941 S Gramercy Place, Los Angeles, CA — listing photo 1
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FOR SALENew Listing

941 S Gramercy Place

Los Angeles, CA 90019
12 Beds
12 Baths
7,360 Sq Ft
Built 1964
$2,695,000

Property Overview

941 S Gramercy Pl & 210 S Commonwealth Ave, Los Angeles To Be Sold Combined, Total $6,285,000! Location! Priced to Sell! Corner Lot! GRM 12.33! Low Expenses & Separately Metered Gas & Electricity! Seller Motivated! Rare opportunity to acquire two well-maintained apartment buildings in prime Los Angeles. Conveniently located just south of 8th Street and west of Western Avenue near Olympic Boulevard, with easy access to Larchmont Village, Country Club Park, Miracle Mile, Hollywood, and Downtown LA.941 S Gramercy Pl features twelve (12) spacious 1-bedroom, 1-bathroom units with upgraded laminate wood flooring and fourteen (14) on-site parking spaces. Low operating expenses and separate gas and electric meters provide efficient ownership. This property generate $17,906/month ($214,872/year) in gross rental income, offering stable cash flow with strong upside potential. Ideal investment for long-term appreciation in a high-demand rental market.

Home Details

Property type
Residential Income
Year built
1964
Living area
7,360 sq ft
Lot size
6,870 sq ft
Parking
14 spaces
Days on market
8
MLS status
Active
Zoning
LAR3

Community, Schools & Utilities

Utilities

Heating
ForcedAir
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Location & Neighborhood

941 S Gramercy Place

Los Angeles, CA 90019

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Frequently Asked Questions About 941 S Gramercy Place

Property type: Residential Income

The current asking price is $2,695,000. Pricing is subject to change and may vary based on market conditions, negotiations, and property updates. Contact our team to verify current pricing.
Yes. Use the Book Visit action or contact form to request an in-person or virtual tour of 941 S Gramercy Place. Our team will confirm availability and timing.
This 12 bedrooms and 12 bathrooms property offers approximately 7,360 square feet of living space. It was built in 1964. Review the listing details and disclosures, then independently verify material features before making a decision.
The property is in Los Angeles, California. Review the map, visit at relevant times of day, and verify schools, commute routes, services, noise, hazards, and local rules for the exact address.
Financing depends on the buyer, lender, property type, condition, appraisal, insurance, and association documents. A qualified lender can confirm available programs and costs for this Los Angeles property.
The MLS currently reports the property as Active. It has been listed for 8 days. Status can change, so verify availability before relying on it.

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Listing Agent

Name: Jae Young Lee
MLS ID: CLW-X44603

Available property

$2,695,000

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Data provided by California Regional Multiple Listing Service, Inc. ("CRMLS"). Information is for viewer's personal, non-commercial use. All data should be independently verified for accuracy.