736 Gramercy Drive
Los Angeles, CA 90005
0.14 acres | #WS25040048
Description
The well-maintained building and units at 736 Gramercy ensure a rare investment opportunity, while 100% occupancy reflects the property's strong rental appeal. Recent upgrades include - soft story retrofit, partial copper plumbing, main water heater, main electric panel, and other repairs/upgrades throughout the units. With four units currently leased well below market rates, there is significant value-add potential and substantial rental upside for investors looking to increase income and maximize returns. Located in one of the most desirable streets in the Hancock-Wilshire area and with a 91 Walkability Score, this building has enjoyed both low tenant turnover and high rental demand. Convenient to freeways, top-rated restaurants, shopping, public transportation, nightlife and more. Don't miss this rare opportunity to acquire a high-performing asset with long-term appreciation potential.
Location
Legal
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Last Updated:Â . Source: CRMLS
Listing Courtesy
Listing Agent: SUNNY LEEÂ (#ws81583)
Listing Office: Sunshine International Inv., Inc. (#9619)
