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1825 N Gramercy Pl
Los Angeles, CA 90028
Multifamily Property For Sale
·
36 Units
Investment Highlights
- 36 Units in Hollywood with Approximately 33% Rental Upside with 9.7 GRM
- Tucked between Hollywood and the heart of Los Feliz, 1825 N Gramercy Place offers a great investment opportunity with 5.86% CAP RATE
- Currently offered at $147,222 per unit and $182 per square foot
- Investors with a long-term lens will see the location and upside as an ideal canvas for repositioning in a neighborhood where lifestyle is the greates
Property Facts
| No. Units | 36 | Building Size | 29,085 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Low-Rise | Year Built | 1968 |
| Building Class | C | Parking Ratio | 1.24/1,000 SF |
| Lot Size | 0.34 AC | ||
| Zoning | LAR3 | ||
| No. Units | 36 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.34 AC |
| Building Size | 29,085 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built | 1968 |
| Parking Ratio | 1.24/1,000 SF |
| Zoning | LAR3 |
Amenities
Unit Amenities
- Cable Ready
- Kitchen
Site Amenities
- Recycling
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 9 | $13,178 | 500 |
| 1+1 | 27 | $43,027 | 700 - 750 |
Property Taxes
| Parcel Number | 5544-002-055 | Improvements Assessment | $1,130,257 |
| Land Assessment | $161,783 | Total Assessment | $1,292,040 |
Property Taxes
Parcel Number
5544-002-055
Land Assessment
$161,783
Improvements Assessment
$1,130,257
Total Assessment
$1,292,040
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