941 S Gramercy PL Active Save Request In-Person Tour Request Virtual Tour
Los Angeles,CA 90019
Key Details
Property Type Multi-Family
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 7,360 sqft
Price per Sqft $434
MLS Listing ID MB24109041
HOA Y/N No
Year Built 1964
Lot Size 6,869 Sqft
Acres 0.1577
Property 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.
Location
State CA
County Los Angeles
Area Krea - Koreatown
Zoning LAR3
Rooms
Ensuite Laundry Common Area,Inside
Interior
Laundry Location Common Area,Inside
Fireplaces Type None
Fireplace No
Appliance Dryer,Washer
Laundry Common Area,Inside
Exterior
Garage Assigned,Controlled Entrance,Covered,Driveway Level,Garage,Garage Door Opener
Garage Spaces 14.0
Garage Description 14.0
Pool None
Community Features Street Lights,Sidewalks,Urban
Parking Type Assigned,Controlled Entrance,Covered,Driveway Level,Garage,Garage Door Opener
Total Parking Spaces 14
Private Pool No
Building
Lot Description Street Level
Story 2
Entry Level Two
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 5081025007
Acceptable Financing 1031 Exchange
Listing Terms 1031 Exchange
Special Listing Condition Standard