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listing
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Residential IncomeFor Sale
$3,100,000
610 N Gramercy Place
Los Angeles, CA 90004
Listed by Jeremy Kim DRE#02045187 AgentJeremyKim@gmail.com Dream Realty & Investments Inc
MLS: California Regional MLS (CRMLS)
11Beds
15Baths
4,984Sq Ft
Est. Mortgage
$16,102/mo

Presenting a 2022 built FULLY LEASED 4-unit townhouse complex with an impressive 5.02% CAP RATE in a quiet and highly desirable part of Los Angeles! Located just minutes from Larchmont Village, Koreatown, and Melrose Hill, the property consists of 2 separate building on one lot. Three of the units have 3 bedrooms 3.5 bathrooms, and one unit is a 2 bedroom 2.5 bathroom unit, all fetching very high and competitive rents. All units have their own unique address and are separately metered for gas, water, and electricity. Each address also has their own trash/recycle bins paid directly from the tenant, minimizing expenses and making it easy to manage for any landlord. Each unit has their own tankless water heaters, recessed lighting, central AC/Heat, laundry machines, built-in microwave, refrigerators, and gas range stove/ovens. 8 parking spaces (including 3 private garage spaces) are available for tenants with the possibility to park 10 cars.This NON-RENT CONTROLLED property is easy to maintain property is a landlord's dream!

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Information courtesy of Dream Realty & Investments Inc is subject to verification and is not guaranteed.
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