Los Angeles, CA 90020,453 S Gramercy PL
Los Angeles, CA 90020,453 S Gramercy PL
Los Angeles, CA 90020,453 S Gramercy PL
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Terrance Scotton

Terrance Scotton

+1(626) 788-9299
$3,950,000
Est. payment /mo
8 Beds
14 Baths
8,594 SqFt
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Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 8,594 sqft

Price per Sqft $459

MLS Listing ID 26640199

Bedrooms 8

HOA Y/N No

Year Built 1966

Lot Size 8,006 Sqft

Property Description

LOCATION! LOCATION! LOCATION! Outstanding income property in the highly desirable Hancock Park neighborhood minutes to Larchmont Village, DTLA, Beverly Hills, Hollywood, and premier shopping, dining, and entertainment. Nestled in a quiet, proximate area with an excellent resident's score, this property offers unbeatable convenience for tenants and strong appeal for investors. The property features 8 large studios and 6 spacious 1 bed / 1 bath units, built in 1966 with earthquake retrofit completed and full renovation in 2017. Units are bright and modern with hardwood flooring, recessed lighting, large windows for abundant natural light, oversized kitchens, ample closet space, and in many cases, separate vanity areas. One-bedroom units offer generously sized living rooms and bedrooms uncommon for this type of property. All units are separately metered for gas and electricity. Community amenities include controlled-access entry, on-site laundry, and 14 tuck-under parking spaces with storage. Located within a proximate distance to Metro, H Mart, CVS, and an array of restaurants and shopping centers. Easy access to 101 & 10 FWYs, Staples Center, USC, and Koreatown. Investment highlights: Prime central location, strong rental demand, updated building systems, and a turnkey condition make this an exceptional addition to any portfolio. The property includes two parcels: APN# 5504-025-021 & 5504-025-024.

Location

State CA

County Los Angeles

Area C18 - Hancock Park-Wilshire

Zoning LAR4

Interior

Interior Features Ceiling Fan(s)

Fireplaces Type None

Fireplace No

Appliance Oven, Refrigerator

Laundry Common Area

Exterior

Parking Features Covered, Gated

Pool None

Roof Type Bitumen

Accessibility None

Total Parking Spaces 13

Private Pool No

Building

Entry Level Two

Foundation Block, Concrete Perimeter, Quake Bracing, Slab

Sewer Other

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 5504025021

Special Listing Condition Standard

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CRMLS – RECore
Listed by Thomas Yong Kim Apple Tree Realty

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Terrance Scotton

Terrance Scotton

+1(626) 788-9299

Real Estate Broker and Mortgage Broker | License ID: 01707848 NMLS: 908256

Real Estate Broker and Mortgage Broker License ID: 01707848 NMLS: 908256

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