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$ 799,000
Est. payment /mo
Active
5700 S Gramercy Place Los Angeles, CA 90062
4 Beds
2,538 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type OTHER
Listing Status Active
Purchase Type For Sale
Square Footage 2,538 sqft
Price per Sqft $314
MLS Listing ID CL25607637
Bedrooms 4
HOA Y/N No
Year Built 1926
Lot Size 6,386 Sqft
Acres 0.15
Property Sub-Type OTHER
Property Description
Property is tenant occupied. With the combination of affordability and functionality, this Triplex consists of three stand-alone cottages on a corner lot, making it a unique real estate opportunity in the heart of a burgeoning neighborhood. Located in an Opportunity Zone and a community on the rise, these units are perfect for those seeking an accessible entry into homeownership or for investors looking to tap into this potential. There are no common walls and each unit is individually metered for gas, electricity, AND water. Each unit offers outdoor patios, private yard space, and In-Unit Washer/Dryer hookups. Three Single Car Garages with automatic doors. The Front unit is an Upgraded 2 Bd / 1 Ba house, which is currently occupied by one Section 8 tenant paying $2,313. The remaining two units are both 1 Bd, 1 Ba - Tenant Occupied (One Section 8 unit paying $1,081 total for Guaranteed Rent, the other tenant pays $568 and is not Section 8). Priced right, this is an excellent investment opportunity. Buyer to do own investigations. ADU Potential!
Location
State CA
County Los Angeles
Zoning LAR2
Interior
Heating Wall Furnace
Cooling Wall/Window Unit(s)
Flooring Laminate, Tile, Carpet
Fireplace No
Laundry Other
Exterior
Exterior Feature Dock, Other
View Y/N false
View None
Total Parking Spaces 3
Building
New Construction No
Others
Tax ID 5005018015
© 2026 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.
Listed by Taylor Light • Coldwell Banker Realty