5700 S Gramercy Pl Los Angeles, CA 90062
Listing Courtesy of: Combined L.A. Westside (CLAW) / Coldwell Banker Realty / Caitlin Taylor "Taylor" Light

  5700 S Gramercy Pl Los Angeles, CA 90062

Active (124 Days)
$849,000
4
BED
3
BATH
2,538
SQFT

Description

Motivated Seller! With the combination of affordability and functionality, this Triplex consists of three stand-alone cottages, making it a unique real estate opportunity in the heart of a burgeoning neighborhood. Nestled in a community on the rise, these units are perfect for those seeking an accessible entry into homeownership or for investors looking to tap into this potential. There are no common walls and each unit is individually metered for gas, electricity, AND water. Each unit offers outdoor patios, private yard space, and In-Unit Washer / Dryer hookups. Three Single Car Garages with automatic doors. The Front unit is an Upgraded 2 Bd / 1 Ba house, currently vacant - Set your own rent with tenants paying all utilities! The remaining two units are both 1 Bd, 1 Ba - Tenant Occupied (One Section 8 unit paying $1,081 total for Guaranteed Rent!). Priced right. This is an excellent investment opportunity. 18 GRM and 4 Cap. Located within the California State Opportunity Zone for the ideal investment. Buyer to do own investigations.

MLS #:
23-306463
Lot Size
6,386 SQFT
Type
Multifamily
Year Built
1926
Style
Bungalow
Views
None
County
Los Angeles County

Listed By

Caitlin Taylor "Taylor" Light, DRE #02084441 CA, Coldwell Banker Realty
Source
Combined L.A. Westside (CLAW)
Last checked May 16 2024 at 1:26 AM GMT+0000
Bathroom Details
Heating and Cooling
  • Wall
  • Ceiling Fan
  • Wall/Window
Basement Information
  • No
Flooring
  • Tile
  • Laminate
  • Carpet
Garage
  • Parking Garage: Garage is Detached
  • Parking Garage: Garage - 3 Car
Stories
  • 0
Living Area
  • 2,538 sqft
Additional Listing Info
  • Buyer Brokerage Commission: 2.5%
Location
   
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Listing Price History

Date
Event
Price
% Change
$ (+/-)
Feb 13, 2024
Price Changed
$849,000
-6%
-50,000
Jan 13, 2024
Original Price
$899,000
-
-
Disclaimer: Copyright 2024 CLAW MLS. All rights reserved. This information is deemed reliable, but not guaranteed. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 5/15/24 18:26