Properties

Los Angeles, CA 90019 941 S Gramercy Place

941 S Gramercy Place Los Angeles, CA - Image 1941 S Gramercy Place Los Angeles, CA - Image 2941 S Gramercy Place Los Angeles, CA - Image 3
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Presented By: Ki Seon Im with Ivy Realty Co.;
  • MLS# 26655597
  • 02/23/2026
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  • Beds • 12
  • Baths • 12
  • SQFT • 7,360

Home Details

941 S Gramercy Pl & 210 S Commonwealth Ave, Los Angeles To Be Sold Combined, Total $6,285,000! Location! Priced to Sell! Corner Lot! GRM 12.33! Low Expenses & Separately Metered Gas & Electricity! Seller Motivated! Rare opportunity to acquire two well-maintained apartment buildings in prime Los Angeles. Conveniently located just south of 8th Street and west of Western Avenue near Olympic Boulevard, with easy access to Larchmont Village, Country Club Park, Miracle Mile, Hollywood, and Downtown LA.941 S Gramercy Pl features twelve (12) spacious 1-bedroom, 1-bathroom units with upgraded laminate wood flooring and fourteen (14) on-site parking spaces. Low operating expenses and separate gas and electric meters provide efficient ownership. This property generate $17,906/month ($214,872/year) in gross rental income, offering stable cash flow with strong upside potential. Ideal investment for long-term appreciation in a high-demand rental market.
Presented By: Ki Seon Im with Ivy Realty Co.;

Interior Features for 941 S Gramercy Place

Bedrooms

Total Bedrooms12

Bathrooms

1/4 Baths0
3/4 Baths0
Half Baths
Total Baths12

Other Interior Features

Heating Y/NYes
Laundry FeaturesCommon Area
Total Stories

General for 941 S Gramercy Place

CityLos Angeles
CountyLos Angeles
DirectionsN of Olympic & Between Western and Wilton Pl
Full Baths
Gross Income214872
HOANo
HeatingForced Air
Land Lease Y/NNo
LevelsThree Or More
Living Area7360
Lot Size Square Feet6870
Lot Size UnitsSquare Feet
MLS AreaC18 - Hancock Park-Wilshire
Net Operating Income0
New ConstructionNo
Number Of Units Total12
Pool FeaturesNone
PostalCityLOS ANGELES
Property TypeResidential Income
Senior Community Y/NNo
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Year Built1964
ZoningLAR3

Exterior for 941 S Gramercy Place

Building Area Total7360
Lot Dimensions55x125
Lot Size Acres0.1577
Lot Size Area6870
Number of Buildings1
Parking FeaturesAssigned
Private PoolNo
Total Parking14

Additional Details

Price History

Schools

High School Hubert H Humphrey Middle School
Middle School N/A
Elementary School Big Hollow Elementary School

Connect Realty

Price $2,695,000
MLS#26655597
List Date 02/23/2026
Property Type Multi-Family
Phone 888.795.6274
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