610 N Gramercy Place, Los Angeles, CA 90004 - Berkshire Hathaway HomeServices California Properties
610 N Gramercy Place Los Angeles, CA 90004
$2,880,000 11 beds, 15 baths
4, 984 sqft

Agent Remarks

Presenting a 2022 built FULLY LEASED 4-unit townhouse complex with an impressive 5.02% CAP RATE in a quiet and highly desirable part of Los Angeles! Located just minutes from Larchmont Village, Koreatown, and Melrose Hill, the property consists of 2 separate building on one lot. Three of the units have 3 bedrooms 3.5 bathrooms, and one unit is a 2 bedroom 2.5 bathroom unit, all fetching very high and competitive rents. All units have their own unique address and are separately metered for gas, water, and electricity. Each address also has their own trash/recycle bins paid directly from the tenant, minimizing expenses and making it easy to manage for any landlord. Each unit has their own tankless water heaters, recessed lighting, central AC/Heat, laundry machines, built-in microwave, refrigerators, and gas range stove/ovens. 8 parking spaces (including 3 private garage spaces) are available for tenants with the possibility to park 10 cars.This NON-RENT CONTROLLED property is easy to maintain property is a landlord's dream!

Listing Details

Property type: (Multi-Family)
Status: Active
MLS# 24438921
List price is $2,880,000 Reduced by $140,000 on 4/2/2025
Beds: 11
Baths: 15
Built in 2022
4,984 sqft
0.12 acres
Lot size: 0.1245
County: Los Angeles
Zoning: LAR3
Appliances: Dishwasher,Disposal,Microwave,Refrigerator,Dryer,Washer
Parking description: Assigned,Controlled Entrance,Door-Single,Driveway,Garage
Heating/cooling: Central Air
Heating description: Central
MLS area: C18 - Hancock Park-Wilshire

Last Updated: 7/1/2025

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This listing belongs to the C18 - Hancock Park-Wilshire MLS area

Lat/Long: 34.082060, -118.312273.
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Listing Agent: Jeremy Kim
Lic#: 01234982
Office Name: Mission Viejo

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