$859,000

5700 S Gramercy Place, Los Angeles, CA 90062

  • 4 beds
  • 2,538 sqft
  • Property Icon other
  • Property Year Built Icon Built in 1926
  • Property Lot Size Icon6,534sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $338/sqft
  • Property List Date Icon Listed 1 day ago

Property Description

Motivated Seller! With the combination of affordability and functionality, this Triplex consists of three stand-alone cottages on a corner lot, making it a unique real estate opportunity in the heart of a burgeoning neighborhood. Nestled in a community on the rise, these units are perfect for those seeking an accessible entry into homeownership or for investors looking to tap into this potential. There are no common walls and each unit is individually metered for gas, electricity, AND water. Each unit offers outdoor patios, private yard space, and In-Unit Washer/Dryer hookups. Three Single Car Garages with automatic doors. The Front unit is an Upgraded 2 Bd / 1 Ba house, which is currently occupied by one Section 8 tenant. The remaining two units are both 1 Bd, 1 Ba - Tenant Occupied (One Section 8 unit paying $1,081 total for Guaranteed Rent!). Priced right, this is an excellent investment opportunity. Buyer to do own investigations. ADU Potential!

Listing Status:
Active
Date Added:
April 13, 2026
Data Last Updated:
April 15, 2026 at 12:09AM
Listing Office:
Coldwell Banker Realty :
Listing Agent:
Taylor Light : 310-963-6768
MLS ID:
CL25607637
  • Laundry: Other
  • Flooring: LaminateTileCarpet
  • A/C: Wall/Window Unit(s)
  • Heating: Wall Furnace
  • General: DockOther
  • Parking: OtherParking spaces: 3
  • County: Los Angeles
  • Zoning: LAR25005018015
  • View: None

This listing courtesy of Taylor Light , Coldwell Banker Realty

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

W

Western Avenue Elementary

1724 W 53rd St, Los Angeles, CA, 90062

Grades KG-5

0.42 miles away

B

Barack Obama Global Preparation Academy

1700 W 46th St, Los Angeles, CA, 90062

Grades 6-8

0.74 miles away

W

Whitney Young Continuation

3051 W 52nd St, Los Angeles, CA, 90043

Grades 9-12

0.78 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.

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