941 S Gramercy Place
Los Angeles, CA 90019
- – beds
- – baths
- – sqft
- 6,870 sqft lot
- 1964 build
- – on site
Income Investment property for sale in Prime Korea Town area. Thiis building has 12 well maintained multifamily units and are located close to restaurants, shopping centers, markets, and schools Koreatown submarket area. Originally built in 1964, the 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 of this, the property is conveniently located near the 110, 101, and 10 Freeways. Property to be sold in "As-Is" condition, no termite or work repairs to be done by Sellers. 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. Property to be sold in "As-Is" condition, no work repairs to be done by sellers. Buyer is responsible for verifying all property details.
Last checked:
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Last updated Jan 18, 2025
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MLS# MB25006979 —
The Building
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Year Built:1964
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Year Built Source:Assessor
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New Construction:No
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Building Area Total:7360.00
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Building Area Units:Square Feet
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Total Number Of Units:12
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# of Buildings:1
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Stories Total:2
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Common Walls:No Common Walls
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# of Separate Gas Meters:13
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# of Separate Water Meters:1
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# of Separate Electric Meters:13
Interior
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Levels:Two
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Laundry:Common Area
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Laundry:1
Location
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Directions:Gramercy Place and Western Ave.
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Latitude:34.05454500
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Longitude:-118.31298200
The Property
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Property Type:Residential Income
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Subtype:Commercial/Residential
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Zoning:LAR3
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Lot Features:Corner Lot
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Lot Size Area:6870.0000
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Lot Size Acres:0.1577
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Lot Size SqFt:6870.00
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Lot Size Source:Assessor
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Additional Parcels:No
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Land Lease:No
Listing Agent
- Contact info:
- No listing contact info available
Taxes
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Tax Census Tract:2131.00
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Tax Tract:1600
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Tax Lot:65
The Listing
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Special Listing Conditions:Standard
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Parcel Number:5081025007
Utilities
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Sewer:Public Sewer
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Water Source:Public
The Community
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Features:Urban
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Association:No
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Pool:None
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Senior Community:No
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Private Pool:No
Parking
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Parking:Yes
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Parking:Assigned, Controlled Entrance
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Parking Spaces:14.00
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Garage Spaces:14.00
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Max Internet Speed
Provided by BroadbandNow®
This is the maximum advertised internet speed available for this home. Under 10 Mbps is in the slower range, and anything above 30 Mbps is considered fast. For heavier internet users, some plans allow for more than 100 Mbps.
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
1/10/25
Jan 10, 2025
|
Listed / Active | CRMLS_CA | $3,300,000 | 33.6% (3.8% / YR) |
|
5/29/24
May 29, 2024
|
Listed / Active | CRMLS_CA | ||
|
9/25/23
Sep 25, 2023
|
Price Changed | CRMLS_CA |
