Active

5700 S Gramercy Place

Los Angeles, CA 90062
Mark as Favorite
Bed 4

Bed

Bath 0

Bath

SqFt2,538

Sqft

SqFt6,386

Sqft(Lot)

Property is tenant occupied. With the combination of affordability and functionality, this Triplex consists of three stand-alone cottages on a corner lot, making it a unique real estate opportunity in the heart of a burgeoning neighborhood. Located in an Opportunity Zone and 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, which is currently occupied by one Section 8 tenant paying $2,313. The remaining two units are both 1 Bd, 1 Ba - Tenant Occupied (One Section 8 unit paying $1,081 total for Guaranteed Rent, the other tenant pays $568 and is not Section 8). Priced right, this is an excellent investment opportunity. Buyer to do own investigations. ADU Potential!

Read More Expand

Detail Ic Property Details

Property Type : Residential Income

Price : $799,000

AD Id : 77024337

MLS Id : 25607637

Beds : 4

Lot Size : 6,386 Sqft

Living Area Size : 2,538

Year Built : 1926

Garage : 3

County : Los Angeles

  • Map Map

Map

Map What's Nearby

Map Nearby Areas

Feature Features

  • Bedroom Information

    Total Bedrooms: 4

    Bathroom Information

    Total Baths: 3 Full Baths: 0 Half Baths: 0
  • Interior Features

    Exterior Property Features: Dock Interior Features: Ceiling Fan(s) Flooring: Carpet,Laminate,Tile
  • Cooling Features

    Wall/Window Unit(s) Air Conditioning

    Heating Source

    Wall Furnace Has Heating

  • Building Information

    Year Built: 1926 Building Area Total: 2,538
  • Exterior Features

    Dock
  • Laundry Features

    Stacked

  • Lot Details

    Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 0.1466
  • Lot Size Source: Other Lot Size Square Feet: 6386

  • Listing Price Information

    Original List Price: 799,000 Listing Contract Date: 2026-04-13
  • Lease Information

    Listing Agreement: Exclusive Right To Sell

  • Tax Information

    Parcel Number: 5005018015

  • Garage and Parking

    Garage Description: Door-Multi,Garage

    Homeowners Association

  • Other Property Info

    Source Listing Status: Active Source Neighborhood: PHHT - Park Hills Heights Postal Code Plus 4: 2547 Directions: North of Slauson, East of Van Ness, West of Western Ave. Zoning: LAR2 Source Property Type: Residential Income Area: PHHT - Park Hills Heights
  • Building and Construction

    Property Age: 100 Common Walls: No Common Walls Year Built Source: Vendor Enhanced Total Square Feet Living: 2538 Levels or Stories: One Building Total Stories: 1
Sell a home like this and save $47,441 Find out How

How much is this property worth?

Curious about this home's true market value? Use our free Home Evaluation Tool to instantly get a personalized Comparative Market Analysis (CMA) report. Make smarter, data-driven decisions before you buy.

Images
Loading, please wait...

Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
4020 Brighton, Los Angeles, CA, 90062 $950,000 4 1 2,294 2,294 SqFt
1419 Rolland Curtis Place, Los Angeles, CA, 90062 $895,000 4 3 1,835 1,835 SqFt
3938 Dalton Ave, Los Angeles, CA, 90062 $799,000 3 2 1,526 1,526 SqFt
3987 Halldale Avenue, Los Angeles, CA, 90062 $948,999 5 3 2,496 2,496 SqFt
3940 Denker, Los Angeles, CA, 90062 $620,000 3 2 1,196 1,196 SqFt
4041 Denker, Los Angeles, CA, 90062 $865,000 2 1 1,112 1,112 SqFt
1447 W 47th Street, Los Angeles, CA, 90062 $590,000 2 2 2,027 2,027 SqFt
4314 Dalton Avenue, Los Angeles, CA, 90062 $624,999 2 1 1,304 1,304 SqFt
1474 W Vernon Avenue, Los Angeles, CA, 90062 $998,000 5 -- 2,263 2,263 SqFt
1459 W 47th Street, Los Angeles, CA, 90062 $999,000 4 3 2,081 2,081 SqFt

Copyright © 2026 by the Multiple Listing Service of the California Regional MLS®. This information is believed to be accurate but is not guaranteed. Subject to verification by all parties. This data is copyrighted and may not be transmitted, retransmitted, copied, framed, repurposed, or altered in any way for any other site, individual and/or purpose without the express written permission of the Multiple Listing Service of the California Regional MLS®. Information Deemed Reliable But Not Guaranteed. Any use of search facilities of data on this site, other than by a consumer looking to purchase real estate, is prohibited.

ByOwner last updated this listing 06/18/2026 @ 08:29

MLS: 25607637 LISTED BY: Taylor Light, Coldwell Banker Realty 424-280-7400 SOURCE: CRMLS

Selling? Save $47,441 when you sell a home like this

Tour with a ByOwner Agent