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1554 S Gramercy Pl
Los Angeles, CA 90019

JUST REDUCED $300,000 · Multifamily Property For Sale · 20 Units

Investment Highlights

  • Competitive 5% cap +/- day one with 7% cap upside
  • Secured-access entry and parking
  • Seismic done
  • Strong, corner location with good visibility
  • Open courtyard style

PROPERTY FACTS

No. Units 20
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low Rise
Building Class C
Lot Size 0.29 AC
Building Size 13,792 SF
No. Stories 3
Year Built 1963

Unit Amenities

  • Balcony
  • Hardwood Floors

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
Studios 3 - 375
1+1 11 - 600
2+1 6 - 750

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
5073-007-008
Land Assessment
$2,948,554
Improvements Assessment
$1,340,252
Total Assessment
$4,288,806
Annual Taxes
$50,513 ($3.66/SF)
Tax Year
2024

zoning

Zoning Code LAR4
LAR4
  • Listing ID: 29834037

  • Date on Market: 10/19/2023

  • Last Updated:

  • Address: 1554 S Gramercy Pl, Los Angeles, CA 90019

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