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5700 S Gramercy Place

Los Angeles, CA 90062
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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!

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Detail Ic Property Details

Property Type : ResidentialIncome

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

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Feature Features

  • Bedroom Information

    Total beds: 4

    Bathroom Information

    Total Baths: 3

    Flooring Information

    Carpet, Laminate, Tile
  • Interior Features

    Ceiling Fan(s)
    Laundry Features: Stacked
  • Heating & Cooling

    Has Heating: Yes Heating: Wall Furnace Has Cooling: Yes Cooling: Wall/Window Unit(s)

  • Building Information

    Year Built: 1926
    Building Area Total: 2538
    Stories: 1
    Private Pool: No
    View: None
  • Exterior Features

    Exterior Features: Dock

  • Lot Information

    Main Square Feet: 6386 Lot Size Acres: 0.1466 Lot Size Source: Other Lot Size Square Feet: 6,386

  • Listing Price Information

    Listing Price: $799000
    Original Price: $859000

  • Tax Information

    Parcel Number: 5005018015

  • Parking Information

    Parking Total: 3 Door-Multi, Garage

    Garage Information

    Has Garage: Yes Garage Space: 3

  • Location Information

    Direction: North of Slauson, East of Van Ness, West of Western Ave.
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
4020 Brighton Avenue, Los Angeles, CA, 90062 $899,000 4 2 2,294 2,294 SqFt
4060 Brighton, Los Angeles, CA, 90062 $800,000 -- -- 3,608 3,608 SqFt
3938 Dalton Ave, Los Angeles, CA, 90062 $799,000 3 2 1,526 1,526 SqFt
3987 Halldale Avenue, Los Angeles, CA, 90062 $898,999 5 3 2,496 2,496 SqFt
4328 Brighton Avenue, Los Angeles, CA, 90062 $699,999 3 2 1,010 1,010 SqFt
3959 Denker Avenue, Los Angeles, CA, 90062 $874,000 3 2 1,500 1,500 SqFt
4281 Halldale Avenue, Los Angeles, CA, 90062 $949,000 3 4 1,474 1,474 SqFt
4223 Dalton, Los Angeles, CA, 90062 $998,000 3 3 1,789 1,789 SqFt
4041 Denker, Los Angeles, CA, 90062 $865,000 2 1 1,112 1,112 SqFt
4314 Dalton Avenue, Los Angeles, CA, 90062 $624,999 2 1 1,304 1,304 SqFt

The information being provided by Miami Association of REALTORS® is for the consumer's personal, non-commercial use. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Miami Association of REALTORS®. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Miami Association of REALTORS® and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2026 Miami Association of REALTORS®. All rights reserved.

ByOwner last updated this listing 08/04/2026 @ 06:20

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

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