1624 S Gramercy Place

    Los Angeles (City), CA 90019
    • $1,450,000
    • STATUS: Active
    • ON SITE: 11 days
    • ID#: 19498248
    UPDATED: 64 min ago
    $1,450,000
    • 5
      BEDS
    • 0.2
      ACRES
    • 2
      BATHS
    • 0
      1/2 BATHS
    • 3,016
      SQFT
    • $481
      $/SQFT
    Neighborhood:
    Type:
    Single-Family Home
    Built:
    1907
    County:

    School Ratings & Info

    Description

    Amazing development opportunity to build a multi-family consisting of 6 units (possibly 7/8) each approximately 1,500-1,600 square foot with 3 bedrooms! Zoned RD1.5 and currently has a vacant 5 bedroom house that is an established Airbnb property which generates approximately $10-12k a month. This is perfect for Developers to generate income while getting the property RTI and ready for demo! With easy access to freeways, USC and Downtown Los Angeles, this is definitely an opportunity you don't want to miss!

    Monthly Payment Calculator



    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-08-21T20:34:37.023. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Naylor Properties | RE/MAX Estate Properties. Licensed in the State of California, USA.
    www.naylorproperties.com/homes/97801470

    1624 S Gramercy Place Los Angeles (City), CA 90019

    • Price: $1,450,000
    • Status: Active
    • Updated: 64 min ago
    • ID#: 19498248
    5
    Beds
    2
    Baths
    0
    ½ Baths
    0.2
    Acres
    3,016
    SQFT
    $481
    $/SQFT
    1907
    Built
    Neighborhood:
    C16 - Mid Los Angeles
    County:
    Los Angeles
    Area:
    C16 - Mid Los Angeles
    Property Description
    Amazing development opportunity to build a multi-family consisting of 6 units (possibly 7/8) each approximately 1,500-1,600 square foot with 3 bedrooms! Zoned RD1.5 and currently has a vacant 5 bedroom house that is an established Airbnb property which generates approximately $10-12k a month. This is perfect for Developers to generate income while getting the property RTI and ready for demo! With easy access to freeways, USC and Downtown Los Angeles, this is definitely an opportunity you don't want to miss!
    Exterior Features

    Architectural Style Traditional Garage Spaces 2.00 Lot Size Units Square Feet Parking Features ConcreteGarage Parking Total 2.00 Parking YN Yes Pool Features None Pool Private YN No Property Attached YN No Spa Features None Spa YN No View See Remarks View YN Yes

    Interior Features

    Appliances DisposalRefrigeratorDishwasher Appliances YN Yes Bathrooms Full 2 Bathrooms One Quarter 0 Bathrooms Three Quarter 0 Common Walls No Common Walls Cooling See Remarks Cooling YN Yes Fireplace Features Living Room Fireplace YN Yes Heating Central Heating YN Yes Laundry Features InsideSee Remarks Room Type See RemarksFamily RoomMaster BedroomEntryLiving Room

    Property Features

    Laundry YN Yes Property Sub Type Single Family Residence Special Listing Conditions Standard Zoning Rd1.5

    Listing provided courtesy of Benjamin Bacal of Rodeo Realty - Beverly Hills


    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-08-21T20:34:37.023. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Naylor Properties | RE/MAX Estate Properties. Licensed in the State of California, USA.
     
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