This Multifamily Property is Off-Market.

1819 S. Gramercy Pl
Los Angeles, CA 90019 ·

18 Units · Multifamily For Sale

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18-Unit Apartment 15-2bed/1bath & 3-1bed/1bath

Price N/A Cap Rate 4.80%
No. Units 18 Gross Rent Multiplier 13
Building Size 15,851 SF No. Stories 3
Property Type Multifamily Year Built 1972
Property Sub-type Mid/High-Rise Lot Size 17,816 SF
Property Use Type Investment Parking Ratio 1.50 / 1,000 SF
Commission Split 1.5%
Listing ID: 18462866 Date Created: 11/25/2013 Last Updated: 10/09/2014

Description

Copper plumbing throughout. Well-maintained, pristine condition 18 unit apartment with great unit mix 15-2bed/1bath and 3-1bed/1bath. 20-25% upside in rent. Controlled Access Entry, Gated Parking and Secured building, On-Site Laundry facilities. 25 Parking spaces. Inspection subject to Accepted Offer, Don't disturb tenants. Low maintenance tenants.

Between Venice and Washington Blvd., West of Western Ave.

Highlights

  • Well-maintained 18-unit apartment built in 1972
  • 15-2bed/1bath and 3-1bed/1bath
  • Good rental location on wide street
  • 25 parking spaces
  • Ga & Electric is separately metered
  • 100% occupied.

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1819 S. Gramercy Pl, Los Angeles, CA 90019 (Los Angeles County)

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