1819 S Gramercy Place,Los Angeles,Los Angeles,ResidentialIncome

$ 4,599,000
1819 S Gramercy Place,

Overview

  • Updated On:
  • March 7, 2024
  • 18 Bathrooms
  • 15,851 ft2

Property Description

1970’s construction means LARGE units…in Arlington Heights. Mid City buildings, like this, are highly walkable to dining, retail and dining along Venice Blvd. and Western Ave. Seismically-retrofitted carport parking, as well as open spots in rear. Attractive curb appeal and 20+ years newer than the ‘typical’ LA building, built in the 50s or 60s. Massive, unrealize upside. Scheduled allowable rent increase of 4% in early 2024.Part of a 4-Building, 75-unit Portfolio Sale. Available together or separately. The other 3 addresses are as follows: 17 units at 1876 Buckingham Rd., 20 units at 1554 S. Gramercy Pl. and 20 units at 2340-42 Crenshaw Bl.

Address: 1819 S Gramercy Place
State/County:
Zip: 90019
Country: United States
Open In Google Maps
Property Id : 146890
Price: $ 4,599,000
Property Size: 15,851 ft2
Property Lot Size: 0 ft2
Bathrooms: 18
BathroomsFull: 0
BathroomsHalf: 0
BathroomsOneQuarter: 0
BathroomsThreeQuarter: 0
BuildingAreaTotal: 15851
BuyerAgencyCompensation: 2.500
BuyerAgencyCompensationType: Item1
CapRate: 4
ContractStatusChangeDate: 2023-10-23
Directions: 10 Freeway, exit on Western, to Washington Blvd. Turn onto Gramercy.
DaysOnMarket: 24
DocumentsChangeTimestamp: 2023-10-23T11:36:43.000-00:00
Other Features
Has Carport
Has Heating System
$ 23,579.98
per month
  • Principal and Interest
  • Property Tax
  • HOA fee
$ 17,831.23
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