941 S Gramercy Place, Los Angeles, CA 90019

• 7,360 sqft

Property Description

Income Investment property for sale in Prime Korea Town area. Thiis building has 12 well maintained multifamily units fully occupied and is located close to restaurants, shopping centers, markets, and schools in the Koreatown submarket area. These three-story apartments building with the parking lot on the first level consists of twelve (12) large 0ne-bedroom and one-bathroom units and one parking assigned for each unit. Most units are upgraded with new laminate wood floors. kitchen area. There are 14 parking spaces and a bonus room on the ground floor which can be used for storage, office, etc. For additional reference this investment is situated just South of 8th Street and West of Western Avenue near to Olympic Blvd. This location provides tenants easy access to surrounding areas including Larchmont Village, Country Club Park, Miracle Mile, Hollywood, Downtown, Chinatown. In addition to this, the property is conveniently located near the 110, 101, and 10 Freeways. Property to be sold in "As-Is" in present condition. Buyer responsible in verifying all property details. Sellers are very motivated to make a deal, please do not disturbed tenants and subject to interior inspection upon an acceptance offer. Financial information and property details available upon request.

Listing Status:

Active

Date Added:

January 30, 2026

Data Last Updated:

February 8, 2026 at 12:16AM

Listing Office:

GEORGE MICHAEL REALTY : 323-728-2111

Listing Agent:

ALFREDO GUERRA : 626-476-1501

MLS ID:

MB26022652

Interior

• Laundry: In GarageLaundry Room

Exterior

• Pool: None
• Parking: AssignedDirect AccessGarageOn SiteGarage Faces SideParking spaces: 14

Construction

• General: 2

Location

• HOA Amenities: 0.0
• Originating MLS: CRMLS_CRM
• County: Los Angeles

Lot

• Zoning: 5081025007

Utilities

• Water: Public
• Sewer: Public Sewer

Financial

• Source: CRMLS_CRM