5700 Gramercy Place

Los Angeles, CA 90062

$849,000

Listed Price
N/A

bed Beds

N/A

shower Baths

N/A sqft

straighten $334 / sqft

1926

calendar_month Built

Property Description

Motivated 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.

Interior Features

Bedroom Information
Bedrooms N/A
Bathroom Information
Bathrooms N/A
Flooring Information
Material Tile, Laminate, Carpet
Interior Information
Features Ceiling Fan(s)
Cooling Type Wall/Window Unit(s)

Listing Information

Address 5700 Gramercy Place
City Los Angeles
State CA
Zip 90062
County Los Angeles
Listing Agent Taylor Light DRE#02084441
Courtesy Of Coldwell Banker Realty
MLS 23306463
List Price $849,000
Status Active
Type Residential Income
Structure Size N/A
Lot Size 6,386
Year Built 1926
DOM 86

Exterior Information

Maps

Listing information courtesy of: Taylor Light, Coldwell Banker Realty . *Based on information from the Association of REALTORS/Multiple Listing as of Apr 5th, 2024 at 4:52 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.