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1819 S Gramercy Pl
Los Angeles, CA 90019 Koreatown

$4,299,000 USD

Apartments For Sale  •  15,851 SF

Property Details

  • Property Type Apartments
  • Total Building Size 15,851 SF
  • Lot Size 0.41 AC
  • Building Class C
  • Year Built 1972
  • Cap Rate 4.87 %
  • Zoning R3, Los Angeles
56 Transit Score
84 Walk Score

Highlights

LARGE, courtyard-style building fronted by extensive landscaping
8% cap UPSIDE
Strong, Mid City location
Seismic done
Secured-access entry and secured-parking

Property Flyers

Financial Summary (Actual)

Net Operating Income: $209,485 USD (2024)
Cap Rate: 4.87 %
Total Expenses: $149,179 USD

Amenities

  • Balcony
  • Cable Ready
  • Controlled Access
  • Laundry Facilities
  • Heating
  • Kitchen
  • Oven
  • Dining Room
  • Family Room

Public Transportation

Commuter RailDriveWalkDistance
Los Angeles (Coast Starlight - Amtrak, Pacific Surfliner - Amtrak, Southwest Chief - Amtrak, Texas Eagle - Amtrak) 11 min - 5.8 mi
Union Station (91 Line - Southern California Regional Rail Authority (Metrolink), Antelope Valley Line - Southern California Regional Rail Authority (Metrolink), Orange County Line - Southern California Regional Rail Authority (Metrolink), Riverside Line - Southern California Regional Rail Authority (Metrolink), San Bernardino Line - Southern California Regional Rail Authority (Metrolink), Ventura County Line - Southern California Regional Rail Authority (Metrolink)) 13 min - 6.0 mi
AirportDriveWalkDistance
Los Angeles International 20 min - 11.3 mi
Bob Hope 24 min - 13.9 mi
Long Beach (Daugherty Field) 32 min - 23.8 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 18
Type: Surface
Included in Rent: Yes
Brice W. Head, MBA 310-363-4900 CBRE
Brice W. Head, MBA 310-363-4900 CBRE