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$1,799,000

Beds
Unknown
sq ft
Unknown

736 Gramercy Dr, Los Angeles, CA 90005

736 Gramercy Dr

Los Angeles, CA 90005

  • 37 days on market
    • Price drop $1,000↓
The well-maintained building and units at 736 Gramercy ensure a rare investment opportunity, while 100% occupancy reflects the property's strong rental appeal. Recent upgrades include - soft story retrofit, partial copper plumbing, main water heater, main electric panel, and other repairs/upgrades throughout the units. With four units currently leased well below market rates, there is significant value-add potential and substantial rental upside for investors looking to increase income and maximize returns. Located in one of the most desirable streets in the Hancock-Wilshire area and with a 91 Walkability Score, this building has enjoyed both low tenant turnover and high rental demand. Convenient to freeways, top-rated restaurants, shopping, public transportation, nightlife and more. Don't miss this rare opportunity to acquire a high-performing asset with long-term appreciation potential.

Details

Property type

Mixed Use

Lot size

6,251 sq ft

Price per sq ft

Unknown

Year built

1955

Price History

03/31/2025
CRMLS

CRMLS #WS25040048

Price change
$1,799,000
-0.06%
02/24/2025
CRMLS

CRMLS #WS25040048

Listed
$1,800,000
+35.34%
05/22/2015
CLAW

CLAW #14765263

Sold
$1,330,000

Schools & Community

Neighborhood: 

Mid City

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Sidewalks

Status: Active

Tomo last checked: 04/01/2025 at 8:10 PM

Listing updated: 04/01/2025 at 11:40 AM

Listed by: SUNNY LEE, Sunshine International Inv., Inc. Phone #: (626) 297-9191

MLS: CRMLS #WS25040048

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