210 S Commonwealth Avenue, Los Angeles, CA 90004

• 10,884 sqft

Property 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 Status:

Active

Date Added:

February 23, 2026

Data Last Updated:

May 20, 2026 at 11:09PM

Listing Office:

Ivy Realty Co. : 213-386-8888

Listing Agent:

Ki Seon Im : 213-505-6345

MLS ID:

CL26655689

Interior

• Heating: Forced Air

Exterior

• Parking: AssignedOther

Location

• Originating MLS: CRMLS
• County: Los Angeles

Lot

• Zoning: LAR35501019025

Financial

• Source: CRMLS