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  • 941 S Gramercy Place

941 S Gramercy Place, Los Angeles, CA 90019

$2,695,000 Approx. USD 12 beds, 12 baths
7,360 sqft
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The Keaty Team REALTOR® - Sales Associate 714-608-3298 m
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Lic#: 01276603
NRDS ID: 187514104
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Lic#: 01276603
NRDS ID: 187514104
thekeatyteam@bhhscal.com Tustin Office
18302 Irvine Blvd, Suite 240
Tustin, CA 92780
Phone: 714-832-8800
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 Tustin 18302 Irvine Blvd, Suite 240
Tustin, CA 92780
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Listing Agent


Jae Young Lee | jaelee1017@hotmail.com
Lic#: 01270965
Broker: Courtesy of Ivy Realty Co.
Phone: 213-663-3899

Co Listing Agent


Ki Seon Im | ym6077@gmail.com
Lic#: 01860439
Broker: Courtesy of Ivy Realty Co.
Phone: 213-505-6345

Agent Remarks

941 S Gramercy Pl & 210 S Commonwealth Ave, Los Angeles To Be Sold Combined, Total $6,285,000! Location! Priced to Sell! Corner Lot! GRM 12.33! Low Expenses & Separately Metered Gas & Electricity! Seller Motivated! Rare opportunity to acquire two well-maintained apartment buildings in prime Los Angeles. Conveniently located just south of 8th Street and west of Western Avenue near Olympic Boulevard, with easy access to Larchmont Village, Country Club Park, Miracle Mile, Hollywood, and Downtown LA.941 S Gramercy Pl features twelve (12) spacious 1-bedroom, 1-bathroom units with upgraded laminate wood flooring and fourteen (14) on-site parking spaces. Low operating expenses and separate gas and electric meters provide efficient ownership. This property generate $17,906/month ($214,872/year) in gross rental income, offering stable cash flow with strong upside potential. Ideal investment for long-term appreciation in a high-demand rental market.

Listing Details

Property type: (Multi-Family)
Status: Active
MLS# 26985675
Price: $2,695,000
Beds: 12
Baths: 12
Built in 1964
7,360 sqft
0.16 acres
Lot size: 0.1577
County: Los Angeles
Zoning: LAR3
Heating description: Forced Air
MLS area: C18 - Hancock Park-Wilshire

Last Updated: 9/16/2026

 Days On Market (DOM): 25

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This listing belongs to the C18 - Hancock Park-Wilshire MLS area

Lat/Long: 34.054279, -118.313506.
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DISCLAIMER: There is NO WARRANTY, expressed or implied, for the accuracy of this information or its applicability to your financial situation. Please consult your financial and/or tax advisor. GET PRE-APPROVED The loan's interest rate will depend upon the specific characteristics of the loan transaction and credit profile up to the time of closing.

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