932 S Gramercy Place, Los Angeles, CA 90019
List Price: $1.68M
Listing Status: Active
0Days on Market: 0
10 Bedrooms · 10 Bathrooms · 4,800 sq ft
Property Type: ResidentialIncome
Year Built: 1966
Lot Size: 7,502 sq ft
MLS Number: 26865385
About This Property
Rare investment opportunity in the highly desirable western section of Koreatown. Situated on a 7,500 SF R3-zoned lot within a TOC Tier 3 area, this well-maintained five-unit apartment building offers stable rental income with strong long-term upside. Approximately 4,800 SF property features five spacious 2-bedroom, 2-bathroom units, a unit mix that continues to be in high demand among renters. The property is occupied by reliable tenants with a strong payment history, providing consistent cash flow for investors. Located on a quiet residential street just west of the heart of Koreatown, the property enjoys close proximity to Hancock Park, Mid-Wilshire, Larchmont Village, Downtown Los Angeles, restaurants, shopping, Metro stations, and major freeways. This central location continues to attract strong tenant demand and offers long-term investment stability. Whether you're looking for a stable income property, a long-term hold, or a future development opportunity, 932 S. Gramercy Place offers the flexibility and potential that investors seek in one of Los Angeles' strongest rental markets.
Listing provided by: Mia Shin DRE #01976563 661-675-6000 miashinkim@gmail.com, Seeders Real Estate
Source: CRMLS, MLS #: 26865385
Belmont Brokerage Inc. (DRE #02431308) is not the listing office for this property. We provide buyer representation and consultation. Any “Schedule a Tour” or “Contact” form on this page contacts a Belmont Brokerage agent — not the listing agent above.