5700 S Gramercy Place, Los Angeles, CA 90062
Local realty services provided by:ERA Excel Realty
5700 S Gramercy Place,Los Angeles, CA 90062
$799,000
- 4 Beds
- 3 Baths
- 2,538 sq. ft.
- Multi-family
- Active
Listed by: taylor light
Office: coldwell banker realty424-280-7400
MLS#:25607637
Source:CRMLS
Price summary
- Price:$799,000
- Price per sq. ft.:$314.81
About this home
Property is tenant occupied. With the combination of affordability and functionality, this Triplex consists of three stand-alone cottages on a corner lot, making it a unique real estate opportunity in the heart of a burgeoning neighborhood. Located in an Opportunity Zone and a community on the rise, these units are perfect for those seeking an accessible entry into homeownership or for investors looking to tap into this potential. There are no common walls and each unit is individually metered for gas, electricity, AND water. Each unit offers outdoor patios, private yard space, and In-Unit Washer/Dryer hookups. Three Single Car Garages with automatic doors. The Front unit is an Upgraded 2 Bd / 1 Ba house, which is currently occupied by one Section 8 tenant paying $2,313. The remaining two units are both 1 Bd, 1 Ba - Tenant Occupied (One Section 8 unit paying $1,081 total for Guaranteed Rent, the other tenant pays $568 and is not Section 8). Priced right, this is an excellent investment opportunity. Buyer to do own investigations. ADU Potential!...
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Home facts
- Year built:1926
- Listing ID #:25607637
- Added:124 day(s) ago
- Updated:August 16, 2026 at 01:18 PM
Rooms and interior
- Bedrooms:4
- Total bathrooms:3
- Flooring:Carpet, Laminate, Tile
- Living area:2,538 sq. ft.
Heating and cooling
- Cooling:Wall Window Units
- Heating:Wall Furnace
Structure and exterior
- Year built:1926
- Building area:2,538 sq. ft.
- Lot area:0.15 Acres
- Architectural Style:Bungalow
- Exterior Features:Dock
- Levels:1 Story
Finances and disclosures
- Price:$799,000
- Price per sq. ft.:$314.81
Features and amenities
- Laundry features:Stacked
- Amenities:Ceiling Fans, Dock
Parking
- Total parking spaces:3
- Parking description:Door Multi, Garage
- Garage:Yes
- Garage spaces:3
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