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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
                
                                7-unit multifamily property in prime Koreatown location
                            
                                Unit mix of 4 one-bedroom and 3 two-bedroom units
                            
                                Recently updated property with strong curb appeal
                            
                                Significant rental upside through rent repositioning
                            
                                Proforma 8.84 GRM and 8.49% cap rate
                            
                                Walk Score of 91 with convenient access to dining, retail, and transit

Property Flyers

OM 736 S Gramercy Dr V2 Reduced

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 Rail	Drive	Walk	Distance
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))	15 min	-	5.5 mi
	11 min	-	5.6 mi
Transit/Subway	Drive	Walk	Distance
Wilshire/Western Station (Purple Line - Los Angeles County Metropolitan Transportation Authority (Metro))	1 min	8 min	0.4 mi
Wilshire/Normandie Station (Purple Line - Los Angeles County Metropolitan Transportation Authority (Metro))	2 min	17 min	0.9 mi
Airport	Drive	Walk	Distance
Los Angeles International	22 min	-	11.6 mi
Bob Hope	22 min	-	12.4 mi
Long Beach (Daugherty Field)	35 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

736 S Gramercy Dr Los Angeles, CA 90005 Koreatown