941 S Gramercy Place Los Angeles, CA $ 2,695,000
941 S Gramercy Place
$ 2,695,000
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941 S Gramercy Place

Los Angeles, CA, 90019
$ 2,695,000
Bedrooms12 Baths12.0 Sq 7,360

Monthly Estimate*

$ 16,594

Listed by Ivy Realty Co.
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Multi-Family Home for sale in Los Angeles, CA

for $2,695,000 with 12 bedrooms and 12 full baths. This 7,360 square foot home was built in 1964 on a lot size of 0.1577.

941 S Gramercy Pl & 210 S Commonwealth Ave, Los Angeles To Be Sold Combined, Total $6,285,000! Location! Priced to Sell! Corner Lot! GRM 12.33! Low Expenses & Separately Metered Gas & Electricity! Seller Motivated! Rare opportunity to acquire two well-maintained apartment buildings in prime Los Angeles. Conveniently located just south of 8th Street and west of Western Avenue near Olympic Boulevard, with easy access to Larchmont Village, Country Club Park, Miracle Mile, Hollywood, and Downtown LA.941 S Gramercy Pl features twelve (12) spacious 1-bedroom, 1-bathroom units with upgraded laminate wood flooring and fourteen (14) on-site parking spaces. Low operating expenses and separate gas and electric meters provide efficient ownership. This property generate $17,906/month ($214,872/year) in gross rental income, offering stable cash flow with strong upside potential. Ideal investment for long-term appreciation in a high-demand rental market.

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Multi-Family Active

Price

$ 2,695,000

Bedrooms

12

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

26655597

Days on Market

2

Features
General
Living Area 7360
Heating Forced Air
Zoning LAR3
Pool Features None
Year Built 1964
Levels Three Or More
Gross Income 214872
County Los Angeles
Net Operating Income 0
New Construction false
Property Type Residential Income
HOA false
Full Baths 0
Special Listing Conditions Standard
Status Active
Directions N of Olympic & Between Western and Wilton Pl
City Los Angeles
Senior Community Y/N false
Number Of Units Total 12
MLS Area C18 - Hancock Park-Wilshire
Lot Size Units Square Feet
Lot Size Square Feet 6870
Land Lease Y/N false
Standard Status Active
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Interior
Total Stories 0
Heating Y/N true
Half Baths 0
1/4 Baths 0
3/4 Baths 0
Laundry Features Common Area
Total Bedrooms 12
Total Baths 12
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Exterior
Parking Features Assigned
Total Parking 14
Lot Size Area 6870
Number of Buildings 1
Building Area Total 7360
Lot Dimensions 55x125
Lot Size Acres 0.1577
Private Pool false
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* Excluded Features
List By
Ivy Realty Co.

Broker

ym6077@gmail.com

Email

Affordability Calculator

$16,594
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Monthly Principal & Interest
$16,594
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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
2/24/2026$2,695,000 Listed Price

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941 S Gramercy Place, Los Angeles, CA, 90019 is a Multi-Family Home for sale at $2,695,000 with 7,360 sqft and a lot size of 0.1577. 941 S Gramercy Place has 12 bedrooms, 12.0 baths, and was built in 1964. The property's zip code is 90019 which is in Los Angeles, CA