7
See all 7 photos
$850,000
Est. payment /mo
6 Beds
2 Baths
4,284 Sqft Lot
New
5747 S Gramercy Place Los Angeles, CA 90062
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Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID SR26220299
Bedrooms 6
Lot Size 4,284 Sqft
Property Sub-Type Res Income 2-4 Units
Property Description
This three-unit property in South Los Angeles combines residential and commercial income on one lot! The unit mix includes two 3-bedroom, 1-bathroom residences and a studio currently operating as a beauty shop. The studio is permitted for commercial use, which diversifies income and can appeal to small-business tenants. The 3-bedroom units are a strong fit for long-term renters, and each unit has its own entrance. The lot is gated with a long driveway, off-street parking, and an attached two-car garage. All of this sits on a palm-lined street with access to major South LA corridors, shopping, and transit. The property can be held for steady cash flow, improved over time to increase rents, or occupied by an owner-user who wants to live on-site while collecting rental and commercial income. Mixed-use properties with this flexibility are hard to find in the 90062 area!
Location
State CA
County Los Angeles
Zoning Public Rec
Direction S. Western Ave. & Slauson Ave.
Interior
Fireplace No
Exterior
View Y/N No
Building
Story 2
Level or Stories 2
Others
Senior Community No
Tax ID 5005017026
Listed by Jessica Altinoglu, DRE#02159983 Luxury Collective
Co-listed byAnalia Bortolo • Luxury Collective
Co-listed byAnalia Bortolo • Luxury Collective
NEARBY SCHOOL & BUSINESS
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