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For SaleLuxury

$3,590,000

10,884 sqft$330/sqft61 days on market

210 S Commonwealth Avenue

Los Angeles, CA 90004

· 8% down, 7% APR, 30yr fixed

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.

Listing agent (MLS): Jae Young Lee · Listing brokerage (MLS): Ivy Realty Co.

Property Details

Key facts from the live listing feed are grouped here for quick review. Only fields confirmed by the active source are shown.

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

· 8% down, 7% APR, 30yr fixed
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Courtesy of Ivy Realty Co.