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Property Description

JUST REDUCED $300,000. 1970’s construction means LARGE units…in Arlington Heights. Mid City buildings, like this, are highly walkable to dining, retail and dining along Venice Blvd. and Western Ave. Seismically-retrofitted carport parking, as well as open spots in rear. Attractive curb appeal and 20+ years newer than the ‘typical’ LA building, built in the 50s or 60s. Massive, unrealize upside. Scheduled allowable rent increase of 4% in early 2024.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., 20 units at 1554 S. Gramercy Pl. and 20 units at 2340-42 Crenshaw Bl.

Features
: Wall Furnace
3
0
Additional Information
CBRE, Inc.
0
CLW-C128981
CLW-X7429503
Brice
5073018016
: Standard
Three Or More
32

Multi-Family For Sale

1819 Gramercy Place, Los Angeles, California 90019

15,851 Sqft
$4,299,000
Listing ID #23324387
Basic Details
Status : Active
DaysOnMarket : 169
Property Type : Multi-Family
Listing Type : For Sale
Listing ID : 23324387
Price : $4,299,000
Living Area : 15,851 Sqft
Lot Size : 17,804 Sqft
Year Built : 1972
Country : US
State : California
County : Los Angeles
City : Los Angeles
Zipcode : 90019
Price Per Square Foot : $271
ModificationTimestamp : 2024-04-09 17:41:40
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