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12 Beds
12 Baths
7,360 sqft

$2,695,000

941 S Gramercy Place, Los Angeles CA, 90019

Price per sqft$366.17
Built in1964
Property size7,360 sqft
Property typeResidential
test courtesy

Overview

Active

Listed Feb 23, 2026

Updated Apr 10

941 S Gramercy Pl & 210 S Commonwealth Ave, Los Angeles To Be Sold Combined, Total $6,285,000! Location! Priced to Sell! Corner Lot! GRM 12.33! Low Expenses & Separately Metered Gas & Electricity! Seller Motivated! Rare opportunity to acquire two well-maintained apartment buildings in prime Los Angeles. Conveniently located just south of 8th Street and west of Western Avenue near Olympic Boulevard, with easy access to Larchmont Village, Country Club Park, Miracle Mile, Hollywood, and Downtown LA.941 S Gramercy Pl features twelve (12) spacious 1-bedroom, 1-bathroom units with upgraded laminate wood flooring and fourteen (14) on-site parking spaces. Low operating expenses and separate gas and electric meters provide efficient ownership. This property generate $17,906/month ($214,872/year) in gross rental income, offering stable cash flow with strong upside potential. Ideal investment for long-term appreciation in a high-demand rental market.

$17,930/mo

Est. mortgage payment based on a $2,695,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
26655597

Interior Features

Bedrooms
12
Bathrooms
12

Exterior Features

Lot Size
0.16 Acres

Other Property Details

55+/Senior Community
No
MLS provider logo

Broker Reciprocity Courtesy of Ivy Realty Co., Ki Seon Im

Riff Rifferson - Full Name

- Phone Number

[email protected] - Email

- Brokerage Name

500007054 - MLS License Number

 

Data last updated 6:22 AM UTC, 4/10/2026

 

Based on information from California Regional Multiple Listing Service, Inc. as of 4/10/2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing.  Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

 

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