941 S Gramercy Pl - Apartments FOR SALE


Los Angeles, CA 90019- Koreatown
$3,300,000 USD
323-646-2100
941 S Gramercy Pl, Los Angeles, CA for Sale
$3,300,000 USD
Apartments - FOR SALE
1/10
null | Request Cap Rate

941 S Gramercy Pl
Los Angeles, CA 90019
Koreatown


OVERVIEW

Income Investment property for sale in Prime Korea Town area. This has 12 well maintained multifamily units and are located close to restaurants, shopping centers, markets and schools in Koreatown submarket area. Originally build in 1964, the three-story apartments building has a parking lot with gate remote access on the first level and consists of twelve (12) large One-bedroom and One-bathroom units, each units have one parking assigned. All the units are upgraded with new laminate wood floor, kitchen area. There are 14 parking spaces and a bonus room on the first level 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 including Larchmont Village, Country Club Park, Miracle Mile, Hollywood, Downtown area, Chinatown. In addition of this, it is conveniently located near the 110, 101, and 10 Freeways. Property to be sold in "As-Is" condition, no repairs will 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.

FOR SALE DETAILS

PRICE

$3,300,000 USD

PRICE/SF

$448 USD /SF

# OF UNITS

12

PRICE/UNIT

$275,000

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1964

PARKING SPACES

14

LAND DETAILS

LAND ACRES

0.16 AC

LAND SF

6,869 SF

ZONING

LAR3

APN/PARCEL ID

5081-025-007

ASK ABOUT THIS PROPERTY

Rudy RodriguezGeorge Michael RealtyMore Info
323-646-2100

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Rudy RodriguezGeorge Michael RealtyMore Info
323-646-2100

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.