Active

610 N Gramercy Place

Los Angeles CA, 90004

$3,100,000


$621.99 per sqft

Active

11 Beds

15 Baths

4,984 sqft

Residential

Built in 2022

Listed by Jeremy Kim with Dream Realty & Investments Inc 213-421-4675

Presenting a 2022 built FULLY LEASED 4-unit townhouse complex with an impressive 5.02% CAP RATE in a quiet and highly desirable part of Los Angeles! Located just minutes from Larchmont Village, Koreatown, and Melrose Hill, the property consists of 2 separate building on one lot. Three of the units have 3 bedrooms 3.5 bathrooms, and one unit is a 2 bedroom 2.5 bathroom unit, all fetching very high and competitive rents. All units have their own unique address and are separately metered for gas, water, and electricity. Each address also has their own trash/recycle bins paid directly from the tenant, minimizing expenses and making it easy to manage for any landlord. Each unit has their own tankless water heaters, recessed lighting, central AC/Heat, laundry machines, built-in microwave, refrigerators, and gas range stove/ovens. 8 parking spaces (including 3 private garage spaces) are available for tenants with the possibility to park 10 cars.This NON-RENT CONTROLLED property is easy to maintain property is a landlord's dream!

24438921

MLS ID

September 12, 2024

Listed

October 7, 2024

Updated

Map

610 N Gramercy Place
Los Angeles CA, 90004

Interior Features

Total Stories

3


Bedrooms

11


Total Bathrooms

15


Appliances

Dishwasher, Disposal, Microwave, Refrigerator, Dryer, Washer


Fireplace

No


Cooling

Yes


Cooling Description

Central Air


Heating

Yes


Heating Description

Central

Exterior/Building Features

Lot Size

0.12 Acres

Other Property Details

Area Name

C18 - Hancock Park-Wilshire


Days on Market

8


Garage

Yes


Parking

Assigned, Controlled Entrance, Door-Single, Driveway, Garage


Parking Total

8


View

No


County

Los Angeles


Pool

No


Pool Features

None


Zoning

LAR3

Listing Contact: 213-380-8949 

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 10/7/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

©2024 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 10/7/2024 at 12:17 PM UTC

 

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