34.072514 -118.31213

114 S Gramercy Pl LOS ANGELES, CA 90004

289555473 34.072514 -118.31213 213 /listing/289555473-150246182/114-s-gramercy-pl-los-angeles-ca-90004 False 0 8600000.0 24872 105 26 42 21-697772 False
  • $8,600,000
  • 26 bd
  • 42 ba
  • 24,872 sqft
  • 100x141 lot
  • Est payment $46166.66/mo

Property & Neighborhood Info

Courtesy Of Matthews Real Estate Investment Services

Multi-Family in Los Angeles

114 S Gramercy Place is a 33-unit apartment building in the Hancock Park neighborhood of Los Angeles, CA. Built in 1965, the three-story building is comprised of seven studios, seventeen one-bedroom, one-bathroom, and nine two-bedroom, two-bathroom units. The property features secure entry, a community pool, tanning deck, garage parking, and an on-site laundry facility for an investor to capitalize on additional income. Situated south of Beverly Boulevard and west of Western Avenue this location is in Hancock Park, Koreatown, and Hollywood. This location offers tenants a variety of nearby shopping, dining, retail, and entertainment that lines Western Avenue and the surrounding area. Additionally, the property is 0.8 miles from the Wilshire / Western Metro Station Purple Line and walking distance to multiple bus stops. The property is also conveniently located in proximity to the 101 Freeway providing easy access to other neighborhoods in Los Angeles.

Courtesy Of Matthews Real Estate Investment Services
  1. 26 Beds
  2. 42 Baths
  3. 24,872 Sq. Ft.
  4. 100x141 Lot

Main Features

  • Listing Status: Contract Pending
  • Year Built: 1965
  • Floors: 3
  • County: LOS ANGELES
  • Units: 33
  • Zoning: LAR3
  • MLS Number:21-697772

Additional Features

  • Cooling:
    • Other
  • Disclosures:
    • None
  • Water Heater:
    • Yes
  • Laundry:
    • Community
  • Unit 1 Furnished:
    • No
  • Unit 2 Furnished:
    • No
  • Unit 3 Furnished:
    • No
  • Other Structures:
    • Other
  • Parking:
    • Garage
  • Parking Spaces:
    • 32
  • Heating:
    • Other
  • Number of Buildings:
    • 1
  • Board:
    • The Combined Los Angeles/Westside MLS
  • Gross Income:
    • 698423
  • Net Operating Income:
    • 410743.00
  • Rent Control:
    • Yes
  • Special Conditions:
    • Standard
  • Cap Rate:
    • 4.78
  • Expenses:
    • 260896
  • Gross Operating Income:
    • 671639
  • Listing Agent License Number:
    • 01325901
  • Lot Size Area:
    • 14092
  • LP Per SQFT:
    • 345.77
  • Other Equipment:
    • Other
  • Total Acres:
    • 0.3235
  • Under Contract Date:
    • 2021-03-19
  • Unit 1 Bathrooms:
    • 1.00
  • Unit 1 Bedrooms:
    • 0
  • Unit 1 Rent:
    • 9854.00
  • Unit 1 Total Units:
    • 7
  • Unit 2 Bathrooms:
    • 1.00
  • Unit 2 Bedrooms:
    • 1
  • Unit 2 Rent:
    • 30218.00
  • Unit 2 Total Units:
    • 17
  • Unit 3 Bathrooms:
    • 2.00
  • Unit 3 Bedrooms:
    • 2
  • Unit 3 Rent:
    • 18129.00
  • Unit 3 Total Units:
    • 9
Neighborhood info courtesy of Homes.com © 2021

What's My Mortgage?

$38,769.95*
*Estimated monthly payment is a starting point to help assist you with your home search. To find out more about mortgage pre-qualification, click here.
Links Real Estate
Links Real Estate
(323) 469-5114
2738 Belden Dr. Los Angeles CA 90068
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34.072514 -118.31213

114 S Gramercy Pl LOS ANGELES, CA 90004

289555473 34.072514 -118.31213 213 /listing/289555473-150246182/114-s-gramercy-pl-los-angeles-ca-90004 False 0 8600000.0 24872 105 26 42 21-697772 False
  • $8,600,000
  • 26 bd
  • 42 ba
  • 24,872 sqft
  • 100x141 lot
  • Est payment $46166.66/mo