210 S Commonwealth Avenue, Los Angeles, CA 90004
- $3,590,000
- 24
- BD
- 14
- BA
- 10,884
- SqFt
- List Price
- $3,590,000
- Price Change
- ▲ $195,000 1771983108
- Status
- ACTIVE
- MLS#
- 26655689
- Year Built
- 1980
- Bedrooms
- 24
- Bathrooms
- 14
- Living Sq. Ft
- 10,884
- Lot Size
- 7,488
- Acres
- 0.17
- Days on Market
- 159
- Property Type
- Multifamily
- Stories
- Two Levels
Property Description
210 S Commonwealth Ave & 941 S Gramercy PL, Los Angeles, To Be Sold Combined, Total $6,285,000! Location! Priced to Sell! Corner Lot! UNBEATABLE GRM 11.55!! Low Expenses & Easy Maintenance! This 14-unit apartment building is offered only in combination with 941 S Gramercy. Conveniently located close to Hollywood, Downtown LA, Larchmont, with access to the 110, 101, and 10 Fwy. Built in 1980, the property features ten (10) 2-bedroom, 1-bathroom units and four (4) 1-bedroom, 1-bathroom units. Most units have been upgraded and are in excellent condition. The building includes twenty (20) on-site gated parking spaces and an on-site laundry facility, with low operating expenses and easy maintenance. Rents are currently below market, offering strong upside potential. Current gross rental income: $25,900/month ($310,800 annually). Excellent long-term investment with stable cash flow and future growth potential. Sellers motivated.
/u.realgeeks.media/jeremysifuentes/header.png)
Additional Information
- Heat
- Forced Air
- Attached Structure
- Detached
- Number Of Units Total
- 14
Listing courtesy of Listing Agent: Ki Seon Im (ym6077@gmail.com) from Listing Office: Ivy Realty Co..
Mortgage Calculator
Based on information from California Regional Multiple Listing Service, Inc. as of . 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.