826 South Gramercy Place
826 South Gramercy Place
$2,400,000
11
11
6,293
6,293
$381
Description
This 8 unit two story apartment complex is located in the heart of the mid-Wilshire area near Koreatown, Hancock Park, and downtown Los Angeles. It is situated on a quiet street and is conveniently located near markets and restaurants. The apartment complex, which consists of one 3+2, two 2+2, four 1+1, and one studio units, has on site parking and is always in high demand with very little vacancy. The current rents are low so there is potential for a significant increase in rental income. In addition,...This 8 unit two story apartment complex is located in the heart of the mid-Wilshire area near Koreatown, Hancock Park, and downtown Los Angeles. It is situated on a quiet street and is conveniently located near markets and restaurants. The apartment complex, which consists of one 3+2, two 2+2, four 1+1, and one studio units, has on site parking and is always in high demand with very little vacancy. The current rents are low so there is potential for a significant increase in rental income. In addition, the on-site laundry facility also currently provides additional income for the owner which is about $200/month or $2,400/year and is not included in the gross schedule rent figure. The apartment, which recently has a new roof, is a low maintenance building, is easy to maintain, and is to be sold as-is present condition.
- Listed by THOMAS LO • DRE #01842952 • Brokerage DRE #01842952 • Thomas Iping Lo, Broker • 626-315-8405
Property Details for 826 South Gramercy Place
Parking Spaces Total
0
Private PoolNo
Cooling TypeWall/Window
Total Units8.0
Building TypeDetached
Lot Size SourceAssessor
Living Area6293
Assessor Parcel Number5092-025-015
Location
LISTING UPDATED: 03/01/2024 08:41 AM
Property Details for 826 South Gramercy Place
Status | Active |
---|---|
MLS # | WS23141948 |
Days on Market | 262 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income |
Year Built | 1960 |
County | Los Angeles County |
Location
Building Information for 826 South Gramercy Place
Building/Complex826 S Gramercy PlFloor-Stories2Residences-Pet Policy-Year Built1960Building Size-
Payment Calculator
$15,696 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 826 South Gramercy Place
Property History for 826 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 826 South Gramercy Place
Taxable ValueLand$1,497,929Additions$998,618Total$2,496,547
Tax Record2023$31,174 ($2,598 / month)
Home Facts
Total Finished SqFt6,293 SqFtAbove Grade Finished SqFt6,293 SqFtLot Size7,499 SqFtStyleMulti-Family Res (5+ Units)Year Built1960ZoningLAR3CountyLOS ANGELESAPN5092-025-015
Schools near 826 South Gramercy Place
This home is within Los Angeles Unified School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 5 | |||
Charter - | 6 to 8 | |||
Public - | 9 to 12 | |||
Charter - | 6 to 8 |
Rating | School | Distance |
---|---|---|
Wilton Place Elementary School PublicK to 5 | ||
Magnolia Science Academy 6 School Charter6 to 8 | ||
Los Angeles Senior High School Public9 to 12 | ||
Global Education Academy Middle School Charter6 to 8 |
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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