tomo logo

$4,090,000

Beds
16
sq ft
10,050

914 S Gramercy Dr, Los Angeles, CA 90019

914 S Gramercy Dr

Los Angeles, CA 90019

  • 177 days on market
    • Price drop $10,000↓
8 units + 8 units. Total 16 units with two different APN and two buildings are adjacent to each other in over 15,000 SF of lot. Both 8 units are sold together. ALL units are one bedrooms meaning it's very easy to lease when there is vacancy. All units are fully occupied. One parking designated to each units. Community laundry available run by 3rd party company. Much has been upgraded and repaired since new owner took over about 3 years ago. Easy to maintain. Lots of potential on rent increase!!! Drive by only!!!

Details

Property type

Lot size

0.3444 acres

Price per sq ft

$407

Year built

1953

HOA

No

Price History

03/31/2025
CLAW

CLAW #24450779

Price change
$4,090,000
-0.24%
03/18/2025
CLAW

CLAW #24450779

Price change
$4,100,000
-0.24%
02/11/2025
CLAW

CLAW #24450779

Price change
$4,110,000
-0.24%

Schools & Community

Neighborhood: 

Mid City

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Gated

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Pacific City Bank

Loan start date

February 2021

Original loan amount

$1,880,000

Est. remaining balance

Not provided

Interest rate

2.67%

Loan type

Commercial

Seller

Yoong Soo Lee and Misook Shin

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 04/04/2025 at 7:00 AM

Listing updated: 04/02/2025 at 4:01 PM

Listed by: Tom-Chang Kim, Max Mega Group Phone #: (323) 692-9900

MLS: CLAW #24450779

CLAW logo

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