610 N Gramercy Place, Los Angeles, CA 90004

Photo 1 Photo 2 Photo 3 Photo 4 Photo 5 Photo 6 Photo 7 Photo 8 Photo 9 Photo 10 Photo 11 Photo 12 Photo 13 Photo 14 Photo 15 Photo 16 Photo 17 Photo 18 Photo 19 Photo 20 Photo 21 Photo 22 Photo 23

Property Description

Presenting a 2022 built FULLY LEASED 4-unit townhouse complex with an impressive 5.02% CAP RATE in a quiet and highly desirable part of Los Angeles! Located just minutes from Larchmont Village, Koreatown, and Melrose Hill, the property consists of 2 separate building on one lot. Three of the units have 3 bedrooms 3.5 bathrooms, and one unit is a 2 bedroom 2.5 bathroom unit, all fetching very high and competitive rents. All units have their own unique address and are separately metered for gas, water, and electricity. Each address also has their own trash/recycle bins paid directly from the tenant, minimizing expenses and making it easy to manage for any landlord. Each unit has their own tankless water heaters, recessed lighting, central AC/Heat, laundry machines, built-in microwave, refrigerators, and gas range stove/ovens. 8 parking spaces (including 3 private garage spaces) are available for tenants with the possibility to park 10 cars.This NON-RENT CONTROLLED property is easy to maintain property is a landlord's dream!


Interior Features

Bedroom Information
Bedrooms 11
Bathroom Information
Bathrooms 15
Interior Information
Cooling Type Central Air

Listing Information

Address 610 N Gramercy Place
City Los Angeles
State CA
Zip 90004
County Los Angeles
Listing Agent Jeremy Kim DRE #02045187
Courtesy Of Dream Realty & Investments Inc
List Price $3,100,000
Status Active
Type Residential Income
Structure Size 4,984
Lot Size 5,423
Year Built 2022

Listing information courtesy of: Jeremy Kim, Dream Realty & Investments Inc. *Based on information from the Association of REALTORS/Multiple Listing as of Sep 30th, 2024 at 6:03 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.