1819 South Gramercy Place Los Angeles, CA ^$ 4,299,000

1819 South Gramercy Place

^$ 4,299,000

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1819 South Gramercy Place

Los Angeles, CA, 90019

^$ 4,299,000

Studio Baths0.0 Sq 15,851

Monthly Estimate*

^$ 30,030

1819 South Gramercy Place, Los Angeles, CA 90019 - Image 1

1819 South Gramercy Place, Los Angeles, CA 90019 - Image 2

1819 South Gramercy Place, Los Angeles, CA 90019 - Image 3

1819 South Gramercy Place, Los Angeles, CA 90019 - Image 4

1819 South Gramercy Place, Los Angeles, CA 90019 - Image 5

Studio

Multi-Family Home for sale in Los Angeles, CA

for $4,299,000. This 15,851 square foot home was built in 1972 on a lot size of 0.41.

JUST REDUCED $300,000. 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.

Multi-Family Active

Price

^$ 4,299,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

^$ 0

Style

Lot Size

0.41

Year Built

1972

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

0023324387

Features

General

Heating Wall Furnace

Zoning LAR3

Year Built 1972

Levels Three or More

County Los Angeles

Net Operating Income 209485.0

New Construction No

Property Type C

HOA / Comm Assn No

Status Active

City Los Angeles

Buyer Agent Compensation 2.50

Senior Community Y/N No

MLS Area C16 - Mid Los Angeles

Lot Size Square Feet 17804.0

Street Name Gramercy

Standard Status Active

Year Built Source Assessor

Buyer Agent Compensation Type %

Exterior

Parking Features Carport

Lot Size Area 17804.0

Foundation Details None

Building Area Total 15851.0

Lot Size Acres 0.41

Lot Size Units Square Feet

Land Lease Type Fee

Interior

Total Stories 3

Air Conditioning Y/N No

Heating Y/N Yes

Street Suffix Place

Total Baths 0

* Excluded Features

List By

Brice Head

Listing Agent

Cbre, Inc.

Broker

Affordability Calculator

$30,030

Per Month

Monthly Principal & Interest: $30,030
Monthly Property Taxes: --
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Los Angeles, CA

Average List Price ^$2,031,098

Percent of Sale Price 53%

About Los Angeles, CA

3,920,026 Population

6% Since 2002

^$55,057 Median Income

36.82 Median Age

27% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

793437 Elementary School

793428 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
4/4/2024	$4,299,000	-6.52%	Price Down
10/24/2023	$4,599,000		Listed Price

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1819 South Gramercy Place, Los Angeles, CA, 90019 is a Multi-Family Home for sale at $4,299,000 with 15,851 sqft and a lot size of 0.41. 1819 South Gramercy Place is a studio with 0.0 baths and was built in 1972. The property's zip code is 90019 which is in Los Angeles, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Desert Association of Realtors.

Based on information from the California Desert Association of REALTORS® as of 4/10/2024. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the California Desert Association of Realtors. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors include the name of the listing brokers.

The information being provided is for consumers' personal, non-commercial use and may not be reproduced or redistributed. Its sole purpose is to be used to identify prospective properties consumers may be interested in purchasing.

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1819 South Gramercy Place

Multi-Family Home for sale in Los Angeles, CA

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