941 S Gramercy Place Los Angeles, CA $ 2,699,998
941 S Gramercy Place
$ 2,699,998
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941 S Gramercy Place

Los Angeles, CA, 90019
$ 2,699,998
Baths12.0 Sq 7,360

Monthly Estimate*

$ 16,624

Listed by GEORGE MICHAEL REALTY
941 S Gramercy Place, Los Angeles, CA 90019 - Image 1
941 S Gramercy Place, Los Angeles, CA 90019 - Image 2
941 S Gramercy Place, Los Angeles, CA 90019 - Image 3
941 S Gramercy Place, Los Angeles, CA 90019 - Image 4
941 S Gramercy Place, Los Angeles, CA 90019 - Image 5
941 S Gramercy Place, Los Angeles, CA 90019 - Image 6
941 S Gramercy Place, Los Angeles, CA 90019 - Image 7
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Studio

Multi-Family Home for sale in Los Angeles, CA

for $2,699,998 with 12 full baths. This 7,360 square foot home was built in 1964 on a lot size of 0.1577.

Income Investment property for sale in Prime Korea Town area. Thiis building has 12 well maintained multifamily units fully occupied and is located close to restaurants, shopping centers, markets, and schools in the Koreatown submarket area. These three-story apartments building with the parking lot on the first level consists of twelve (12) large 0ne-bedroom and one-bathroom units and one parking assigned for each unit. Most units are upgraded with new laminate wood floors. kitchen area. There are 14 parking spaces and a bonus room on the ground floor which can be used for storage, office, etc. For additional reference this investment is situated just South of 8th Street and West of Western Avenue near to Olympic Blvd. This location provides tenants easy access to surrounding areas including Larchmont Village, Country Club Park, Miracle Mile, Hollywood, Downtown, Chinatown. In addition to this, the property is conveniently located near the 110, 101, and 10 Freeways. Property to be sold in "As-Is" in present condition. Buyer responsible in verifying all property details. Sellers are very motivated to make a deal, please do not disturbed tenants and subject to interior inspection upon an acceptance offer. Financial information and property details available upon request.

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Multi-Family Active

Price

$ 2,699,998

Bedrooms

Studio

Full Bath

12

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.1577

Year Built

1964

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

MB26022652

Days on Market

3

Features
General
Sewer Public Sewer
HOA Fee 0
Garage Spaces 14
Pool Features None
Year Built 1964
Tenant Pays All Utilities
Stories Count 2
Levels Two
Property Subtype Mixed Use
Gross Income 0
Community Features Sidewalks Urban
County Los Angeles
Net Operating Income 0
Operating Expense 0
Insurance Expense 0
New Construction false
Property Type Residential Income
HOA false
Contingency Sellers are doing a 1031 Exchange at no cost to the Buyers.
Garage Y/N true
Special Listing Conditions Standard
Status Active
Directions Gramercy Place and Western Ave.
City Los Angeles
Entry Location 0
Senior Community Y/N false
Number Of Units Total 12
MLS Area KREA - Koreatown
Lot Size Units Square Feet
Lot Size Square Feet 6870
Listing Terms 1031 Exchange
Property Attached Y/N true
Land Lease Y/N false
Electric Expense 0
Fuel Expense 0
Trash Expense 0
Water Sewer Expense 0
Additional Parcels Y/N false
Rent Control Y/N true
Building Area Units Square Feet
Standard Status Active
Year Built Source Assessor
Tax Lot 65
Property Sub Type Additional Mixed Use
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Interior
Total Stories 2
Common Walls 1 Common Wall
Laundry Features In Garage Laundry Room
Entry Level 0
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Exterior
Parking Features Assigned Direct Access Garage On Site Garage Faces Side
Lot Features Corner Lot
Water Source Public
Total Parking 14
Lot Size Area 6870
Number of Buildings 1
Building Area Total 7360
Lot Size Acres 0.1577
Private Pool false
Lot Size Source Assessor
Number of Separate Water Meters 1
Number of Separate Gas Meters 13
Number of Separate Electric Meters 13
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* Excluded Features
List By
George Michael Realty

Broker

ALFREDO.GUERRA0921@GMAIL.COM

Email

Affordability Calculator

$16,624
Per Month
100%
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Monthly Principal & Interest
$16,624
Monthly Property Taxes
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Monthly Home Insurance
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Default based on a 30-year fixed rate of 6.25% 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
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
1/31/2026$2,699,998 Listed Price

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941 S Gramercy Place, Los Angeles, CA, 90019 is a Multi-Family Home for sale at $2,699,998 with 7,360 sqft and a lot size of 0.1577. 941 S Gramercy Place is a studio with 12.0 baths and was built in 1964. The property's zip code is 90019 which is in Los Angeles, CA