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1825 N Gramercy Pl
Los Angeles, CA 90028 Hollywood

$5,300,000 USD

Apartments For Sale  •  31,338 SF

Property Details

  • Property Type Apartments
  • Total Building Size 29,085 SF
  • Lot Size 0.34 AC
  • Building Class C
  • Year Built 1968
  • Cap Rate 5.86 %
  • Zoning LAR3
65 Transit Score
82 Walk Score

Highlights

37 Units in Hollywood with Approximately 33% Rental Upside with 9.7 GRM
Currently offered at $143,243 per unit and $182 per square foot
Tucked between Hollywood and the heart of Los Feliz, 1825 N Gramercy Place offers a great investment opportunity with 5.86% CAP RATE
Investors with a long-term lens will see the location and upside as an ideal canvas for repositioning in a neighborhood where lifestyle is the greates

Property Flyers

Financial Summary (Actual)

Net Operating Income: $310,325 USD (2025)
Cap Rate: 5.86 %
Total Expenses: $222,447 USD

Amenities

  • Cable Ready
  • Recycling
  • Kitchen

Public Transportation

Commuter RailDriveWalkDistance
Glendale (Antelope Valley Line - Southern California Regional Rail Authority (Metrolink), Ventura County Line - Southern California Regional Rail Authority (Metrolink)) 7 min - 4.3 mi
Downtown Burbank (Antelope Valley Line - Amtrak, Pacific Surfliner - Amtrak, Ventura County Line - Amtrak) 13 min - 8.0 mi
Transit/SubwayDriveWalkDistance
Hollywood/Western Station (Red Line - Los Angeles County Metropolitan Transportation Authority (Metro)) 1 min 6 min 0.3 mi
Hollywood/Vine Station (Red Line - Los Angeles County Metropolitan Transportation Authority (Metro)) 2 min 18 min 0.9 mi
AirportDriveWalkDistance
Bob Hope 16 min - 9.3 mi
Los Angeles International 28 min - 14.6 mi
Long Beach (Daugherty Field) 39 min - 28.7 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 37
Type: AttachedGarage
Included in Rent: Yes
Tamas Batyi 323-236-6450 Compass
Tamas Batyi 323-236-6450 Compass