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610 N Gramercy Place

Los Angeles, CA 90004

– beds
– baths
– sqft
5,423 sqft lot
2022 build
– on site

Presenting a 2022 built FULLY LEASED 4-unit townhouse complex with an impressive 5.02% CAP RATE in a quiet and highly desirable part of Los Angeles! Located just minutes from Larchmont Village, Koreatown, and Melrose Hill, the property consists of 2 separate building on one lot. Three of the units have 3 bedrooms 3.5 bathrooms, and one unit is a 2 bedroom 2.5 bathroom unit, all fetching very high and competitive rents. All units have their own unique address and are separately metered for gas, water, and electricity. Each address also has their own trash/recycle bins paid directly from the tenant, minimizing expenses and making it easy to manage for any landlord. Each unit has their own tankless water heaters, recessed lighting, central AC/Heat, laundry machines, built-in microwave, refrigerators, and gas range stove/ovens. 8 parking spaces (including 3 private garage spaces) are available for tenants with the possibility to park 10 cars.This NON-RENT CONTROLLED property is easy to maintain property is a landlord's dream!

Listed By CRMLS_CA / Jeremy Kim / Dream Realty & Investments Inc

Last checked: Checking… • Last updated Sep 20, 2024 •

MLS# 24438921 —

This property is listed in more than one place. See it here.

The Building

Year Built:

2022
Year Built Source:

Builder
New Construction:

No
Building Area Total:

4984.00
# of Buildings:

2
Total Number Of Units:

4
Stories Total:

3

Interior

Levels:

Multi/Split
Laundry:

Washer Included, Dryer Included
Laundry:

1

Location

Directions:

East of Wilton Pl and South of Melrose Pl on Gramercy Pl
Latitude:

34.08206000
Longitude:

-118.31227300

The Property

Property Type:

Residential Income
Zoning:

LAR3
Lot Size Area:

5423.0000
Lot Size Dimensions:

43x109
Lot Size Acres:

0.1245
Lot Size SqFt:

5423.00

Listing Agent

Contact info:

The Listing

Special Listing Conditions:

Standard
Parcel Number:

5522008031

Heating & Cooling

Heating:

1
Heating:

Central
Cooling:

Yes
Cooling:

Central Air

Appliances

Appliances:

Dishwasher, Disposal, Microwave, Refrigerator
Included:

Yes

The Community

Senior Community:

No
Pool:

None
Private Pool:

No
Spa Features:

None
Association:

No
Assessments:

No

Parking

Parking:

Yes
Parking:

Assigned, Driveway, Garage - Single Door, Controlled Entrance
Parking Spaces:

8.00

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Transit Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
9/12/24 Sep 12, 2024	Listed / Active	CRMLS_CA	$3,100,000	14.8% (5.9% / YR)
3/15/22 Mar 15, 2022		CRMLS_CA	$2,700,000	184.2% (66.0% / YR)
6/23/20 Jun 23, 2020	Listed / Active	CRMLS_CA

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This multifamily located in Central LA, Los Angeles, CA 90004 is currently for sale for $3,100,000. 610 N Gramercy Place is a – square foot multifamily with – beds and – baths that has been on Estately for 54 days. 610 N Gramercy Place is in the Central LA neighborhood of Los Angeles and has a WalkScore® of 95, making it a walker’s paradise. This multifamily is in the attendance area of Fairfax Senior High School and Van Ness Avenue Elementary School.

Listing Courtesy of: CRMLS_CA and Dream Realty & Investments Inc. Based on information from California Regional Multiple Listing Service, Inc. as of 00:00 on Nov 05.

This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.