932 S Gramercy Pl, Los Angeles, CA 90019
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Ronnie Leon

Ronnie Leon

+1(813) 802-7777
$ 1,680,000
Est. payment | /mo

10 Beds

10 Baths

4,800 SqFt

Save
$ 1,680,000
Est. payment | /mo
Save

10 Beds

10 Baths

4,800 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 4,800 sqft

Price per Sqft $350

MLS Listing ID 26865385

Bedrooms 10

Year Built 1966

Lot Size 7,502 Sqft

Acres 0.1722

Property Sub-Type Multi-Family

Property Description

Rare investment opportunity in the highly desirable western section of Koreatown. Situated on a 7,500 SF R3-zoned lot within a TOC Tier 3 area, this well-maintained five-unit apartment building offers stable rental income with strong long-term upside. Approximately 4,800 SF property features five spacious 2-bedroom, 2-bathroom units, a unit mix that continues to be in high demand among renters. The property is occupied by reliable tenants with a strong payment history, providing consistent cash flow for investors. Located on a quiet residential street just west of the heart of Koreatown, the property enjoys close proximity to Hancock Park, Mid-Wilshire, Larchmont Village, Downtown Los Angeles, restaurants, shopping, Metro stations, and major freeways. This central location continues to attract strong tenant demand and offers long-term investment stability. Whether you're looking for a stable income property, a long-term hold, or a future development opportunity, 932 S. Gramercy Place offers the flexibility and potential that investors seek in one of Los Angeles' strongest rental markets.

Location

State CA

County Los Angeles

Area Hancock Park-Wilshire

Zoning LAR3

Rooms

Other Rooms None

Interior

Heating Forced Air

Cooling Window Unit(s)

Equipment Range/Oven, Garbage Disposal, Refrigerator

Laundry In Unit

Exterior

Parking Features Assigned

Garage Spaces 7.0

Building

Level or Stories Two, Multi/Split

Others

Special Listing Condition Standard

TheMLS (CLAW)
The multiple listings information is provided by The MLSTM/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026 The MLSTM/CLAW. All Rights Reserved.

The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

Listed by Seeders Real Estate

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932 S Gramercy Pl