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736 S Gramercy Dr
Los Angeles, CA 90005 Koreatown

$1,699,990 USD

Apartments For Sale  •  6,076 SF

Property Details

  • Property Type Apartments
  • Total Building Size 6,076 SF
  • Lot Size 0.14 AC
  • Building Class C
  • Year Built 1955
  • Cap Rate 5.32 %
  • Zoning LAR4
80 Transit Score
80 Walk Score

Highlights

$100,000 Price Reduction!!! Motivated Seller!!!
Value-Add Opportunity - M2M Low Rents (Tenants Willing to Relocate)
Tenants Pay Trash, Gas & Electric
Recent Renovations including Copper Plumbing, New Water Heater, New Electrical Panel etc.
First Time on the Market in More than 10 Years
Prime Koreatown Location with Walkability Score of 91 (Close to Wilshire/Western Metro Station)

Property Flyers

Cap Rate: 5.32 %

Amenities

  • 24 Hour Access
  • Controlled Access
  • Dishwasher
  • Laundry Facilities
  • Gated
  • Heating
  • Kitchen
  • Oven
  • Range
  • Tub/Shower
  • Walk-Up

Public Transportation

Commuter RailDriveWalkDistance
Union Station (91 Line - Southern California Regional Rail Authority (Metrolink), Antelope Valley Line - Southern California Regional Rail Authority (Metrolink), Orange County Line - Southern California Regional Rail Authority (Metrolink), Riverside Line - Southern California Regional Rail Authority (Metrolink), San Bernardino Line - Southern California Regional Rail Authority (Metrolink), Ventura County Line - Southern California Regional Rail Authority (Metrolink)) 13 min - 5.6 mi
Los Angeles (Coast Starlight - Amtrak, Pacific Surfliner - Amtrak, Southwest Chief - Amtrak, Texas Eagle - Amtrak) 11 min - 5.6 mi
Transit/SubwayDriveWalkDistance
Wilshire/Western Station (Purple Line - Los Angeles County Metropolitan Transportation Authority (Metro)) 1 min 7 min 0.4 mi
Wilshire/Normandie Station (Purple Line - Los Angeles County Metropolitan Transportation Authority (Metro)) 2 min 16 min 0.9 mi
AirportDriveWalkDistance
Los Angeles International 22 min - 11.6 mi
Bob Hope 21 min - 12.4 mi
Long Beach (Daugherty Field) 34 min - 24.6 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 4
Type: Surface
Included in Rent: Yes
Tom Park 281-825-1305 KW Commercial
Tom Park 281-825-1305 KW Commercial