941 S Gramercy Place, Los Angeles, California 90019

  • $2,695,000
941 S Gramercy Place, Los Angeles, CA 90019
Active
941 S Gramercy Place, Los Angeles, California 90019
941 S Gramercy Place, Los Angeles, CA 90019
  • $2,695,000

Description

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.

  • Address 941 S Gramercy Place
  • City Los Angeles
  • State/county CA
  • Zip/Postal Code 90019
  • Country US

Details

Updated on March 3, 2026 at 8:18 am
  • Property ID: 26655597
  • Price: $2,695,000
  • Property Size: 7360 Sqft
  • Land Area: 0.1577 Acres
  • Bedrooms: 12
  • Bathrooms: 12
  • Year Built: 1964
  • Property Type: Residential Income
  • Property Status: Active

Additional details

  • Heating: Forced Air
  • County: Los Angeles
  • Property Type: Residential Income
  • Pool: None
  • Parking: Assigned

Contact Information

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  • Hoyt Hochman