453 S GRAMERCY PL (14 Units)
453 S GRAMERCY PL (14 Units)
453 S GRAMERCY PL (14 Units)
453 S GRAMERCY PL (14 Units)
453 S GRAMERCY PL (14 Units)
453 S GRAMERCY PL (14 Units)
453 S GRAMERCY PL (14 Units)
453 S GRAMERCY PL (14 Units)
453 S GRAMERCY PL (14 Units)
453 S GRAMERCY PL (14 Units)
453 S GRAMERCY PL (14 Units)
453 S GRAMERCY PL (14 Units)
453 S GRAMERCY PL (14 Units)
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453 S GRAMERCY PL (14 Units)
453 S GRAMERCY PL (14 Units)
453 S GRAMERCY PL (14 Units)
453 S GRAMERCY PL (14 Units)
453 S GRAMERCY PL (14 Units)
453 S GRAMERCY PL (14 Units)
453 S GRAMERCY PL (14 Units)
453 S GRAMERCY PL (14 Units)
453 S GRAMERCY PL (14 Units)
453 S GRAMERCY PL (14 Units)
453 S GRAMERCY PL (14 Units)
453 S GRAMERCY PL (14 Units)
453 S GRAMERCY PL (14 Units)
Sold

453 S GRAMERCY PL (14 Units)

453 S GRAMERCY PL, LOS ANGELES, CA 90020

$2,200,000
Gross income, Cap Rate and GRM assumes that vacant Unit 6 will be leased by Seller at $1,595/month. See Docs for Offering Memorandum. Unit mix consist of eight (8) large studios and six (6) large one bedroom/one bath units built in 1966. The property was renovated in 2017 and 13 of the 14 tenants are new since 2017. The studios feature large kitchens and living areas, significant closet and storage space, and bathroom vanities have a separate space from the toilets/showers in many of the units. The one-bedroom units feature large kitchens, ample closet and storage space and the living areas and bedrooms are uniquely large for this unit type. Each of the units are separately metered for gas and electricity. One washer and dryer is available on-site for tenant use. Parking is provided on-site with fourteen (14) tuck under spaces. Sale includes two parcels - APN#5504-025-021 and 5504-025-024

8
beds

14
baths

8,594 Sq.Ft. LIVING AREA

0.184 Acres lot

John Swartz

John Swartz

Features & Amenities

Interior

  • total bedrooms8
  • Total bathrooms14
  • full bathrooms14

Area & Lot

  • Status Sold
  • Living Area8,594 Sq.Ft.
  • Lot Area0.184 Acres
  • MLS® ID20-561006
  • TypeMULTI_FAMILY
  • YEAR BUILT1966

Exterior

  • STORIES2
  • parkingOther
  • HEAT TYPEOther
  • AIR CONDITIONINGOther

Financial

  • Sales Price$2,200,000
  • Zoning LAR4

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Work With True North CRE

We take the time to get to know our clients on a personal level, building lasting trusting relationships that are essential to a successful transaction. Having worked on the principal side of the business we understand both sides of the transaction and can overcome any hurdle that may come up during a deal.  Our goal is to provide an enjoyable experience that leads to a successful outcome for all involved.  We'd love to get to know you; open up a discussion and see what transpires.