• 1554 S Gramercy Place Los Angeles, CA 90019

  • $4,299,000
  • 0
    Bed(s)
  • 0
    Baths
  • 13,792
    Sq Ft
  • 12691
    Sqft
  • Listed By: Brice Head, CBRE, Inc., DRE #01330706
  • Source: CRMLS

JUST REDUCED $300,000. A tried-and-true Arlington Heights building on a large corner lot. Mid City buildings, like this, are highly walkable to dining, retail and dining along Venice Blvd. and Western Ave. Secured-access entry to open courtyard-style configuration - and lots of parking in the seismically-retrofitted carports, in addition to a detached parking structure also. Strong, corner lot location, as well. 4% rent increase opportunity in early 2024, too. Part of a 4-Building, 75 unit Portfolio Sale. Available together or separately. The other 3 addresses are as follows: 17 units at 1876 Buckingham Rd. 18 units at 1819 Gramercy Pl. 20 units at 2340-42 Crenshaw Bl.

Property Type :

Residential Income

County :

Los Angeles

Style :

Residential Income

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Property Details

 

Bathroom Information

Total Baths: 20

Full Baths: 0

Half Baths: 0

Cooling Features

None

Air Conditioning

Heating Source

Wall Furnace

Has Heating

Building Information

Year Built: 1963

Building Area Total: 13,792

Lot Details

Lot Dimensions Source: Vendor Enhanced

Lot Size Acres: 0.2913

Lot Size Source: Assessor

Lot Size Square Feet: 12691

Listing Price Information

Original List Price: 4,299,000

Listing Contract Date: 2023-10-23

Lease Information

Listing Agreement: Exclusive Right To Sell

Tax Information

Parcel Number: 5073007008

Garage and Parking

Garage Description: Carport

Homeowners Association

Rental Info

Lease Term: Negotiable

Other Property Info

Source Listing Status: Active

Source Neighborhood: C16 - Mid Los Angeles

Postal Code Plus 4: 4658

Directions: 10 Freeway to Western, left on Venice Blvd to Gramercy Pl.

Zoning: LAR4

Source Property Type: Residential Income

Area: C16 - Mid Los Angeles

Building and Construction

Property Age: 61

Year Built Source: Assessor

Total Square Feet Living: 13792

Levels or Stories: Three Or More

Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
3617 W Venice Boulevard, Los Angeles, CA,90019 $15,950,000 56 -- 27,448 15952 Sqft
1714 S Marvin Avenue, Los Angeles, CA,90019 $1,189,000 4 3 1,708 6662 Sqft
4516 St Charles Place, Los Angeles, CA,90019 $1,210,000 5 -- 3,097 7013 Sqft
1269 S Citrus Avenue #8, Los Angeles, CA,90019 $2,895 2 1 -- 6501 Sqft
4620 Pickford Street, Los Angeles, CA,90019 $950,000 3 1 1,632 5503 Sqft
1612 S Sierra Bonita Av.., Los Angeles, CA,90019 $1,650,000 3 3 2,506 5652 Sqft
1385 1385-87 S Orange D.., Los Angeles, CA,90019 $1,195,000 4 -- 2,285 6218 Sqft
1415 S St Andrews Place, Los Angeles, CA,90019 $2,799,000 12 -- 9,268 13166 Sqft
1325 S Mansfield Avenue, Los Angeles, CA,90019 $1,475,000 4 -- 3,087 6905 Sqft
1089 S Orange Drive, Los Angeles, CA,90019 $1,595,000 6 -- 3,696 9497 Sqft

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ByOwner last updated this listing 05/17/2024 @ 23:10

MLS: 23324341
LISTED BY: Brice Head, CBRE, Inc.
SOURCE: CRMLS
Buyer Agency Compensation: 2.5%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.

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