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About This Home
This 4-bedroom, 3-bathroom residential multi family at 5700 S Gramercy Pl in Los Angeles, CA is listed for $859,000 ($338 per sqft). Built in 1926, the home offers 2,538 sqft of living space on a 0.15 acres lot.
Motivated Seller! 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. Nestled in 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.
The remaining two units are both 1 Bd, 1 Ba - Tenant Occupied (One Section 8 unit paying $1,081 total for Guaranteed Rent!). Priced right, this is an excellent investment opportunity. Buyer to do own investigations. ADU Potential!
Key Features
- Built in 1926
- 0.15 acre lot
- 3 parking spaces
Property Details
Monthly Cost Estimate
$4,594/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
5700 S Gramercy Pl
Los Angeles, CA 90062
Property Details
Flooring
Parking
Cooling
Appliances
Questions & Answers
This 4-bedroom, 3-bathroom residential multi family at 5700 S Gramercy Pl is listed at $859,000 ($338/sqft). The estimated monthly payment is $3,722 based on 20% down at 6.5% interest.
Key features include: Built in 1926, 0.15 acre lot, 3 parking spaces.
This property is listed by Taylor Light and can be reached at 3109636768 or Taylor.light@camoves.com.
