1554 S Gramercy Place

Los Angeles, CA 90019

PRICE REDUCED

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-$300,000 (-6.52%)

$4,299,000

List Price

N/A

bed Beds

20

shower Baths

13,792 sqft

straighten / sqft

1963

calendar_month Built

Property Description

JUST REDUCED $300,000. A tried-and-true Arlington Heights building on a large corner lot. Mid City buildings, like this, are highly walkable to dining, retail and dining along Venice Blvd. and Western Ave. Secured-access entry to open courtyard-style configuration - and lots of parking in the seismically-retrofitted carports, in addition to a detached parking structure also. Strong, corner lot location, as well. 4% rent increase opportunity in early 2024, too. Part of a 4-Building, 75 unit Portfolio Sale. Available together or separately. The other 3 addresses are as follows: 17 units at 1876 Buckingham Rd. 18 units at 1819 Gramercy Pl. 20 units at 2340-42 Crenshaw Bl.

Listing Information

List Price $4,299,000
Status Active
MLS 23324341
Type Residential Income
Year Built 1963
Lot Size 12,691
Structure Size 13,792
DOM 295
Courtesy Of CBRE, Inc.
Listing Agent Brice Head DRE#01330706

Interior Features

Total Bedroom
Bedrooms N/A
Total Bathroom
Bathrooms 20
Cooling Type
Cooling Type None

Exterior Information

Maps

Listing information courtesy of: Brice Head, CBRE, Inc. . *Based on information from the Association of REALTORS/Multiple Listing as of Apr 10th, 2024 at 12:49 AM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. 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.