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5747 S Gramercy Place

Los Angeles, CA 90062
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Bed 6

Bed

Bath 2

Bath

SqFt4,284

Sqft(Lot)

This three-unit property in South Los Angeles combines residential and commercial income on one lot! The unit mix includes two 3-bedroom, 1-bathroom residences and a studio currently operating as a beauty shop. The studio is permitted for commercial use, which diversifies income and can appeal to small-business tenants. The 3-bedroom units are a strong fit for long-term renters, and each unit has its own entrance. The lot is gated with a long driveway, off-street parking, and an attached two-car garage. All of this sits on a palm-lined street with access to major South LA corridors, shopping, and transit. The property can be held for steady cash flow, improved over time to increase rents, or occupied by an owner-user who wants to live on-site while collecting rental and commercial income. Mixed-use properties with this flexibility are hard to find in the 90062 area!

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Detail Ic Property Details

Property Type : ResidentialIncome

Price : $850,000

AD Id : 91789657

MLS Id : SR26220299

Beds : 6

Lot Size : 4,284 Sq. Ft

Year Built : 1950

County : Los Angeles

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Feature Features

  • Building Information

    Year Built: 1950
    Building Area Total: 1529
    Stories: 2
    Pool Features: None
    Private Pool: No

  • Lot Information

    Main Square Feet: 4284 Lot Size Acres: 0.0983 Lot Size Source: Assessor Lot Size Square Feet: 4,284 Lot Description: TwoToFiveUnitsAcre,FrontYard

  • Listing Price Information

    Listing Price: $850000
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  • Tax Information

    Parcel Number: 5005017026 Tax Lot: 632

  • Location Information

    Direction: S. Western Ave. & Slauson Ave. WaterSource: Public
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
1723 Browning Blvd., Los Angeles, CA, 90062 $649,900 2 2 1,768 6,715 Sq. Ft
3936 Brighton, Los Angeles, CA, 90062 $1,500,000 2 1 -- 6,750 Sq. Ft
4034 Brighton Ave, Los Angeles, CA, 90062 $885,000 4 3 -- 6,963 Sq. Ft
1493 W 47th, Los Angeles, CA, 90062 $1,200,000 6 4 -- 5,717 Sq. Ft
4129 La Salle, Los Angeles, CA, 90062 $679,000 1 1 -- 5,860 Sq. Ft
4284 La Salle Avenue, Los Angeles, CA, 90062 $1,249,000 6 5 -- 6,122 Sq. Ft
1631 W 38th, Los Angeles, CA, 90062 $750,000 2 3 -- 5,403 Sq. Ft
4218 S Harvard, Los Angeles, CA, 90062 $1,075,000 6 4 3,577 5,722 Sq. Ft
1614 W 39th Place, Los Angeles, CA, 90062 $1,149,000 9 6 -- 5,391 Sq. Ft
1445 W 58th, Los Angeles, CA, 90062 $659,000 3 2 -- 4,881 Sq. Ft

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ByOwner last updated this listing 10/11/2026 @ 02:55

MLS: SR26220299 LISTED BY: Jessica Altinoglu, Luxury Collective 424-395-4841 SOURCE: CRMLS

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