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$ 799,000
Est. payment /mo
Price Dropped by $60K
5700 S Gramercy PL Los Angeles, CA 90062
4 Beds
3 Baths
2,538 SqFt
UPDATED:
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
Motivated Seller! 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. Nestled in 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. The remaining two units are both 1 Bd, 1 Ba - Tenant Occupied (One Section 8 unit paying $1,081 total for Guaranteed Rent!). 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
Listed by Taylor Light Coldwell Banker Realty #02084441