5747 S Gramercy Place
5747 S Gramercy Place
5747 S Gramercy Place
5747 S Gramercy Place
5747 S Gramercy Place
5747 S Gramercy Place
5747 S Gramercy Place
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Listed by Jessica Altinoglu CA DRE# 02159983 with Luxury Collective 818-426-2465
$799,000

5747 S Gramercy Place

1,529 Sq.Ft. 4,284 Sq.Ft.

Description

This three-unit property in South Los Angeles combines residential and commercial income on one lot! The unit mix includes two 3-bedroom, 1-bathroom residences and a studio. The studio is permitted for commercial use, which diversifies income and can appeal to small-business tenants. The 3-bedroom units are a strong fit for long-term renters, and each unit has its own entrance. The lot is gated with a long driveway, off-street parking, and an attached two-car garage. All of this sits on a palm-lined street with access to major South LA corridors, shopping, and transit. The property can be held for steady cash flow, improved over time to increase rents, or occupied by an owner-user who wants to live on-site while collecting rental and commercial income. Mixed-use properties with this flexibility are hard to find in the 90062 area!

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Location

5747 S Gramercy Place, Los Angeles, CA 90062

Status

For Sale

Features & Amenities

Interior
Laundry room See Remarks
Area & Lot
Total area 1,529 Sq.Ft.
Lot Area 4,284 Sq.Ft.
Living area 1,529 Sq.Ft.
MLS® ID SR26220299
Year Built 1950
Type Multi-Family
Status For Sale
Exterior
Stories 2
Pool None
Water Source Public
Sewer Public Sewer
Lot Features 2-5 Units/Acre, Front Yard
Finance
Sales Price $799,000
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