838 S Gramercy Place, Los Angeles, CA 90005

  • $2,790,000
838 S Gramercy Place, Los Angeles, CA 90005
Active
838 S Gramercy Place, Los Angeles, CA 90005
838 S Gramercy Place, Los Angeles, CA 90005
  • $2,790,000

Description

We are please to announce the sale of 838 S Gramercy place,8 unit apartment. In addition to provide strong cash flow, this apartment provides a new buyer with a successfully investment. This apartment conveniently located near restaurants and bank, bus stop, metro station on Hancock Park Area. The well-maintained building and units at 838 Gramercy ensure a rare investment opportunity, while 100% occupancy reflects the property’s strong rental appeal. there is significant value-add potential and substantial rental upside for investors looking to increase income and maximize returns. Located in one of the most desirable streets in the Hancock-Wilshire area and with a 91 Walkability Score, this building has enjoyed both low tenant turnover and high rental demand. Convenient to freeways, top-rated restaurants, shopping, public transportation, nightlife and more. Don’t miss this rare opportunity to acquire a high-performing asset with long-term appreciation potential.DO NOT DISTURBED TENANTS. Buyer and buyer’s agent to verify and rely on their findings. This property is being “Sold As Is” with no warranty or liability to seller and brokers. No Vacancy

  • Address 838 S Gramercy Place
  • City Los Angeles
  • State/county CA
  • Zip/Postal Code 90005
  • Country US

Details

Updated on February 27, 2025 at 7:12 pm
  • Property ID: 24421053
  • Price: $2,790,000
  • Property Size: 6324
  • Land Area: 0.1722 Acres
  • Bedrooms: 11
  • Bathrooms: 8
  • Garage Size: x x
  • Year Built: 1957
  • Property Type: Residential Income
  • Property Status: Active

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  • Hoyt Hochman