Los Angeles, CA 90019 941 S Gramercy Place

941 S Gramercy Place Los Angeles, CA - Image 1941 S Gramercy Place Los Angeles, CA - Image 2941 S Gramercy Place Los Angeles, CA - Image 3
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941 S Gramercy Place Los Angeles, CA - Image 4941 S Gramercy Place Los Angeles, CA - Image 5941 S Gramercy Place Los Angeles, CA - Image 6
Presented By: ALFREDO GUERRA with GEORGE MICHAEL REALTY; 626-476-1501
  • California Regional MLS (CRMLS) - 25 - CA
  • MLS# MB25006979
  • 01/10/2025
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Disclaimer: The information contained in this listing has not been verified by Sell Buy OC Homes and should be verified by the buyer.
  • Beds • 12
  • Baths • 12
  • SQFT • 7,360
  • Garage • 14

Home Details

Income Investment property for sale in Prime Korea Town area. Thiis building has 12 well maintained multifamily units and are located close to restaurants, shopping centers, markets, and schools Koreatown submarket area. Originally built in 1964, the three-story apartments building with the parking lot on the first level consists of twelve (12) large 0ne-bedroom and one-bathroom units and one parking assigned for each unit. Most units are upgraded with new laminate wood floors. kitchen area. There are 14 parking spaces and a bonus room on the ground floor which can be used for storage, office, etc. For additional reference this investment is situated just South of 8th Street and West of Western Avenue near to Olympic Blvd. This location provides tenants easy access to surrounding areas including Larchmont Village, Country Club Park, Miracle Mile, Hollywood, Downtown, Chinatown. In addition of this, the property is conveniently located near the 110, 101, and 10 Freeways. Property to be sold in "As-Is" condition, no termite or work repairs to be done by Sellers. Buyer responsible in verifying all property details. Sellers are very motivated to make a deal, please do not disturbed tenants and subject to interior inspection upon an acceptance offer. Property to be sold in "As-Is" condition, no work repairs to be done by sellers. Buyer is responsible for verifying all property details.
Presented By: ALFREDO GUERRA with GEORGE MICHAEL REALTY; 626-476-1501

Interior Features for 941 S Gramercy Place

Other Interior Features

Air Conditioning Y/NNo
Basement (Y/N)No
Common WallsNoCommonWalls
Fireplace Y/NNo
Heating Y/NNo
Laundry FeaturesCommonArea
Total Stories2

Other Rooms

Entry Level

General for 941 S Gramercy Place

Additional Parcels Y/NNo
Attached Garage No
Building Area UnitsSquareFeet
Carport Y/NNo
CityLos Angeles
Community FeaturesUrban
CountyLos Angeles
DirectionsGramercy Place and Western Ave.
Electric Expense0.0
Electric On Property Y/NNo
Entry Location
Fuel Expense0.0
Garage Spaces14.0
Garage Y/NYes
Gross Income0.0
HOANo
HOA Fee$0.0
Home Warranty Y/NNo
Insurance Expense0.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsTwo
Listing TermsExchange1031
Lot Size Square Feet6870.0
Lot Size UnitsSquareFeet
MLS AreaKREA - Koreatown
MobileHomeRemainsYNNo
Net Operating Income0.0
New ConstructionNo
Number Of Units Total12
Number of Units Leased12
Operating Expense0.0
Pool FeaturesNone
Property Attached Y/NNo
Property Sub Type AdditionalMixedUse
Property SubtypeMixedUse
Property TypeResidentialIncome
Rent Control Y/NYes
Senior Community Y/NNo
SewerPublicSewer
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories2
Tax Lot65
Trash Expense0.0
Water Sewer Expense0.0
Waterfront Y/NNo
Year Built1964
Year Built SourceAssessor
ZoningLAR3

Exterior for 941 S Gramercy Place

Building Area Total7360.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesCornerLot
Lot Size Acres0.1577
Lot Size Area6870.0
Lot Size SourceAssessor
Number of Buildings1
Number of Separate Electric Meters13
Number of Separate Gas Meters13
Number of Separate Water Meters1
Open Parking Y/NNo
Parking FeaturesAssigned, ControlledEntrance
Private PoolNo
SpaNo
Total Parking14.0
Water SourcePublic

Additional Details

Price History

Hal Schlegel

Broker Associate
Price $3,300,000
MLS#MB25006979
List Date 01/10/2025
Property Type Multi-Family
Phone 714.742.6515
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