941 S Gramercy Place, Los Angeles, CA 90019

Los Angeles
Local realty services provided by:Better Homes and Gardens Real Estate Clarity
941 S Gramercy Place,Los Angeles, CA 90019
$2,695,000
  • 12 Beds
  • 12 Baths
  • 7,360 sq. ft.
  • Multi-family
  • Active
Listed by: ki seon im
Office: ivy realty co.213-386-8888
MLS#:26655597
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 #:26655597
  • Added:177 day(s) ago
  • Updated:August 17, 2026 at 01:24 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
  • Levels:Three Or More

Finances and disclosures

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

Features and amenities

  • Laundry features:Common Area

Parking

  • Total parking spaces:14
  • Parking description:Assigned
Based on information from California Regional Multiple Listing Service, Inc. as of August 20, 2026 . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

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