$849,000
5700 Gramercy Place, Los Angeles 90062
4
Beds
3
Baths
2,538
Square feet
6,386
Lot Size
3
# Of Units
Listing Agent
Taylor Light - Coldwell Banker RealtyMotivated Seller! With the combination of affordability and functionality, this Triplex consists of three stand-alone cottages, making it a unique real estate opportunity in the heart of a burgeoning neighborhood. Nestled in a community on the rise, these units are perfect for those seeking an accessible entry into homeownership or for investors looking to tap into this potential. There are no common walls and each unit is individually metered for gas, electricity, AND water. Each unit offers outdoor patios, private yard space, and In-Unit Washer / Dryer hookups. Three Single Car Garages with automatic doors. The Front unit is an Upgraded 2 Bd / 1 Ba house, currently vacant - Set your own rent with tenants paying all utilities! The remaining two units are both 1 Bd, 1 Ba - Tenant Occupied (One Section 8 unit paying $1,081 total for Guaranteed Rent!). Priced right. This is an excellent investment opportunity. 18 GRM and 4 Cap. Located within the California State Opportunity Zone for the ideal investment. Buyer to do own investigations.
Facts & Features
| MLS® # | 23306463 |
|---|---|
| Price | $849,000 |
| Bedrooms | 4 |
| Bathrooms | 3.00 |
| Square Footage | 2,538 |
| Lot Size | 6,386 |
| Year Built | 1926 |
| Type | Residential Income |
| Style | Bungalow |
| Status | Active |
| # Of Units | 3 |
Community Information
| Address | 5700 Gramercy Place |
|---|---|
| Area | PHHT - Park Hills Heights |
| City | Los Angeles |
| County | Los Angeles |
| Zip Code | 90062 |
Amenities
| Parking | Door-Multi, Garage |
|---|---|
| # of Garages | 3 |
| Garages | Door-Multi, Garage |
| View | None |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Interior | Carpet, Laminate, Tile |
|---|---|
| Interior Features | Ceiling Fan(s) |
| Heating | Wall Furnace |
| Cooling | Wall/Window Unit(s) |
| Has Basement | No |
| Fireplace | No |
| Stories | One |
Exterior
| Exterior Features | Dock |
|---|
Additional Information
| Date Listed | January 13th, 2024 |
|---|---|
| Days on Market | 112 |
| Zoning | LAR2 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Agent | Taylor Light |
|---|---|
| Office | Coldwell Banker Realty |