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941 S Gramercy Place

Los Angeles, CA 90019
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Bed 12

Bed

Bath 12

Bath

SqFt7,360

Sqft

SqFt6,870

Sqft(Lot)

941 S Gramercy Pl & 210 S Commonwealth Ave, Los Angeles To Be Sold Combined, Total $6,285,000! Location! Priced to Sell! Corner Lot! GRM 12.33! Low Expenses & Separately Metered Gas & Electricity! Seller Motivated! Rare opportunity to acquire two well-maintained apartment buildings in prime Los Angeles. Conveniently located just south of 8th Street and west of Western Avenue near Olympic Boulevard, with easy access to Larchmont Village, Country Club Park, Miracle Mile, Hollywood, and Downtown LA.941 S Gramercy Pl features twelve (12) spacious 1-bedroom, 1-bathroom units with upgraded laminate wood flooring and fourteen (14) on-site parking spaces. Low operating expenses and separate gas and electric meters provide efficient ownership. This property generate $17,906/month ($214,872/year) in gross rental income, offering stable cash flow with strong upside potential. Ideal investment for long-term appreciation in a high-demand rental market.

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Detail Ic Property Details

Property Type : ResidentialIncome

Price : $2,695,000

AD Id : 91087157

MLS Id : 26985675

Beds : 12

Lot Size : 6,870 Sqft

Living Area Size : 7,360

Year Built : 1964

County : Los Angeles

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Feature Features

  • Bedroom Information

    Total beds: 12

    Bathroom Information

    Total Baths: 12
  • Heating & Cooling

    Has Heating: Yes Heating: ForcedAir

  • Building Information

    Year Built: 1964
    Building Area Total: 7360
    Private Pool: No

  • Lot Information

    Lot Dimensions: 55x125 Main Square Feet: 6870 Lot Size Acres: 0.1577 Lot Size Square Feet: 6,870

  • Listing Price Information

    Listing Price: $2695000

  • Tax Information

    Parcel Number: 5081025007

  • Parking Information

    Parking Total: 14

  • Location Information

    Direction: N of Olympic & Between Western and Wilton Place
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
1044 S St Andrews Place, Los Angeles, CA, 90019 $1,490,000 5 3 2,133 6,257 Sqft
1254 S Manhattan, Los Angeles, CA, 90019 $1,590,000 6 4 3,024 8,439 Sqft
932 S Gramercy Place, Los Angeles, CA, 90019 $1,680,000 10 10 4,800 7,502 Sqft
1415 S Manhattan Place, Los Angeles, CA, 90019 $2,250,000 9 5 7,512 13,152 Sqft
913 S Wilton Place, Los Angeles, CA, 90019 $1,990,000 5 4 -- 9,003 Sqft
939 S Wilton Place, Los Angeles, CA, 90019 $2,600,000 12 10 5,359 8,303 Sqft
1057 S Gramercy Place, Los Angeles, CA, 90019 $1,850,000 5 3 3,601 8,251 Sqft
1415 S St Andrews Place, Los Angeles, CA, 90019 $2,799,000 12 -- 9,268 13,166 Sqft
1404 1/2 S Wilton Place, Los Angeles, CA, 90019 $755,000 3 2 1,273 13,168 Sqft
1406 S Wilton Place, Los Angeles, CA, 90019 $775,000 2 2 1,085 13,168 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 09/09/2026 @ 13:08

MLS: 26985675 LISTED BY: Jae Young Lee, Ivy Realty Co. 213-386-8888 SOURCE: CRMLS

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