Barbara CA, 93101
Listing Agent(s): Tom-Chang Kim of Max Mega Group (323-692-9900)