REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 2,790,000
Est. payment /mo
Active
838 S Gramercy Place Los Angeles, CA 90005
6,324 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 6,324 sqft
Price per Sqft $441
MLS Listing ID CL24421053
HOA Y/N No
Year Built 1957
Lot Size 7,502 Sqft
Acres 0.17
Property Sub-Type Other
Property Description
We are please to announce the sale of 838 S Gramercy place,8 unit apartment. In addition to provide strong cash flow, this apartment provides a new buyer with a successfully investment. This apartment conveniently located near restaurants and bank, bus stop, metro station on Hancock Park Area. The well-maintained building and units at 838 Gramercy ensure a rare investment opportunity, while 100% occupancy reflects the property's strong rental appeal. there is significant value-add potential and substantial rental upside for investors looking to increase income and maximize returns. Located in one of the most desirable streets in the Hancock-Wilshire area and with a 91 Walkability Score, this building has enjoyed both low tenant turnover and high rental demand. Convenient to freeways, top-rated restaurants, shopping, public transportation, nightlife and more. Don't miss this rare opportunity to acquire a high-performing asset with long-term appreciation potential.DO NOT DISTURBED TENANTS. Buyer and buyer's agent to verify and rely on their findings. This property is being "Sold As Is" with no warranty or liability to seller and brokers. No Vacancy
Location
State CA
County Los Angeles
Zoning LAR3
Interior
Cooling None
Flooring Wood
Fireplace No
Laundry Community Facility
Exterior
View Y/N false
View None
Building
New Construction No
Others
Tax ID 5092025017
© 2025 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.
Listed by Jae Sung Choi • Ivy Realty Co.