$3,590,000

210 S Commonwealth Avenue, Los Angeles, CA 90004

10,884 sqft

other
Built in 1980
7,405sqft lot
—— car garage
$330/sqft
Listed 1 month ago

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:: April 2, 2026 at 6:06AM
Listing Office:: Ivy Realty Co. : 213-386-8888
Listing Agent:: Ki Seon Im : 213-505-6345
MLS ID:: CL26655689

Heating: Forced Air

Parking: AssignedOther

Originating MLS: CRMLS
County: Los Angeles

Zoning: LAR35501019025

Source: CRMLS

This listing courtesy of Ki Seon Im , Ivy Realty Co.

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Principal & Interest $
Property Taxes $
Home Insurance $
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Location

Schools Nearby

Commonwealth Avenue Elementary School

215 S Commonwealth Ave, Los Angeles, CA, 90004

Grades 1-5

0.06 miles away

Virgil Middle School

152 N Vermont Ave, Los Angeles, CA, 90004

Grades 6-8

0.43 miles away

Harold Mcalister High (Opportunity)

611 S Carondelet St, Los Angeles, CA, 90057

Grades 6-12

0.67 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.