$3,590,000
210 S Commonwealth Avenue
Los Angeles, CA 90004
24
Beds
14
Baths
10,884
Square feet
1980
Built
Listing narrative
Description
210 S Commonwealth Ave & 941 S Gramercy PL, Los Angeles, To Be Sold Combined, Total $6,285,000! Location!!! Priced to Sell! Corner Lot! UNBEATABLE GRM 11.55!! Low Expenses & Easy Maintenance! This 14-unit apartment building is offered only in combination with 941 S Gramercy. Conveniently located close to Hollywood, Downtown LA, Larchmont, with access to the 110, 101, and 10 Fwy. Built in 1980, the property features ten (10) 2-bedroom, 1-bathroom units and four (4) 1-bedroom, 1-bathroom units. Most units have been upgraded and are in excellent condition. The building includes twenty (20) on-site gated parking spaces and an on-site laundry facility, with low operating expenses and easy maintenance. Rents are currently below market, offering strong upside potential. Current gross rental income: $25,900/month ($310,800 annually). Excellent long-term investment with stable cash flow and future growth potential. Sellers motivated.
Property Details
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Price
$3,590,000
Beds
24 bd
Type
House
Home Size
10,884 sqft
Baths
14
Lot Size
0.17 acres
Year
1980
Status
For Sale
Days on Market
61
$ / Sqft
$330
Courtesy of Ivy Realty Co.






