Property Description

Excellent investment property with 2 detached houses on 1 lot!!! Can produce great rental income located by Prime Larchmont Village/Hancock Park areas a quiet tree lined residential street. Both houses have been remodeled kitchen w/ Quartz countertop, stainless steel appliances, front unit has a central A/C and heating, 2 homes on 1 lot(1,485 SF Single Story 3 bed, 2 baths home in front currently occupied by tenants till end of August 2022 @$3,600/mo.) and a permitted 480 SF 1 bed plus loft two story home in rear) Buyer shall take over the lease and the rear unit can be delivered vacant. Rear unit is great for ADU conversion! A great investment in a great neighborhood in Hancock Park area! Subject was appraised at $1.52M in May this year when refinanced!

Features
: 2
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Address Map
US
CA
Los Angeles
Los Angeles
90004
111 N Gramercy Place
0
W119° 41' 13.9''
N34° 4' 24.6''
Additional Information
Seeders Investment, Inc.
Yun Kim
$0
3
0 Sqft
$0
0
1
1
E. of N Wilton Pl. & W. of Western Ave. S of Beverly Blvd & N of W 1st St Cross Streets: W 1st St
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: Laminate
2
Palo Verde
1
yunkimrealtor@gmail.com
Cash,Cash to New Loan
yunkimrealtor@gmail.com
$0
Rogich Sig
: Standard
0
$0
LAR1
G165113692
G8285
53

Residential

111 N Gramercy Place, Los Angeles, California90004

4 Bedrooms
3 Bathrooms
1,965 Sqft
$1,450,000
Listing ID #320008075
Basic Details
Property Type : Residential
Listing Type : For Sale
Listing ID : 320008075
Price : $1,450,000
Bedrooms : 4
Bathrooms : 3
Square Footage : 1,965 Sqft
Year Built : 1912
Lot Area : 6,626 Sqft
Status : Active
Property Sub Type : Single Family Residence
Subdivision Name : Not Applicable-105
Agent info
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