Address
4817 S Gramercy Place Los Angeles, CA
Price
$ 1,249,000
Property Attributes
  • MLS#21754180
  • TypePending
  • CountyLOS ANGELES
  • CityLos Angeles
  • AreaPark Hills Heights
  • Zip90062
  • Style
  • Price$ 1,249,000
  • Bedrooms9
  • Full Bathrooms5
  • Half Bathrooms0
  • Sqr Footage3360
  • Lot Size6,500 SqFt
Listing Provided Courtesy Of:
Joseph Segal with Kingstone Properties, Inc. - 602-284-7369
Data Source:
California Regional MLS (CRMLS)
Property Description

Incredible investment opportunity with potential to be over a 6.75% cap rate! This property is perfect for an Investor who is looking for a low-maintenance income property centrally located, close to shopping centers, schools, parks, public transportation and short drive to Downtown LA and it's amenities. Completely remodeled. Building has individual water heaters, separate gas meters and one water meter. All utilities are billed back to tenants so there are very low landlord expenses. Room for 4 car parking in the back which can be rented out to tenants for additional income. Laundry machines owned by landlord which also provide extra income. Parking and laundry income are not currently reflected in the building income.

Price History
6/28/2021 Listed $1,299,000
8/13/2021 4% - $1,249,000

General Features

Cooling None
Heating None
Listing Agent Joseph Segal - BRE#01897720
Listing Agent State License 01897720
Lot Size Square Feet 6500
MLS Area PHHT - Park Hills Heights
Property Type Residential Income
Senior Community Y/N No
Special Listing Conditions Standard
Status Pending
Total Units 3
Zoning LAR4

Exterior Features

Lot Size Acres 0.15
Lot Size Area 6500
Lot Size Units Square Feet
Number of Buildings 1
Parking Features Uncovered

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Pending Average in 90062

Price
AVG $840K
$1.25M
Visits
AVG 74
77
Year Built
AVG 1923
1919
Walkscore
AVG 68
68
Data Provided by Walkscore ® not using MLS data

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