933 S Gramercy Place,  Los Angeles CA, 90019 (Residential Income)

2,056 sqft
Status: Active
MLS#: 15956939
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Last Updated: 12/9/2016 2:47 AM
Description for 933 S Gramercy Place Los Angeles, CA 90019
NEED A PLACE TO PARK YOUR CLIENT'S 1031 EXCHANGE? HERE IT IS!!! MAJOR PRICE REDUCTION OF OVER $700,000!!! LET'S MAKE A DEAL!!! A real find in Country Club Heights, one of the 1st properties built in the area at the turn of the century in 1909! This craftsman style bungalow, once a triplex, is currently occupied by the owners as their personal residence. There is also one attached rental unit, also occupied by family members. This property can be either be restored to it's original beauty and glory and added to to create a unique one of a kind rental complex or it can be demolished to create 8 to 9 NEW condo or apartment units. You can choose! The property will be delivered vacant at close of escrow. Buyer to complete all investigations of the property including LADBS, City of Los Angeles Planning Department, permits, etc. to determine what can actually be built on this R3 lot. LOT DIMENSIONS ARE 60' X 125'. Centrally located close to DTLA, K Town, Mid Wilshire, Hollywood.
Price
$1,599,000
Los Angeles
2,056 (approx)
15956939
Active
Description
NEED A PLACE TO PARK YOUR CLIENT'S 1031 EXCHANGE? HERE IT IS!!! MAJOR PRICE REDUCTION OF OVER $700,000!!! LET'S MAKE A DEAL!!! A real find in Country Club Heights, one of the 1st properties built in the area at the turn of the century in 1909! This craftsman style bungalow, once a triplex, is currently occupied by the owners as their personal residence. There is also one attached rental unit, also occupied by family members. This property can be either be restored to it's original beauty and glory and added to to create a unique one of a kind rental complex or it can be demolished to create 8 to 9 NEW condo or apartment units. You can choose! The property will be delivered vacant at close of escrow. Buyer to complete all investigations of the property including LADBS, City of Los Angeles Planning Department, permits, etc. to determine what can actually be built on this R3 lot. LOT DIMENSIONS ARE 60' X 125'. Centrally located close to DTLA, K Town, Mid Wilshire, Hollywood.
Listing Information
Property Type: Cluster, Other
0.17 Acres 751,000 sq.ft. 2,056 (approx)
$777.72 1910
2 Total
Neighborhood
Room Information
No Laundry Facility
Interior Features
None
None
Exterior / Lot Features
6 Parking Spaces, Uncovered
60X125
LAR3
Driving Directions
North of Olympic, South of 9th Street, 1 block East of Wilton Place, West of Western. Between 9th Street and San Marano.
Financial Considerations
5092022004
Listing Price History

Los Angeles Real Estate

Los Angeles is located in California. Los Angeles, California 90019 has a population of 3,804,503.

The median household income in Los Angeles, California 90019 is $49,745. The median household income for the surrounding county is $56,241 compared to the national median of $53,046. The median age of people living in Los Angeles 90019 is 34.1 years.

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Courtesy: Berkshire Hathaway HomeService Kathleen Becker
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Information is deemed reliable but is not guaranteed.

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