4700 S Gramercy Place Los Angeles, CA ^$ 667,000

4700 S Gramercy Place

^$ 667,000

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4700 S Gramercy Place

Los Angeles, CA, 90062

^$ 667,000

Bedrooms4 Baths2.0 Sq 1,948

Monthly Estimate*

^$ 4,433

Listed by Edgestone Real Estate, Inc.

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Multi-Family Home for sale in Los Angeles, CA

for $667,000 with 4 bedrooms and 2 full baths. This 1,948 square foot home was built in 1907 on a lot size of 0.1493.

Investor s Dream This duplex, boasting 2 units, each featuring 2 bedrooms and 1 bathroom, offers a total of 1948 sq ft of prime real estate. Built in 1907, this property stands proudly on a corner lot with a generous 6500 sq ft of space. Zoned LA R2-1 Tier 2 TOC, this duplex provides a fantastic investment opportunity, allowing for potential growth and development. With a combination of historic charm and strategic location, this property is a promising venture for those looking to expand their real estate portfolio or generate steady rental income. This is an exclusive listing period for purchase by owner-occupant buyers, select nonprofits, governmental entities, and other approved entities. All offers from these purchases should be submitted as pre-auction offers. If a pre-auction offer was not accepted by the seller during the First Look period, the auction will begin for all bidders on 03/22/2024.

Multi-Family Pending

Price

^$ 667,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 0

Style

Duplex

Lot Size

0.1493

Year Built

1907

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

PW24036771

Days on Market

Features

General

Sewer PublicSewer

Zoning LAR2

HOA 0.0

Garage Spaces 0.0

Pool Features None

Year Built 1907

View None

Stories 2

Levels Two

Property SubType Duplex

Gross Income 0.0

Community Features Curbs

County Los Angeles

Net Operating Income 0.0

Operating Expense 0.0

Insurance Expense 0.0

New Construction N

Property Type ResidentialIncome

HOA / Comm Assn N

Attached Garage N

Garage Y/N N

Special Listing Conditions RealEstateOwned

Status Pending

Directions Western and 48th St

City Los Angeles

Entry Location 1

View Y/N N

Senior Community Y/N N

Total Units 2

MLS Area C34 - Los Angeles Southwest

Lot Size Square Feet 6502.0

Private Pool N

Waterfront Y/N N

Carport Spaces 4.0

Carport Y/N Y

Street Name Gramercy

Listing Terms Cash

Spa Features None

Property Attached Y/N Y

Land Lease Y/N N

Electric Expense 0.0

Home Warranty Y/N N

Fuel Expense 0.0

Trash Expense 0.0

Water Sewer Expense 0.0

Lease Renewal Y/N N

Additional Parcels Y/N N

Lease Considered Y/N N

Rent Control Y/N Y

Days on Market 71

Building Area Units SquareFeet

Standard Status Pending

Year Built Source Assessor

Tax Lot 430

Property Sub Type Additional Duplex

Taxes 0.0

Cap Rate 0.0

Exterior

Lot Features Item01UnitAcre

Water Source Public

Total Parking 4.0

Lot Size Area 6502.0

Number of Buildings 1

Spa N

Building Area Total 1948.0

Lot Size Acres 0.1493

Lot Size Units SquareFeet

Lot Size Source Assessor

Pool Charge 0.0

Number of Separate Water Meters 1

Number of Separate Gas Meters 1

Number of Separate Electric Meters 1

Crops Included Y/N N

Open Parking Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

Interior

Total Stories 2

Common Walls Item2CommonWalls

Basement (Y/N) N

Air Conditioning Y/N N

Heating Y/N N

Fireplace Y/N N

Street Suffix Place

Laundry Features None

Entry Level 1

Electric On Property Y/N N

Internal Only

Street Number 1 4700

* Excluded Features

List By

Edgestone Real Estate, Inc.

Broker

(213) 273-4845

Phone

Affordability Calculator

$4,433

Per Month

Monthly Principal & Interest: $4,433
Monthly Property Taxes: --
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Los Angeles, CA

Average List Price ^$1,985,860

Percent of Sale Price 198%

About Los Angeles, CA

3,920,026 Population

6% Since 2002

^$55,057 Median Income

36.82 Median Age

27% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

273443 Elementary School

272636 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
4/25/2024	$667,000	-5.12%	Price Down
3/12/2024	$703,000	-5.00%	Price Down
2/22/2024	$740,000		Listed Price

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4700 S Gramercy Place, Los Angeles, CA, 90062 is a Multi-Family Home for sale at $667,000 with 1,948 sqft and a lot size of 0.1493. 4700 S Gramercy Place has 4 bedrooms, 2.0 baths, and was built in 1907. The property's zip code is 90062 which is in Los Angeles, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 5/31/2024. 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.

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4700 S Gramercy Place

Multi-Family Home for sale in Los Angeles, CA

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