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$2,790,000   Price Analysis
Agent Details  share icon     map icon  QR
838 S Gramercy Pl Apt 7
Los Angeles, CA 90005
11 bed 8 bath 6,324 SqFt ($441/SqFt)
7,502SqFt lot. Built 1957
Listed 2024-07-29, Taxes $22,617
Ⓧ USDA Ineligible
due to price & location

near Los Angeles

We are please to announce the sale of 838 S Gramercy place

8 unit apartment. In addition to provide strong cash flow, this apartment provides a new buyer with a successfully investment. This apartment cnveniently located near rest rant and bank, bus stop, metro station on Hancock Park Area.

DO NOT DISTURBED TENANTS. Buyer and buyer's agent to verify and rely on their findings. This property is being Sold As Is with no warranty or liability to seller and brokers. No Vacancy


Presented by Jae Sung Choi at
Ivy Realty Co.


Property MLS #24-421053 from TheMLSCLAW

Bedrooms: 11

Total Bathrooms: 8
Full Bathrooms: 8

Gas
Oven
Laundry Facilities: Community
Laundry Features: Community

Heating Features: Wall Gas

Flooring: Wood

Lot Size Acres: 0.1722222
Lot Size Source: Vendor Enhanced
Lot Size Square Feet: 7502

Garage Description: Covered Parking, Assigned
Parking Total: 8

Association: No
Calculated Total Monthly Association Fees: 0

Number of Buildings: 1
Number of Units: 8
Unit Features: 1 BedsTotal: 1, 1 BathsTotal: 1, 1 SquareFeet: 10000, 2 BedsTotal: 2, 2 BathsTotal: 1, 2 SquareFeet: 8100

Gross Income: 164952

Source Listing Status: Active
County: Los Angeles
Directions: West oh Western Ave and North of Olympic Blvd
Source Property Type: Residential Income
Area: Hancock Park-Wilshire
Source Neighborhood: Hancock Park-Wilshire
Parcel Number: 5092-025-017
Postal Code Plus 4: 3457
Zoning: LAR3
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$702,165 + $1,132,528
$1,834,693
$22,617
2021$688,398 + $1,110,322
$1,798,720
$22,321
2020$681,340 + $1,098,938
$1,780,278
$22,542
2019$667,981 + $1,077,391
$1,745,372
$21,672
2018$654,884 + $1,056,266
$1,711,150
$21,498
2017$642,044 + $1,035,555
$1,677,599
$21,001
2016$629,455 + $1,015,250
$1,644,705
$20,494
2015$620,000 + $1,000,000
$1,620,000
$20,202
2014$652,951 + $602,724
$1,255,675
$16,255
2013$339,583 + $792,363
$1,131,946
$14,795
2012$332,925 + $776,827
$1,109,752
$14,989
2010$326,398 + $761,596
$1,087,994
$14,601
2009$324,729 + $757,701
$1,082,430
$14,075
2009$323,959 + $755,905
$1,079,864
$14,075
2008$318,362 + $742,845
$1,061,207
$13,492
2007$312,120 + $728,280
$1,040,400
$13,045

Listing removed 2024-07-31
$0
TheMLSCLAW
Listed 2024-07-29
$2,790,000
TheMLSCLAW
Listing removed 2024-01-27
$0
TheMLSCLAW
Listed 2024-01-26
$2,590,000
TheMLSCLAW
Listing removed 2023-03-03
$0
TheMLSCLAW
Listed 2023-03-02
$2,850,000
TheMLSCLAW
Price Changed 2022-06-27
$2,850,000
TheMLSCLAW
Listed 2022-06-23
$2,790,000
TheMLSCLAW
Listing removed 2020-02-21
$0
TheMLSCLAW
Relisted 2020-02-20
$2,449,000
TheMLSCLAW
Listing removed 2020-02-11
$0
TheMLSCLAW
Relisted 2020-02-08
$2,449,000
TheMLSCLAW
Listing removed 2020-01-30
$0
TheMLSCLAW
Listed 2020-01-03
$2,449,000
TheMLSCLAW
Listing removed 2020-01-02
$0
TheMLSCLAW
Listed 2019-07-29
$2,449,000
TheMLSCLAW
Listing removed 2019-07-01
$0
TheMLSCLAW
Relisted 2019-04-13
$2,390,000
TheMLSCLAW
Listing removed 2019-04-12
$0
TheMLSCLAW
Listed 2019-04-01
$2,390,000
TheMLSCLAW
Sold 2014-09-23
$1,620,000
TheMLSCLAW
Listed 2014-08-04
$1,675,000
TheMLSCLAW
Sold 2013-03-29
$1,250,000
Public Record
Sold 2004-08-24
$1,000,000
Public Record
Sold 1986-10-27
$293,000
Public Record

Net Operating Income: 106438

Total Square Feet Living: 6324
Year Built: 1957
Levels: Two Level
Living Area Source: Vendor Enhanced
Property Age: 67
Levels or Stories: 2
Building Total Stories: 2
Year Built Source: Vendor Enhanced

Wilton Place Elementary School is a public elementary school located approximately 0.1 miles away.
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Los Angeles Senior High School is a public high school located approximately 1.2 miles away.
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John Burroughs Middle School is a public middle school located approximately 1.5 miles away.
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St. James Episcopal School is a private elementary school located approximately 0.4 miles away.
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.