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941 S Gramercy Place, Los Angeles, CA 90019

Los Angeles
Local realty services provided by:CENTURY 21 Adams & Barnes
941 S Gramercy Place,Los Angeles, CA 90019
$2,695,000
  • 12 Beds
  • 12 Baths
  • 7,360 sq. ft.
  • Multi-family
  • Active
Listed by: jae young lee, ki seon im
Office: ivy realty co.213-386-8888
MLS#:26985675
Source:CRMLS

Price summary

  • Price:$2,695,000
  • Price per sq. ft.:$366.17

About this home

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.

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Home facts

  • Year built:1964
  • Listing ID #:26985675
  • Added:7 day(s) ago
  • Updated:September 16, 2026 at 03:14 PM

Rooms and interior

  • Bedrooms:12
  • Total bathrooms:12
  • Living area:7,360 sq. ft.

Heating and cooling

  • Heating:Forced Air

Structure and exterior

  • Year built:1964
  • Building area:7,360 sq. ft.
  • Lot area:0.16 Acres

Finances and disclosures

  • Price:$2,695,000
  • Price per sq. ft.:$366.17

Parking

  • Total parking spaces:14
The information being provided by California Regional MLS (Southern California) is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the California Regional MLS (Southern California). CENTURY 21 Adams & Barnes is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of CENTURY 21 Adams & Barnes, a broker participant of California Regional MLS (Southern California). This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, including but not limited to open house information, square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by California Regional MLS (Southern California) and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2021 California Regional MLS (Southern California). All rights reserved. CRMLS Member Broker: Thomas Adams

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