5700 S Gramercy PL, Los Angeles, CA 90062
5700 S Gramercy PL, Los Angeles, CA 90062
5700 S Gramercy PL, Los Angeles, CA 90062
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Lucio Real Estate Group

Lucio Real Estate Group

+1(805) 512-0065
$799,000
Est. payment /mo
4 Beds
3 Baths
2,538 SqFt
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Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 2,538 sqft

Price per Sqft $314

MLS Listing ID 25607637

Bedrooms 4

HOA Y/N No

Year Built 1926

Lot Size 6,385 Sqft

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

Area Phht - Park Hills Heights

Zoning LAR2

Interior

Interior Features Ceiling Fan(s)

Heating Wall Furnace

Cooling Wall/Window Unit(s)

Flooring Carpet, Laminate, Tile

Fireplace No

Laundry Stacked

Exterior

Exterior Feature Dock

Parking Features Door-Multi, Garage

Garage Spaces 3.0

Garage Description 3.0

View Y/N No

View None

Total Parking Spaces 3

Building

Entry Level One

Architectural Style Bungalow

Level or Stories One

New Construction No

Others

Senior Community No

Tax ID 5005018015

Special Listing Condition Standard

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Listed by Taylor Light Coldwell Banker Realty #02084441

Nearby Locations

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Lucio Real Estate Group
Lucio Real Estate Group

Broker Associate | License ID: 01893011

+1(805) 512-0065

www.LucioRealEstate.com

1000 Town Center Dr #300, Oxnard, CA, 93036, USA

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5700 S Gramercy PL

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