$8,500,000
430 S Gramercy Place, Los Angeles, CA 90020
15,018
Lot Size
30
# Of Units
Listing Agent
Brett Bayless - Brett Bayless, Broker - 949-887-2465Gramercy Townhouse, a 30-unit apartment community located in prime Wilshire Center; North of Wilshire & West of Western. This property provides an opportunity to acquire a value-add asset in one of the most desirable neighborhoods in Los Angeles. Built in 1964, Gramercy Townhouse is a three-story, 30-unit apartment community located on South Gramercy Place in Los Angeles, CA. The property is comprised of one residential building totaling 20,547 square feet, situated on a 0.34-acre site. The apartment homes feature efficiencies, studios, one-bedroom and two-bedroom floor plans. Gramercy Townhouse boasts a spacious courtyard, swimming pool, patio tables with umbrellas, elevator, gated garage parking, and laundry room. Potential to add 2 ADU’s, one studio that already has new plumbing, the other slightly heavier lift for ~725 square feet. Units not touched in terms of modernization.
Facts & Features
| MLS® # | OC23004064 |
|---|---|
| Price | $8,500,000 |
| Bathrooms | 0.00 |
| Lot Size | 15,018 |
| Year Built | 1964 |
| Type | Residential Income |
| Sub-Type | Apartment |
| Status | Active |
| # Of Units | 30 |
Community Information
| Address | 430 S Gramercy Place |
|---|---|
| Area | C17 - Mid-Wilshire |
| City | Los Angeles |
| County | Los Angeles |
| State | CA |
| Zip Code | 90020 |
Amenities
| Parking Spaces | 28 |
|---|---|
| Parking | Driveway, Garage, Controlled Entrance, Gated, On Site, Paved, Storage, Workshop in Garage |
| # of Garages | 28 |
| Garages | Driveway, Garage, Controlled Entrance, Gated, On Site, Paved, Storage, Workshop in Garage |
| Is Waterfront | No |
| Has Pool | Yes |
| Pool | Fenced, In Ground, Private |
Interior
| Interior | Carpet, Laminate, Vinyl |
|---|---|
| Interior Features | Ceiling Fan(s), Wired for Data |
| Appliances | Electric Range, Disposal, Refrigerator, Tankless Water Heater, Water Heater |
| Has Basement | No |
| Fireplace | No |
| # of Stories | 3 |
| Stories | Three Or More |
Exterior
| Lot Description | Back Yard, Landscaped, Garden |
|---|---|
| Windows | Screens, Garden Window(s) |
| Roof | Membrane |
Additional Information
| Date Listed | January 9th, 2023 |
|---|---|
| Days on Market | 17 |
| Zoning | LAR4 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
| HOA Fees | 0.00 |
Listing Details
| Agent | Brett Bayless |
|---|---|
| Office | Brett Bayless, Broker |
| Info | 949-887-2465 |