941 S GRAMERCY PL is a beautiful 12 unit residential income property located in Koreatown neighborhood of Los Angeles.
The property features 12 spacious and beautiful 1 Bedroom 1 Bathroom units with 12 assigned parking.
Centrally located and close to all amenities of the town this property has always been in high demand rental market. Current monthly gross rental income of $17,600 and $211,200 annually, provide a huge opportunity for rent increase and more profit for the new owner.
2 of the units ( 1 Bedroom, 1 Bathroom) may be delivered vacant.
More information and details are available upon request.
For sale
Listing Provided by:
Eduard Khachatryan DRE #01769888 glendalebroker@gmail.com,
Luxury Homes International
Price cut: $300K (6/16)
$2,999,999
941 S Gramercy Pl, Los Angeles, CA 90019
12beds
12baths
7,360sqft
Est.:
Mixed Use
Built in 1964
-- sqft lot
$2,907,100 Zestimate®
$408/sqft
$-- HOA
What's special
Assigned parking
- 19 days
- on Zillow |
- 72 |
- 1 |
Zillow last checked: 7 hours ago
Listing updated: June 16, 2025 at 06:33pm
Listing Provided by:
Eduard Khachatryan DRE #01769888 glendalebroker@gmail.com,
Luxury Homes International
Source: CRMLS,MLS#: GD25134258
Originating MLS: California Regional MLS

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 12
- Bathrooms: 12
Heating
- Central
Appliances
- Laundry: Common Area
Features
- Common walls with other units/homes: 1 Common Wall
Interior area
- Total structure area: 7,360
- Total interior livable area: 7,360 sqft
Property
Parking
- Total spaces: 12
- Parking features: Assigned
- Garage spaces: 12
Features
- Levels: Two
- Stories: 2
- Entry location: 1
- Pool features: None
Lot
- Size: 6,870 Square Feet
- Features: 0-1 Unit/Acre
Details
- Parcel number: 5081025007
- Zoning: LAR3
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Mixed Use
- Attached to another structure: Yes
Condition
- New construction: No
- Year built: 1964
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Sewer Connected
Community & HOA
Community
- Features: Curbs, Sidewalks
Location
- Region: Los Angeles
Financial & listing details
- Price per square foot: $408/sqft
- Date on market: 6/16/2025
- Listing terms: Cash,Cash to Existing Loan,Cash to New Loan,1031 Exchange,Submit
- Tenant pays: Cable TV, Electricity, Gas, Sewer, Telephone
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