$1,680,000
Est. payment /mo
10 Beds
10 Baths
4,800 SqFt
New
932 S Gramercy PL Los Angeles, CA 90019
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Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 4,800 sqft
Price per Sqft $350
MLS Listing ID 26865385
Bedrooms 10
HOA Y/N No
Year Built 1966
Lot Size 7,501 Sqft
Property Description
Rare investment opportunity in the highly desirable western section of Koreatown. Situated on a 7,500 SF R3-zoned lot within a TOC Tier 3 area, this well-maintained five-unit apartment building offers stable rental income with strong long-term upside. Approximately 4,800 SF property features five spacious 2-bedroom, 2-bathroom units, a unit mix that continues to be in high demand among renters. The property is occupied by reliable tenants with a strong payment history, providing consistent cash flow for investors. Located on a quiet residential street just west of the heart of Koreatown, the property enjoys close proximity to Hancock Park, Mid-Wilshire, Larchmont Village, Downtown Los Angeles, restaurants, shopping, Metro stations, and major freeways. This central location continues to attract strong tenant demand and offers long-term investment stability. Whether you're looking for a stable income property, a long-term hold, or a future development opportunity, 932 S. Gramercy Place offers the flexibility and potential that investors seek in one of Los Angeles' strongest rental markets.
Location
State CA
County Los Angeles
Area C18 - Hancock Park-Wilshire
Zoning LAR3
Interior
Heating Forced Air
Cooling None
Fireplace No
Appliance Disposal, Refrigerator
Exterior
Parking Features Assigned
Total Parking Spaces 7
Building
Entry Level Two,Multi/Split
Level or Stories Two, Multi/Split
New Construction No
Others
Senior Community No
Tax ID 5092023023
Special Listing Condition Standard
Listed by Mia Shin Seeders Real Estate #01976563
Nearby Locations
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