Real Estate Listings & Homes for Sale
4817 S Gramercy Place Los Angeles, CA 90062
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Incredible investment opportunity with potential to be over a 6.75% cap rate! This property is perfect for an Investor who is looking for a low-maintenance income property centrally located, close to shopping centers, schools, parks, public transportation and short drive to Downtown LA and it's amenities. Completely remodeled. Building has individual water heaters, separate gas meters and one water meter. All utilities are billed back to tenants so there are very low landlord expenses. Room for 4 car parking in the back which can be rented out to tenants for additional income. Laundry machines owned by landlord which also provide extra income. Parking and laundry income are not currently reflected in the building income.
a month ago | Listing updated with changes from the MLS | |
6 months ago | Status changed to Pending | |
8 months ago | Status changed to Active | |
9 months ago | Status changed to Pending | |
9 months ago | Price changed to $1,249,000 | |
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