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Los Angeles
Los Angeles
90019
940 S Gramercy Place, Los Angeles, CA, 90019
940 S Gramercy Place, Los Angeles, CA, 90019
940 S Gramercy Place, Los Angeles, CA, 90019
940 S Gramercy Place, Los Angeles, CA, 90019
940 S Gramercy Place, Los Angeles, CA, 90019
940 S Gramercy Place, Los Angeles, CA, 90019
940 S Gramercy Place, Los Angeles, CA, 90019
940 S Gramercy Place, Los Angeles, CA, 90019
940 S Gramercy Place, Los Angeles, CA, 90019
940 S Gramercy Place, Los Angeles, CA, 90019
940 S Gramercy Place, Los Angeles, CA, 90019
940 S Gramercy Place, Los Angeles, CA, 90019
940 S Gramercy Place, Los Angeles, CA, 90019
940 S Gramercy Place, Los Angeles, CA, 90019
940 S Gramercy Place, Los Angeles, CA, 90019
940 S Gramercy Place, Los Angeles, CA, 90019
940 S Gramercy Place, Los Angeles, CA, 90019
940 S Gramercy Place, Los Angeles, CA, 90019
940 S Gramercy Place, Los Angeles, CA, 90019
940 S Gramercy Place, Los Angeles, CA, 90019
940 S Gramercy Place, Los Angeles, CA, 90019
940 S Gramercy Place, Los Angeles, CA, 90019
940 S Gramercy Place, Los Angeles, CA, 90019
940 S Gramercy Place, Los Angeles, CA, 90019
940 S Gramercy Place, Los Angeles, CA, 90019
940 S Gramercy Place, Los Angeles, CA, 90019
940 S Gramercy Place, Los Angeles, CA, 90019
940 S Gramercy Place, Los Angeles, CA, 90019
940 S Gramercy Place, Los Angeles, CA, 90019
940 S Gramercy Place, Los Angeles, CA, 90019
940 S Gramercy Place, Los Angeles, CA, 90019
Newly Listed
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$2,495,000

940 S Gramercy Place, Los Angeles, CA, 90019

ACTIVE
31 Photos
940 S Gramercy Place, Los Angeles, CA, 90019
940 S Gramercy Place, Los Angeles, CA, 90019
940 S Gramercy Place, Los Angeles, CA, 90019
940 S Gramercy Place, Los Angeles, CA, 90019
940 S Gramercy Place, Los Angeles, CA, 90019
940 S Gramercy Place, Los Angeles, CA, 90019
940 S Gramercy Place, Los Angeles, CA, 90019
940 S Gramercy Place, Los Angeles, CA, 90019
940 S Gramercy Place, Los Angeles, CA, 90019
940 S Gramercy Place, Los Angeles, CA, 90019
940 S Gramercy Place, Los Angeles, CA, 90019
940 S Gramercy Place, Los Angeles, CA, 90019
940 S Gramercy Place, Los Angeles, CA, 90019
940 S Gramercy Place, Los Angeles, CA, 90019
940 S Gramercy Place, Los Angeles, CA, 90019
940 S Gramercy Place, Los Angeles, CA, 90019
940 S Gramercy Place, Los Angeles, CA, 90019
940 S Gramercy Place, Los Angeles, CA, 90019
940 S Gramercy Place, Los Angeles, CA, 90019
940 S Gramercy Place, Los Angeles, CA, 90019
940 S Gramercy Place, Los Angeles, CA, 90019
940 S Gramercy Place, Los Angeles, CA, 90019
940 S Gramercy Place, Los Angeles, CA, 90019
940 S Gramercy Place, Los Angeles, CA, 90019
940 S Gramercy Place, Los Angeles, CA, 90019
940 S Gramercy Place, Los Angeles, CA, 90019
940 S Gramercy Place, Los Angeles, CA, 90019
940 S Gramercy Place, Los Angeles, CA, 90019
940 S Gramercy Place, Los Angeles, CA, 90019
940 S Gramercy Place, Los Angeles, CA, 90019
940 S Gramercy Place, Los Angeles, CA, 90019
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940 S Gramercy Place, Los Angeles, CA, 90019
940 S Gramercy Place, Los Angeles, CA, 90019
940 S Gramercy Place, Los Angeles, CA, 90019
940 S Gramercy Place, Los Angeles, CA, 90019
940 S Gramercy Place, Los Angeles, CA, 90019
940 S Gramercy Place, Los Angeles, CA, 90019

Information

Price: $2,495,000
Year Build: 1965
Bedrooms: 10
MLS ID: 26782421
Status: Active

Details

Address: 940 S Gramercy Place
County: Los Angeles
City: Los Angeles
Zip: 90019
State: California

Description

SEE ATTACHED DOC FOR INVESTMENT DEPRECIATION AND TAX BENEFIT FOR THE NEXT BUYER. ** BRING YOUR 1031 EXCHANGE HERE. ** A DIAMOND IN THE ROUGH~~~ THIS CAN BE A CASH COW FOR THOSE WHO CAN IMAGINE. Possibly more units can be delivered VACANT AT CLOSE OF ESCROW. HUGE BEDROOMS, LARGER LIVING ROOMS. First time in the Market in 34 years!! EACH UNIT HAS IT'S OWN CENTRAL A/C. This subject property is a two-story 8-unit apartment building constructed in 1965 with classical and Modern touch architecture situated on a Hard Corner Lot. The rents are significantly below market. The property could also generate additional income potential using the ADU process to add dwellings (buyer to verify). The landlord pays for trash service, but there are separate gas and electric meters for each unit, which the tenants pay for. The property is located within few minutes to Larchmont Village, Restaurants, and Markets, which is a quiet residential neighborhood. Also, provides convenient access to the 10 freeway, Mid-Wilshire, Koreatown, Downtown LA, USC, and has a walk score of 82 (Very Walkable). This offering provides huge upside in future income with stability of current income as it is 100% leased with all tenants paying their full rent on time. One 2 bedroom 1 bathroom unit can be delivered vacant at COE. VERY WELL-MAINTAINED BUILDING, RETROFITTING IS DONE. WELL GATED, QUIET STREET. COIN-OPERATED LAUNDRY FACILITY. BUYER TO VERIFY ALL FACTS.

Location

Listed By

Listing Agent

Max Lee

Hellomaxlee@gmail.com
213-434-2433
Real Broker

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Print Details
The real estate listing information is provided by California Regional MLS, Inc. and/or CARETS® 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 or leasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (IDX) program of the California Regional MLS, Inc. and/or CARETS®. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns the web site. Information is deemed reliable but not guaranteed, and consumer is responsible for verifying the accuracy of all information. Copyright © California Regional MLS, Inc. and/or CARETS®. All Rights Reserved. Updated: 23rd April, 2026 11:43 PM (UTC)
Listing Agent: Max Lee
Listing Office: Real Broker
Attribution contact: 213-434-2433

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The real estate listing information is provided by California Regional MLS, Inc. and/or CARETS® 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 or leasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (IDX) program of the California Regional MLS, Inc. and/or CARETS®. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns the web site. Information is deemed reliable but not guaranteed, and consumer is responsible for verifying the accuracy of all information. Copyright © California Regional MLS, Inc. and/or CARETS®. All Rights Reserved. Updated: 23rd April, 2026 11:43 PM (UTC)

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