1819 S Gramercy Place, Los Angeles, CA 90019

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Property Description

JUST REDUCED $300,000. 1970's construction means LARGE units...in Arlington Heights. Mid City buildings, like this, are highly walkable to dining, retail and dining along Venice Blvd. and Western Ave. Seismically-retrofitted carport parking, as well as open spots in rear. Attractive curb appeal and 20+ years newer than the 'typical' LA building, built in the 50s or 60s. Massive, unrealize upside. Scheduled allowable rent increase of 4% in early 2024.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., 20 units at 1554 S. Gramercy Pl. and 20 units at 2340-42 Crenshaw Bl.


Interior Features

Bedroom Information
Bedrooms 33
Bathroom Information
Bathrooms 18
Interior Information
Cooling Type None

Listing Information

Address 1819 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 15,851
Lot Size 17,804
Year Built 1972

Listing information courtesy of: Brice Head, CBRE, Inc.. *Based on information from the Association of REALTORS/Multiple Listing as of Aug 13th, 2024 at 7:34 PM 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.