4817 S Gramercy Pl,Los Angeles, CA 90062
Sold
4817, South Gramercy Place, Vermont Square, Los Angeles, Los Angeles County, CAL Fire Southern Region, California, 90062, United States
Overview
Property ID: TheMls 19-469828
- Multi Family
- 7
- 5
- 3,360
- 1919
Description
Incredible investment opportunity with the potential to be over a 6.75% cap rate! This property is perfect for an Investor who is looking for a low-maintenance income property centrally located, close to shopping centers, schools, parks, public transportation, and a short drive to Downtown LA and its amenities. Completely remodeled. The building has individual water heaters, separate gas meters, and one water meter. All utilities are billed back to tenants so there are very low landlord expenses. Room for 4 car parking in the back which can be rented out to tenants for additional income. Laundry machines owned by a landlord also provide extra income. Parking and laundry income is not currently reflected in the building income.
Address
Open on Google Maps- Address 4817 S Gramercy Pl
- City Los Angeles
- State/county California
- Zip/Postal Code 90062
- Country United States
Details
Updated on July 20, 2023 at 2:36 am- Property ID: TheMls 19-469828
- Price: $949,000
- Property Size: 3,360 Sq Ft
- Land Area: 6,500 Sq Ft
- Bedrooms: 7
- Bathrooms: 5
- Year Built: 1919
- Property Type: Multi Family
- Property Status: Sold
Additional details
- Garage: Uncovered
- Parking: # of Open Other Spaces: 4
- Multi-Unit Information: Unit Type Type: 1, 2, 3
- Multi-Unit Information: Type Of Units: 3
- Multi-Unit Information: # of Buildings: 1
- Unit 1 Information: # of Beds: 1
- Unit 1 Information: # of Baths: 1.00
- Unit 1 Information: Projected Rent: $1,500
- Unit 1 Information: # of Units: 1
- Unit 2 Information: # of Beds: 3
- Unit 2 Information: # of Baths: 2.00
- Unit 2 Information: Projected Rent: $3,025
- Unit 2 Information: # of Units: 1
- Unit 3 Information: # of Beds: 5
- Unit 3 Information: # of Baths: 2.00
- Unit 3 Information: Projected Rent: $4,150
- Unit 3 Information: # of Units: 1
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