838 S Gramercy Place #7, Los Angeles, CA 90005 - Berkshire Hathaway HomeServices California Properties
838 S Gramercy Place #7 Los Angeles, CA 90005
$2,790,000 11 beds, 8 baths
6, 324 sqft

Agent Remarks

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

Listing Details

Property type: (Multi-Family)
Status: Active
MLS# 24421053
List price is $2,790,000
Beds: 11
Baths: 8
Built in 1957
6,324 sqft
2 stories
0.17 acres
Lot size: 0.1722
County: Los Angeles
Zoning: LAR3
Appliances: Oven
Parking description: Assigned,Covered
Heating/cooling: None
MLS area: C18 - Hancock Park-Wilshire

Last Updated: 2/27/2025

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This listing belongs to the C18 - Hancock Park-Wilshire MLS area

Lat/Long: 34.056871, -118.312905.
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Listing Agent: Jae Sung Choi
Lic#: 01234982
Office Name: Mission Viejo

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