5700 S Gramercy Place, Los Angeles, CA 90062
- $799,000
- 4
- BD
- 3
- BA
- 2,538
- SqFt
Listing courtesy of Listing Agent: Taylor Light (Taylor.light@camoves.com) from Listing Office: Coldwell Banker Realty.
- List Price
- $799,000
- Status
- ACTIVE
- Days on Market
- 117
- Price Change
- ▼ $60,000 1777086841
- MLS#
- 25607637
- Subtype
- Residential Income
- Style
- Bungalow
- Year Built
- 1926
- Bedrooms
- 4
- Bathrooms
- 3
- Living Area
- 2,538
- Lot Size
- 6,386
- Acres
- 0.15
- MLS Area Major
- Park Hills Heights (PHHT)
Property Description
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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Additional Information
- Interior Features
- Ceiling Fan(s)
- Exterior Features
- Dock
- Property Description
- Bungalow
- Zoning
- LAR2
- Flooring
- Carpet, Laminate, Tile
- Heating
- Wall Furnace
- Air Conditioning
- Yes
- Stories
- One Level
- Levels
- One
- Parking Features
- Door-Multi, Garage
- Garage Spaces
- 3
- View
- None
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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.