$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 #WS25040048
Price change
$1,799,000
-0.06%
02/24/2025

CRMLS #WS25040048
Listed
$1,800,000
+35.34%
05/22/2015

CLAW #14765263
Sold
$1,330,000
Schools & Community
Neighborhood:
Mid City
Elementary school:
Unknown
Middle school:
Unknown
High school:
Unknown
Community features: Sidewalks
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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