Active

1554 S Gramercy Pl

Los Angeles CA, 90019

$4,299,000


$311.70 per sqft

Active

13,792 sqft

Residential

Built in 1963

JUST REDUCED $300,000. A tried-and-true Arlington Heights building on a large corner lot. Mid City buildings, like this, are highly walkable to dining, retail and dining along Venice Blvd. and Western Ave. Secured-access entry to open courtyard-style configuration - and lots of parking in the seismically-retrofitted carports, in addition to a detached parking structure also. Strong, corner lot location, as well. 4% rent increase opportunity in early 2024, too. Part of a 4-Building, 75 unit Portfolio Sale. Available together or separately. The other 3 addresses are as follows: 17 units at 1876 Buckingham Rd. 18 units at 1819 Gramercy Pl. 20 units at 2340-42 Crenshaw Bl.

23-324341

MLS ID

October 23, 2023

Listed

April 12, 2024

Updated

Map

1554 S Gramercy Pl
Los Angeles CA, 90019

Interior Features

Total Stories

3


Appliances

Range/Oven


Fireplace

No


Cooling

No


Cooling Description

None


Heating

Yes


Heating Description

Wall

Exterior/Building Features

Lot Size

0.29 Acres

Other Property Details

Area Name

Mid Los Angeles


Days on Market

169


Garage

No


Parking

Carport


Parking Total

0


View

No


County

Los Angeles


Pool

No


Zoning

LAR4

Listing History

Date

Event

Price

4/3/2024

Price Change

$4,299,000

-7%

Listed by Brice Head with CBRE, Inc.
Listing Contact: 310-344-8218 

Based on information from The MLSTM / Combined LA/Westside Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable but not guaranteed and should be independently reviewed and verified. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. All properties are subject to prior sale, change or withdrawal, and may or may not be listed by the office/agent presenting the information. Neither listing broker(s) nor Stormie Leoni shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. 

©2024 Combined L.A./Westside MLS. All rights reserved.

Data last updated 4/12/2024

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