Commercial: MLS #0025611107 Los Angeles, CA ^$ 10,545,000

Commercial: MLS #0025611107

^$ 10,545,000

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Commercial: MLS #0025611107

Name: address
Address: CA, 90028

Los Angeles, CA, 90028

^$ 10,545,000

Bedrooms-- Baths--

Monthly Estimate*

^$ 65,787

Commercial Property for sale in Los Angeles, CA

for $10,545,000. This building was built in 1929 on a lot size of 0.316804.

1848 N Gramercy Pl is a 48-unit Beaux-Arts style apartment building located in the desirable Los Feliz neighborhood of Los Angeles. Built in 1929, the property offers a mix of studios and one-bedroom units with an average size of approximately 500 square feet. Amenities include on-site management, elevator, controlled access, security surveillance, a landscaped courtyard, and laundry facilities.The property presents a value-add opportunity, with potential to enhance unit interiors from legacy tenants and common areas to further increase rental income. Located in one of the few submarkets inLos Angeles where leasing activity remains strong and rents have stayed stable, 1848 N Gramercy Pl benefits from consistent tenant demand and long-term growth potential.Conveniently positioned near the Hollywood Freeway, the property offers easy access to numerousHollywood landmarks, exceptional restaurants, and vibrant nightlife.

Commercial Active

Price

^$ 10,545,000

Property Type

Commercial

Taxes

^$ 0

Style

Lot Size

0.316804

Year Built

1929

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

0025611107

Features

General

Utilities Electricity Available

Zoning LAR3

Year Built 1929

Electric Standard

Building Name Sir Launfal

County Los Angeles

Net Operating Income 429627.0

Property Type F

Status Active

City Los Angeles

MLS Area C20 - Hollywood

Lot Size Square Feet 0.0

Standard Status Active

Exterior

Lot Features Front Yard Garden Back Yard

Lot Size Area 13843.0

Lot Dimensions 75x184

Lot Size Acres 0.0

Land Lease Type Fee

Interior

Total Stories 5

Total Baths 0

* Excluded Features

List By

Brett Daniels

Listing Agent

Atlas Real Estate Corporation

Broker

Affordability Calculator

$65,787

Per Month

Monthly Principal & Interest: $65,787
Monthly Property Taxes: --
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 6.375% 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

Commerical listings in Los Angeles, CA

Average List Price ^$2,718,109

Percent of Sale Price 74%

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

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Pricing History

Date	Price	Price Change	Description
10/27/2025	$10,545,000		Listed Price

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*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.375% 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 10/27/2025. 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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Commercial: MLS #0025611107

Commercial Property for sale in Los Angeles, CA

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