826 S Gramercy Place
Los Angeles, CA 90005
MLS #17229104

Income
  • 8units
  • 6,293sq ft
Active Under Contract $2,190,000
Est. P&I payment: $8364.32/mo
826 S Gramercy Place, Los Angeles, CA 90005
  • 826 S Gramercy Place, Los Angeles, CA 90005 Photo 1
  • 826 S Gramercy Place, Los Angeles, CA 90005 Photo 2
  • 826 S Gramercy Place, Los Angeles, CA 90005 Photo 3
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Description for 826 S Gramercy Place, Los Angeles, CA 90005
Desirable rental Area at west side of Mid Wilshire area, up side income potential with good room combination of units. Most of units are spacious and comfortable floor plans. Low maintenance building. property to be sold as-is present condition. Drive by only. showing with accepted offer only. Buyer to cooperate with seller 's 1031 exchange with no cost to buyer.
MLS #17229104
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My Notes for MLS #17229104

General Features

  • Number Of Buildings: 8
  • Number Of Units Total: 8
  • Year Built: 1960
  • Zoning: LAR3
  • Improvements Amount: 662,742
  • Land Value: 714,518

Exterior Features

  • Stories Total: 2
  • Lot Size Acres: 0.17
  • Lot Size Area: 7,499
  • Lot Size SqFt: 7,499
  • Lot Size Units: Square Feet

Utility Features

  • Cooling: None
  • Appliances YN: 1
  • Appliances: Garbage Disposal

Financial Features

  • Insurance Expense: 195
  • Laundry Income: 2,400
  • Net Operating Income: 113,903
  • Price Per SqFt: 348.01
  • Total Expenses: 12,480
  • Trash Expense: 1,320
  • Water Sewer Expense: 6,600
  • Gross Multiplier: 17.2
  • Gross Operating Income: 126,383

Miscellaneous Features

  • Building Area Total: 6,293
  • Days On Market: 68
  • Special Listing Conditions: Standard
  • Cumulative Days On Market: 68

Location

 
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Directions to 826 S Gramercy Place, Los Angeles, CA 90005
South of Wilshire Bl. & One Block East of Wilton Pl
Listing information for 826 S Gramercy Place, Los Angeles, CA 90005 was graciously provided by our friends at the listing brokerage, Ivy Realty Co. and by listing agent Kim Jessica DRE# 01038646

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Please Note: All information in this site is deemed reliable but not guaranteed. The property information provided on EXIT Alliance Realty's websites is for personal, non-commercial use only and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Property information is gathered from third-party resources including the seller and public records. EXIT Alliance Realty, Onjax, LLC, its affiliates, owners, subsidiaries and subscribers disclaim any and all representations or warranties as to the accuracy or reliability of the information provided. You should verify all claims through personal inspection and/or contact with the appropriate real estate professionals.
Last Updated 04/21/2018 at 6:21am
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