Overview
- 24
- 14
- 10884
- 1980
Description
210 S Commonwealth Ave & 941 S Gramercy PL, Los Angeles, To Be Sold Combined, Total $6,285,000! Location! Priced to Sell! Corner Lot! UNBEATABLE GRM 11.55!! Low Expenses & Easy Maintenance! This 14-unit apartment building is offered only in combination with 941 S Gramercy. Conveniently located close to Hollywood, Downtown LA, Larchmont, with access to the 110, 101, and 10 Fwy. Built in 1980, the property features ten (10) 2-bedroom, 1-bathroom units and four (4) 1-bedroom, 1-bathroom units. Most units have been upgraded and are in excellent condition. The building includes twenty (20) on-site gated parking spaces and an on-site laundry facility, with low operating expenses and easy maintenance. Rents are currently below market, offering strong upside potential. Current gross rental income: $25,900/month ($310,800 annually). Excellent long-term investment with stable cash flow and future growth potential. Sellers motivated.
Address
Open on Google Maps- Address Commonwealth
- City Los Angeles
- State/county Los Angeles
- Zip/Postal Code 90004
Details
Updated on March 3, 2026 at 11:06 am- Property ID: HZ26655689
- Price: $3,590,000
- Property Size: 10884 Sq Ft
- Bedrooms: 24
- Bathrooms: 14
- Year Built: 1980
- Property Status: ResidentialIncome
- Listed by: Ki Seon Im
- DRE #: 01860439
- Contact Mail: ym6077@gmail.com
- Brokered by: Ivy Realty Co.
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