1819 S Gramercy Place

Los Angeles, CA 90019

PRICE REDUCED

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-$300,000 (-6.52%)

$4,299,000

List Price

33

bed Beds

18

shower Baths

15,851 sqft

straighten / sqft

1972

calendar_month Built

Property Description

JUST REDUCED $300,000. 1970's construction means LARGE units...in Arlington Heights. Mid City buildings, like this, are highly walkable to dining, retail and dining along Venice Blvd. and Western Ave. Seismically-retrofitted carport parking, as well as open spots in rear. Attractive curb appeal and 20+ years newer than the 'typical' LA building, built in the 50s or 60s. Massive, unrealize upside. Scheduled allowable rent increase of 4% in early 2024.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., 20 units at 1554 S. Gramercy Pl. and 20 units at 2340-42 Crenshaw Bl.

Listing Information

List Price $4,299,000
Status Active
MLS 23324387
Type Residential Income
Year Built 1972
Lot Size 17,804
Structure Size 15,851
DOM 295
Courtesy Of CBRE, Inc.
Listing Agent Brice Head DRE#01330706

Interior Features

Total Bedroom
Bedrooms 33
Total Bathroom
Bathrooms 18
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 Aug 13th, 2024 at 7:34 PM 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.