941 S Gramercy Pl, Los Angeles, CA 90019
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941 S Gramercy Pl, Los Angeles, CA 90019
941 S Gramercy Pl, Los Angeles, CA 90019
941 S Gramercy Pl, Los Angeles, CA 90019
941 S Gramercy Pl, Los Angeles, CA 90019
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George Salazar

George Salazar

+1(310) 400-6756
$ 2,695,000
Est. payment /mo
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Active

941 S Gramercy Pl Los Angeles, CA 90019

12 Beds

12 Baths

7,360 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 7,360 sqft

Price per Sqft $366

MLS Listing ID 26655597

Bedrooms 12

Year Built 1964

Lot Size 6,870 Sqft

Acres 0.1577

Property Sub-Type Multi-Family

Property Description

941 S Gramercy Pl & 210 S Commonwealth Ave, Los Angeles To Be Sold Combined, Total $6,285,000! Location! Priced to Sell! Corner Lot! GRM 12.33! Low Expenses & Separately Metered Gas & Electricity! Seller Motivated! Rare opportunity to acquire two well-maintained apartment buildings in prime Los Angeles. Conveniently located just south of 8th Street and west of Western Avenue near Olympic Boulevard, with easy access to Larchmont Village, Country Club Park, Miracle Mile, Hollywood, and Downtown LA.941 S Gramercy Pl features twelve (12) spacious 1-bedroom, 1-bathroom units with upgraded laminate wood flooring and fourteen (14) on-site parking spaces. Low operating expenses and separate gas and electric meters provide efficient ownership. This property generate $17,906/month ($214,872/year) in gross rental income, offering stable cash flow with strong upside potential. Ideal investment for long-term appreciation in a high-demand rental market.

Location

State CA

County Los Angeles

Area Hancock Park-Wilshire

Zoning LAR3

Rooms

Other Rooms None

Interior

Heating Forced Air

Cooling Wall Unit(s)

Equipment Range/Oven

Laundry Community

Exterior

Parking Features Assigned

Garage Spaces 14.0

Pool None

Building

Level or Stories Three Or More

Others

Special Listing Condition Standard

TheMLS (CLAW)
The multiple listings information is provided by The MLSTM/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026 The MLSTM/CLAW. All Rights Reserved.

The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

Listed by Ivy Realty Co.
George Salazar

George Salazar

Agent | License ID: 00884017

+1(310) 400-6756

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941 S Gramercy Pl