5700 S Gramercy Place, Los Angeles, CA 90062
List Price: $859K
Listing Status: Active
0Days on Market: 0
4 Bedrooms · 3 Bathrooms · 2,538 sq ft
Property Type: ResidentialIncome
Year Built: 1926
Lot Size: 6,386 sq ft
Garage Spaces: 3
MLS Number: 25607637
About This Property
Motivated Seller! With the combination of affordability and functionality, this Triplex consists of three stand-alone cottages on a corner lot, 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, which is currently occupied by one Section 8 tenant. 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. Buyer to do own investigations. ADU Potential!