610 N Gramercy Place
Los Angeles, CA 90004
Active for $3,100,000
Beds: 11 Baths: 15 Structure Size: 4,984 sqft Lot Size: 5,423 sqft
| MLS | 24438921 |
| Year Built | 2022 |
| Property Type | |
| County | Los Angeles |
| Status | Active |
| Active | $3,100,000 |
| Structure Size | 4,984 sqft |
| Lot Size | 5,423 sqft |
| Beds | 11 |
| Baths | 15 |
Description
Presenting a 2022 built FULLY LEASED 4-unit townhouse complex with an impressive 5.02% CAP RATE in a quiet and highly desirable part of Los Angeles! Located just minutes from Larchmont Village, Koreatown, and Melrose Hill, the property consists of 2 separate building on one lot. Three of the units have 3 bedrooms 3.5 bathrooms, and one unit is a 2 bedroom 2.5 bathroom unit, all fetching very high and competitive rents. All units have their own unique address and are separately metered for gas, water, and electricity. Each address also has their own trash/recycle bins paid directly from the tenant, minimizing expenses and making it easy to manage for any landlord. Each unit has their own tankless water heaters, recessed lighting, central AC/Heat, laundry machines, built-in microwave, refrigerators, and gas range stove/ovens. 8 parking spaces (including 3 private garage spaces) are available for tenants with the possibility to park 10 cars.This NON-RENT CONTROLLED property is easy to maintain property is a landlord's dream!
Listing information courtesy of: Jeremy Kim, Dream Realty & Investments Inc . *Based on information from the Association of REALTORS/Multiple Listing as of 09/20/2024 and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Location
Contact a Local Realtor®
Ken Tumanians
REALTOR®
Direct: 310.560.0602
Email: Email Me
DRE: 01293365
DRE #01873088
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