1554 S Gramercy Place,Los Angeles,Los Angeles,ResidentialIncome

$ 4,599,000
1554 S Gramercy Place,

Overview

  • Updated On:
  • March 7, 2024
  • 20 Bathrooms
  • 13,792 ft2

Property Description

A tried-and-true Arlington Heights building on a large corner lot. Mid City buildings, like this, are highly walkable to dining, retail and dining along Venice Blvd. and Western Ave. Secured-access entry to open courtyard-style configuration – and lots of parking in the seismically-retrofitted carports, in addition to a detached parking structure also. Strong, corner lot location, as well. 4% rent increase opportunity in early 2024, too. 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. 18 units at 1819 Gramercy Pl. 20 units at 2340-42 Crenshaw Bl.

Address: 1554 S Gramercy Place
State/County:
Zip: 90019
Country: United States
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Property Id : 146884
Price: $ 4,599,000
Property Size: 13,792 ft2
Property Lot Size: 0 ft2
Bathrooms: 20
BathroomsFull: 0
BathroomsHalf: 0
BathroomsOneQuarter: 0
BathroomsThreeQuarter: 0
BuildingAreaTotal: 13792
BuyerAgencyCompensation: 2.500
BuyerAgencyCompensationType: Item1
CapRate: 4.71
ContractStatusChangeDate: 2023-10-23
Directions: 10 Freeway to Western, left on Venice Blvd to Gramercy Pl.
DaysOnMarket: 24
DocumentsChangeTimestamp: 2023-10-23T10:26:16.000-00:00
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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