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941 S Gramercy Place

Los Angeles (City), CA 90019
  • $3,300,000
  • STATUS: Active
  • ON SITE: 109 Days
  • MLS #: MB25006979
UPDATED: 42 min ago
$3,300,000
  • 0
    BEDS
  • 0.16
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1964
County:

School Ratings & Info

Listing Agent(s): Alfredo Guerra of GEORGE MICHAEL REALTY (323-728-2111)


Description

Income Investment property for sale in Prime Korea Town area. Thiis building has 12 well maintained multifamily units and are located close to restaurants, shopping centers, markets, and schools Koreatown submarket area. Originally built in 1964, the three-story apartments building with the parking lot on the first level consists of twelve (12) large 0ne-bedroom and one-bathroom units and one parking assigned for each unit. Most units are upgraded with new laminate wood floors. kitchen area. There are 14 parking spaces and a bonus room on the ground floor which can be used for storage, office, etc. For additional reference this investment is situated just South of 8th Street and West of Western Avenue near to Olympic Blvd. This location provides tenants easy access to surrounding areas including Larchmont Village, Country Club Park, Miracle Mile, Hollywood, Downtown, Chinatown. In addition of this, the property is conveniently located near the 110, 101, and 10 Freeways. Property to be sold in "As-Is" condition, no termite or work repairs to be done by Sellers. Buyer responsible in verifying all property details. Sellers are very motivated to make a deal, please do not disturbed tenants and subject to interior inspection upon an acceptance offer.Property to be sold in "As-Is" condition, no work repairs to be done by sellers. Buyer is responsible for verifying all property details.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2025-04-30T18:35:31.163. 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/159364886
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941 S Gramercy Place Los Angeles (City), CA 90019

  • Price: $3,300,000
  • Status: Active
  • On Site: 109 Days
  • Updated: 42 min ago
  • MLS #: MB25006979
0
Beds
0
Baths
0
½ Baths
0.16
Acres
1964
Built
Neighborhood:
KREA - Koreatown
County:
Los Angeles
Area:
KREA - Koreatown
Property Description
Income Investment property for sale in Prime Korea Town area. Thiis building has 12 well maintained multifamily units and are located close to restaurants, shopping centers, markets, and schools Koreatown submarket area. Originally built in 1964, the three-story apartments building with the parking lot on the first level consists of twelve (12) large 0ne-bedroom and one-bathroom units and one parking assigned for each unit. Most units are upgraded with new laminate wood floors. kitchen area. There are 14 parking spaces and a bonus room on the ground floor which can be used for storage, office, etc. For additional reference this investment is situated just South of 8th Street and West of Western Avenue near to Olympic Blvd. This location provides tenants easy access to surrounding areas including Larchmont Village, Country Club Park, Miracle Mile, Hollywood, Downtown, Chinatown. In addition of this, the property is conveniently located near the 110, 101, and 10 Freeways. Property to be sold in "As-Is" condition, no termite or work repairs to be done by Sellers. Buyer responsible in verifying all property details. Sellers are very motivated to make a deal, please do not disturbed tenants and subject to interior inspection upon an acceptance offer.Property to be sold in "As-Is" condition, no work repairs to be done by sellers. Buyer is responsible for verifying all property details.
Exterior Features

Entry Level 0 Entry Location 0 Lot Features Corner Lot Number Of Separate Electric Meters 13 Parking Features AssignedControlled Entrance Parking Total 14 Pool Features None Pool Private YN No Property Attached YN No

Interior Features

Common Walls No Common Walls

Property Features

Additional Parcels YN No Association Fee 0 Association YN No Common Interest None Community Features Urban Electric Expense 0 Fuel Expense 0 Garage YN Yes Gross Income 0 Gross Scheduled Income 0 Insurance Expense 0 Land Lease YN No Laundry Features Common Area Levels Two Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms 1031 Exchange Net Operating Income 0 New Construction YN No Number Of Separate Gas Meters 13 Number Of Separate Water Meters 1 Number Of Units Leased 12 Operating Expense 0 Property Sub Type Mixed Use Rent Control YN Yes Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Trash Expense 0 Water Sewer Expense 0 Water Source Public Zoning LAR3



Based on information from California Regional Multiple Listing Service, Inc. as of 2025-04-30T18:35:31.163. 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): Alfredo Guerra of GEORGE MICHAEL REALTY (323-728-2111)