Listing provided courtesy of Bryson Youksetter of Bryson Youkstetter, Broker. Last updated 2024-07-27 08:11:48.000000. Listing information © 2022 CLAW.
Asking Price: $895,000
3836 Gramercy, Los Angeles CA 90062
Community: C37 - Metropolitan South
This Apartment property was built in 1923 and is priced at $895,000. Please see the additional details below.
Six charming one-bedroom units located close to USC and the surrounding areas of Jefferson Park and West Adams. The property is a low maintenance building in a quiet residential area with easy off street parking in direct proximity to the subject building. There is tremendous upside in rents. At market rents, the market cap rate is approximately 12.8% and a market GRM of 6.2.
The tenants pay all utilities with the exception of water.
