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Listed by Jessica Altinoglu, DRE #02159983 • Luxury Collective
$799,000
Est. payment /mo
4,284 Sqft Lot
Price Dropped by $51K
5747 S Gramercy PL Los Angeles, CA 90062
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Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRSR26220299
Year Built 1950
Lot Size 4,284 Sqft
Property Sub-Type Triplex
Source California Regional MLS
Property Description
This three-unit property in South Los Angeles combines residential and commercial income on one lot! The unit mix includes two 3-bedroom, 1-bathroom residences and a studio. The studio is permitted for commercial use, which diversifies income and can appeal to small-business tenants. The 3-bedroom units are a strong fit for long-term renters, and each unit has its own entrance. The lot is gated with a long driveway, off-street parking, and an attached two-car garage. All of this sits on a palm-lined street with access to major South LA corridors, shopping, and transit. The property can be held for steady cash flow, improved over time to increase rents, or occupied by an owner-user who wants to live on-site while collecting rental and commercial income. Mixed-use properties with this flexibility are hard to find in the 90062 area!
Location
State CA
County Los Angeles
Area C34 - Los Angeles Southwest
Exterior
Pool None
Building
Water District - Public
Others
Tax ID 5005017026
Special Listing Condition Not Applicable
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