838 S Gramercy Place 7
Los Angeles, CA 90005 • 11 Bed • 8 Bath • 6,324 sq.ft.

Property summary

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

Days on market: 213

Listing updated: February 27, 2025 - 07:51:02

Property details

Property ID
24421053
Size
6324 sq.ft.
Home Type
Residential Income
Year Built
1957
Property Size
0.1722 acre
Garage
Levels
2
Spa
No
Patio
No
Basement
No
View
None
Pool
No

Listed by: Jae Sung Choi DRE #01273921 213-386-8888, Ivy Realty Co. - Beverly Hills/Greater LA

Source: Beverly Hills/Greater LA, MLS#: CLW-L03846 Originating MLS: CRMLS

Interior information

Rooms
Bathrooms
8
Kitchen
Oven
Cooling
None
Heating
N/A
Flooring
Wood
Laundry
Common Area
$2,790,000
Property price
Make an offer
Open house
Date
TBA
Time
TBA
Mortgage estimator
Est.: $11,160/mo
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Working hours: Monday to Friday 9:00am - 6:00pm (PST)

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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional. Based on information from California Regional Multiple Listing Service, Inc. as of 2025-04-25 09:54:39 PST and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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