$3,300,000
For Sale

941 S Gramercy Place

Los Angeles, CA 90019
0.16 acres | #MB25006979
Listing OfficeGEORGE MICHAEL REALTY
Browse 7 photos
Type:Multi-Family
Structure:Duplex/Multi-Unit
Zone:Residential

Description

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.

  • Property Details
      • Property TypeMulti-Family
      • Sewer InformationPublicSewer
      • CountyLos Angeles
      • Original List Price$3,300,000
      • MLS #MB25006979
      • MLS #MB25006979
      • Lot DescriptionCornerLot
      • Property SubtypeMixedUse
      • Cost3300000
      • Acres0.1577
      • Utility SourcePublic
      • Year Built1964
      • Parking Spaces14
      • Stories2

Location

Justin ThomasReal Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
$0.00
Loan Amount
$0.00

Nearby Listings in 90019