932 S Gramercy Place, Los Angeles, CA 90019

• 4,800 sqft

Property Description

Rare investment opportunity in the highly desirable western section of Koreatown. Situated on a 7,500 SF R3-zoned lot within a TOC Tier 3 area, this well-maintained five-unit apartment building offers stable rental income with strong long-term upside. Approximately 4,800 SF property features five spacious 2-bedroom, 2-bathroom units, a unit mix that continues to be in high demand among renters. The property is occupied by reliable tenants with a strong payment history, providing consistent cash flow for investors. Located on a quiet residential street just west of the heart of Koreatown, the property enjoys close proximity to Hancock Park, Mid-Wilshire, Larchmont Village, Downtown Los Angeles, restaurants, shopping, Metro stations, and major freeways. This central location continues to attract strong tenant demand and offers long-term investment stability. Whether you're looking for a stable income property, a long-term hold, or a future development opportunity, 932 S. Gramercy Place offers the flexibility and potential that investors seek in one of Los Angeles' strongest rental markets.

Listing Status:

Active

Date Added:

July 28, 2026

Data Last Updated:

July 29, 2026 at 5:06PM

Listing Office:

Seeders Real Estate : 661-675-6000

Listing Agent:

Mia Shin : 213-703-6486

MLS ID:

CL26865385

Interior

• Heating: Forced Air

Exterior

• Parking: Assigned

Location

• County: Los Angeles

Lot

• Zoning: LAR35092023023