838 S GRAMERCY PLACE, LOS ANGELES CA 90005
- 6,324 sq.ft.
- 7,502 sq.ft. lot
Property Description
We are please to announce the sale of 838 S Gramercy place,8 unit apartment. In addition to provide strong cash flow, this apartment provides a new buyer with a successfully investment. This apartment conveniently located near restaurants and bank, bus stop, metro station on Hancock Park Area. The well-maintained building and units at 838 Gramercy ensure a rare investment opportunity, while 100% occupancy reflects the property's strong rental appeal. there is significant value-add potential and substantial rental upside for investors looking to increase income and maximize returns. Located in one of the most desirable streets in the Hancock-Wilshire area and with a 91 Walkability Score, this building has enjoyed both low tenant turnover and high rental demand. Convenient to freeways, top-rated restaurants, shopping, public transportation, nightlife and more. Don't miss this rare opportunity to acquire a high-performing asset with long-term appreciation potential.DO NOT DISTURBED TENANTS. Buyer and buyer's agent to verify and rely on their findings. This property is being "Sold As Is" with no warranty or liability to seller and brokers. No Vacancy
Listing Courtesy of Jae Sung Choi, Ivy Realty Co.
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Based on information from California Regional Multiple Listing Service, Inc. as of February 27, 2025. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
