CA > Los Angeles
Los Angeles, CA 90028,1848 N Gramercy PL
Los Angeles, CA 90028,1848 N Gramercy PL
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$10,545,000
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1848 N Gramercy PL Los Angeles, CA 90028

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Jenny Wu

Jenny Wu

+1(909) 569-8888

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Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID 25611107

HOA Y/N No

Year Built 1929

Property Description

1848 N Gramercy Pl is a 48-unit Beaux-Arts style apartment building located in the desirable Los Feliz neighborhood of Los Angeles. Built in 1929, the property offers a mix of studios and one-bedroom units with an average size of approximately 500 square feet. Amenities include on-site management, elevator, controlled access, security surveillance, a landscaped courtyard, and laundry facilities.The property presents a value-add opportunity, with potential to enhance unit interiors from legacy tenants and common areas to further increase rental income. Located in one of the few submarkets inLos Angeles where leasing activity remains strong and rents have stayed stable, 1848 N Gramercy Pl benefits from consistent tenant demand and long-term growth potential.Conveniently positioned near the Hollywood Freeway, the property offers easy access to numerousHollywood landmarks, exceptional restaurants, and vibrant nightlife.

Location

State CA

County Los Angeles

Area C20 - Hollywood

Zoning LAR3

Interior

Fireplace No

Exterior

Utilities Available Electricity Available

Building

Lot Description Back Yard, Front Yard, Garden

Story 5

Others

Tax ID 5544003042

Special Listing Condition Standard

CRMLS – RECore
Listed by Brett Daniels Atlas Real Estate Corporation

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Jenny Wu

Jenny Wu

Agent | License ID: 01817291

+1(909) 569-8888

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1848 N Gramercy PL

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