5700 S Gramercy Place Los Angeles, CA ^$ 849,000

5700 S Gramercy Place

^$ 849,000

Back to search

5700 S Gramercy Place

Los Angeles, CA, 90062

^$ 849,000

Bedrooms4 Baths3.0 Sq 2,538

Monthly Estimate*

^$ 5,931

Listed by Coldwell Banker Realty

5700 S Gramercy Place, Los Angeles, CA 90062 - Image 1

5700 S Gramercy Place, Los Angeles, CA 90062 - Image 2

5700 S Gramercy Place, Los Angeles, CA 90062 - Image 3

5700 S Gramercy Place, Los Angeles, CA 90062 - Image 4

5700 S Gramercy Place, Los Angeles, CA 90062 - Image 5

5700 S Gramercy Place, Los Angeles, CA 90062 - Image 6

5700 S Gramercy Place, Los Angeles, CA 90062 - Image 7

5700 S Gramercy Place, Los Angeles, CA 90062 - Image 8

5700 S Gramercy Place, Los Angeles, CA 90062 - Image 9

5700 S Gramercy Place, Los Angeles, CA 90062 - Image 10

5700 S Gramercy Place, Los Angeles, CA 90062 - Image 11

5700 S Gramercy Place, Los Angeles, CA 90062 - Image 12

5700 S Gramercy Place, Los Angeles, CA 90062 - Image 13

5700 S Gramercy Place, Los Angeles, CA 90062 - Image 14

5700 S Gramercy Place, Los Angeles, CA 90062 - Image 15

5700 S Gramercy Place, Los Angeles, CA 90062 - Image 16

5700 S Gramercy Place, Los Angeles, CA 90062 - Image 17

5700 S Gramercy Place, Los Angeles, CA 90062 - Image 18

5700 S Gramercy Place, Los Angeles, CA 90062 - Image 19

5700 S Gramercy Place, Los Angeles, CA 90062 - Image 20

5700 S Gramercy Place, Los Angeles, CA 90062 - Image 21

5700 S Gramercy Place, Los Angeles, CA 90062 - Image 22

5700 S Gramercy Place, Los Angeles, CA 90062 - Image 23

5700 S Gramercy Place, Los Angeles, CA 90062 - Image 24

5700 S Gramercy Place, Los Angeles, CA 90062 - Image 25

5700 S Gramercy Place, Los Angeles, CA 90062 - Image 26

5700 S Gramercy Place, Los Angeles, CA 90062 - Image 27

5700 S Gramercy Place, Los Angeles, CA 90062 - Image 28

5700 S Gramercy Place, Los Angeles, CA 90062 - Image 29

5700 S Gramercy Place, Los Angeles, CA 90062 - Image 30

5700 S Gramercy Place, Los Angeles, CA 90062 - Image 31

Multi-Family Home for sale in Los Angeles, CA

for $849,000 with 4 bedrooms and 3 full baths. This 2,538 square foot home was built in 1926 on a lot size of 0.1466.

Motivated Seller! With the combination of affordability and functionality, this Triplex consists of three stand-alone cottages, 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, currently vacant - Set your own rent with tenants paying all utilities! 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. 18 GRM and 4 Cap. Located within the California State Opportunity Zone for the ideal investment. Buyer to do own investigations.

Multi-Family Active

Price

^$ 849,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 0

Style

Bungalow

Lot Size

0.1466

Year Built

1926

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

23306463

Days on Market

129

Features

General

Interior Features CeilingFans

Heating WallFurnace

Cooling WallWindowUnits

Exterior Features Dock

Zoning LAR2

Garage Spaces 3.0

Architectural Style Bungalow

Year Built 1926

View None

Stories 1

Levels One

Gross Income 49236.0

County Los Angeles

Net Operating Income 34135.0

Insurance Expense 2500.0

New Construction N

Property Type ResidentialIncome

HOA / Comm Assn N

Attached Garage N

Garage Y/N Y

Special Listing Conditions Standard

Status Active

Directions North of Slauson East of Van Ness West of Western Ave.

City Los Angeles

View Y/N N

Senior Community Y/N N

Total Units 3

MLS Area PHHT - Park Hills Heights

Lot Size Square Feet 6386.0

Private Pool N

Waterfront Y/N N

Carport Y/N N

Street Name Gramercy

Property Attached Y/N N

Land Lease Y/N N

Home Warranty Y/N N

Water Sewer Expense 2400.0

Lease Renewal Y/N N

Additional Parcels Y/N N

Lease Considered Y/N N

Rent Control Y/N N

Days on Market 83

Standard Status Active

Taxes 9000.0

Interior

Flooring Carpet Laminate Tile

Total Stories 0

Common Walls NoCommonWalls

Basement (Y/N) N

Air Conditioning Y/N Y

Heating Y/N Y

Fireplace Y/N N

Full Baths 0

Half Baths 0

1/4 Baths 0

3/4 Baths 0

Street Suffix Place

Laundry Features Stacked

Total Bedrooms 4

Electric On Property Y/N N

Total Baths 3

Exterior

Parking Features DoorMulti Garage

Total Parking 0.0

Lot Size Area 6386.0

Number of Buildings 3

Spa N

Building Area Total 2538.0

Lot Size Acres 0.1466

Lot Size Units SquareFeet

Lot Size Source Other

Door Features DoubleDoorEntry

Crops Included Y/N N

Open Parking Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

Internal Only

Street Number 1 5700

* Excluded Features

List By

Coldwell Banker Realty

Broker

(310) 963-6768

Phone

Affordability Calculator

$5,931

Per Month

Monthly Principal & Interest: $5,931
Monthly Property Taxes: --
Monthly Home Insurance: --

Set your offer price

Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Learn more about how to save

Discover how much house you can afford

Your dream home may be within reach.

Learn More about how to save

THE TIME TO SELL IS NOW!

Nearby

Trends
Schools

Multi-family listings in Los Angeles, CA

Average List Price ^$1,983,367

Percent of Sale Price 134%

About Los Angeles, CA

3,920,026 Population

6% Since 2002

^$55,057 Median Income

36.82 Median Age

27% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

273443 Elementary School

272636 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
2/13/2024	$849,000	-5.56%	Price Down
1/13/2024	$899,000		Listed Price

Map

More homes like this one

homes for you

See all

5700 S Gramercy Place, Los Angeles, CA, 90062 is a Multi-Family Home for sale at $849,000 with 2,538 sqft and a lot size of 0.1466. 5700 S Gramercy Place has 4 bedrooms, 3.0 baths, and was built in 1926. The property's zip code is 90062 which is in Los Angeles, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 5/21/2024. 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.

*Full Name

*Email

*Phone

I am interested in financing options

Get more info

By submitting the form, you agree that Weichert^® may contact you via phone or text about your inquiry, which may involve the use of automated means. You are not required to consent as a condition of purchasing any property, goods or services. For any other information please read our privacy policy.

Get more info

Looking for an Associate?

Already Working with an Associate?

5700 S Gramercy Place

Multi-Family Home for sale in Los Angeles, CA

Affordability Calculator

Map

More homes like this one

Get more info about this home