5700 South Gramercy Place
5700 South Gramercy Place
$849,000
4
3
2,538
2,538
$335
Description
Motivated Seller! With the combination of affordability and functionality, this Triplex consists of three stand-alone cottages, making it a unique real estate opportunity in the heart of a burgeoning neighborhood. Nestled in a community on the rise, these units are perfect for those seeking an accessible entry into homeownership or for investors looking to tap into this potential. There are no common walls and each unit is individually metered for gas, electricity, AND water. Each unit offers outdoor...Motivated Seller! With the combination of affordability and functionality, this Triplex consists of three stand-alone cottages, making it a unique real estate opportunity in the heart of a burgeoning neighborhood. Nestled in a community on the rise, these units are perfect for those seeking an accessible entry into homeownership or for investors looking to tap into this potential. There are no common walls and each unit is individually metered for gas, electricity, AND water. Each unit offers outdoor patios, private yard space, and In-Unit Washer / Dryer hookups. Three Single Car Garages with automatic doors. The Front unit is an Upgraded 2 Bd / 1 Ba house, currently vacant - Set your own rent with tenants paying all utilities! The remaining two units are both 1 Bd, 1 Ba - Tenant Occupied (One Section 8 unit paying $1,081 total for Guaranteed Rent!). Priced right. This is an excellent investment opportunity. 18 GRM and 4 Cap. Located within the California State Opportunity Zone for the ideal investment. Buyer to do own investigations.
- Listed by Taylor Light • DRE #02084441 • Brokerage DRE #01464847 • Coldwell Banker Realty
Property Details for 5700 South Gramercy Place
Zoning
LAR2
StyleBungalow
Parcel Number5005018015
Total Units3.0
Living Area2538
Source Living AreaVendor Enhanced
AreaPark Hills Heights (PHHT)
Vacancy Rate2 Bd
Location
LISTING UPDATED: 04/05/2024 04:41 PM
Property Details for 5700 South Gramercy Place
Status | Active |
---|---|
MLS # | 23-306463 |
Days on Market | 105 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income |
Year Built | 1926 |
Lot Size | 0.15 AC / 6,386 SF |
County | Los Angeles County |
Location
Building Information for 5700 South Gramercy Place
Stories-Residences-Year Built1926Building Size-Lot Size0.15 AC / 6,386 SF
Payment Calculator
$5,314 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 5700 South Gramercy Place
Property History for 5700 South Gramercy Place
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 5700 South Gramercy Place
Taxable ValueLand$451,217Additions$191,103Total$642,320
Tax Record2023$8,174 ($681 / month)
Home Facts
Total Finished SqFt2,538 SqFtAbove Grade Finished SqFt2,538 SqFtLot Size6,384 SqFtStyleTriplexYear Built1926ZoningLAR2CountyLOS ANGELESAPN5005-018-015
Schools near 5700 South Gramercy Place
This home is within Los Angeles Unified School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 5 | |||
Public - | K to 8 | |||
Public - | 9 to 12 | |||
Charter - | K to 5 |
Rating | School | Distance |
---|---|---|
Angeles Mesa Elementary School PublicK to 5 | ||
Western Avenue Technology Magnet PublicK to 8 | ||
Gifted Academy Of Math And Entrepreneurial Studies CharterK to 5 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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