Rare investment opportunity in the highly desirable western section of Koreatown. Situated on a 7,500 SF R3-zoned lot within a TOC Tier 3 area, this well-maintained five-unit apartment building offers stable rental income with strong long-term upside. Approximately 4,800 SF property features five spacious 2-bedroom, 2-bathroom units, a unit mix… Read More that continues to be in high demand among renters. The property is occupied by reliable tenants with a strong payment history, providing consistent cash flow for investors. Located on a quiet residential street just west of the heart of Koreatown, the property enjoys close proximity to Hancock Park, Mid-Wilshire, Larchmont Village, Downtown Los Angeles, restaurants, shopping, Metro stations, and major freeways. This central location continues to attract strong tenant demand and offers long-term investment stability. Whether you're looking for a stable income property, a long-term hold, or a future development opportunity, 932 S. Gramercy Place offers the flexibility and potential that investors seek in one of Los Angeles' strongest rental markets. Read Less
Courtesy of Seeders Real Estate 661-675-6000
Listing Snapshot
Days Online
1
Last Updated
Property Type
Other
Beds
10
Square Ft.
4,800
Lot Size
0.17 Acres
Year Built
1966
MLS Number
26865385
Additional Details
Appliances & Equipment
Range/Oven, Garbage Disposal, Refrigerator
Building
4,800 sq ft, Built in 1966, Levels: Two Level, Multi Levels
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