1554 S Gramercy Place, Los Angeles, CA 90019

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Property Description

JUST REDUCED $300,000. A tried-and-true Arlington Heights building on a large corner lot. Mid City buildings, like this, are highly walkable to dining, retail and dining along Venice Blvd. and Western Ave. Secured-access entry to open courtyard-style configuration - and lots of parking in the seismically-retrofitted carports, in addition to a detached parking structure also. Strong, corner lot location, as well. 4% rent increase opportunity in early 2024, too. Part of a 4-Building, 75 unit Portfolio Sale. Available together or separately. The other 3 addresses are as follows: 17 units at 1876 Buckingham Rd. 18 units at 1819 Gramercy Pl. 20 units at 2340-42 Crenshaw Bl.


Interior Features

Bedroom Information
Bedrooms N/A
Bathroom Information
Bathrooms 20
Interior Information
Cooling Type None

Listing Information

Address 1554 S Gramercy Place
City Los Angeles
State CA
Zip 90019
County Los Angeles
Listing Agent Brice Head DRE #01330706
Courtesy Of CBRE, Inc.
List Price $4,299,000
Status Active
Type Residential Income
Structure Size 13,792
Lot Size 12,691
Year Built 1963

Listing information courtesy of: Brice Head, CBRE, Inc.. *Based on information from the Association of REALTORS/Multiple Listing as of Apr 10th, 2024 at 12:49 AM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.