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5700 S Gramercy Pl, Los Angeles, CA, 90062
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5700 S Gramercy Pl Los Angeles, CA, 90062

$849,000 $50,000 Home for sale 4 beds 2,538 sqft

Motivated Seller! With the combination of affordability and functionality, this Triplex consists of three stand-alone cottages, 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, currently vacant - Set your own rent with tenants paying all utilities! 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. 18 GRM and 4 Cap. Located within the California State Opportunity Zone for the ideal investment. Buyer to do own investigations.
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Property details

2,538 sqft interior area
Property type
Home
Interior area
2,538 sqft
View
None
Land area
6,534 sqft (0.15 acres)
Price per sqft
$334/sqft
Days on Verhouse
110
Address
5700 S Gramercy Pl, Los Angeles, CA, 90062
City of California
Los Angeles
County
Los Angeles
Previous price
$899,000
Year Built
1926
District
Listing

Open Houses

No upcoming open houses

Interior Features

Laminate, Tile, Carpet floors
Beds
4
Floors
Laminate, Tile, Carpet
Garage & Parking
Other
Laundry Features
Other
Heathing & Cooling
Wall/Window Unit(s), Wall Furnace

Listed by

Taylor Light, Coldwell Banker Realty
Name
Taylor Light
License number
02084441
Brokerage company
Coldwell Banker Realty
MLS #
CL23306463

Payment calculator

Calculate your monthly payments
Mortgage
$2,607
Taxes
$0
HOA dues
$0
$2,607 per month
Mortgage
$169,800 / 20%
2.28%
30 years
Your amount $2,607 / month

Exterior Features

Yard
Dock, Other

Lot details

TMK #5005018015
Parcel nr.
5005018015

90062 info

Essentials nearby
Neighborhood stats
Walkability
Coffee shops
no data
Bus stop
no data
Supermarket
no data
Costco
no data
Hospital
no data
Park
no data
Beach
no data
Elementary school
no data
Middle school
no data
High school
no data
Local airport
no data

People living in 90062

45%
Families with children
National average: 39%
35%
Non family households
727,316
Population
$63,788
Average Income

Age & gender

Median age 36 years
More info

Commute types

81% commute by car
More info

Education level

29% have not graduated education
More info

Number of employees

1% work in construction
More info

Vehicles available

35% have 1 vehicle
More info

Vehicles by gender

35% have 1 vehicle
More info

Housing market insights for

$876.76k
Neighborhood average
sales price*
$755k
Neighborhood median
sales price*
621
Number
of sales*

Housing type

47% are single detacheds
More info

Rooms

43% of the houses have 4 or 5 rooms
More info

Bedrooms

62% have 2 or 3 bedrooms
More info

Owners vs Renters

61% are renters
More info
16.5 / 20
Most Walkable
15-20
10-15
5-10
1-5
Walkability according to the National Walkability Index

Price history

Price Decrease Feb 13, 2024
Date Event Price $/sqft Source
Feb 13, 2024 Price Decrease $849,000 -5.56% 334.52 MLS #CL23306463
Jan 13, 2024 New Listing $899,000 354.22 MLS #CL23306463

Taxes of 5700 S Gramercy Pl, Los Angeles, CA, 90062

LAR2 zoning / MLS #CL23306463
Zoning
LAR2

Agent viewpoints of 5700 S Gramercy Pl, Los Angeles, CA, 90062

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Frequently Asked Questions about 5700 S Gramercy Pl

What is 5700 S Gramercy Pl?

5700 S Gramercy Pl, Los Angeles, CA, 90062 is a single family home located in the city of Los Angeles, California with zipcode 90062. This single family home has 4 bedrooms with an interior area of 2,538 sqft.

Which year was this home built?

This home was build in 1926.

What is the full address of this Home?

5700 S Gramercy Pl, Los Angeles, CA, 90062.

Are grocery stores nearby?

The closest grocery stores are Food 4 Less, 0.27 miles away and Right Choice Caribbean Market, 1.68 miles away.

What is the neighborhood like?

The 90062 zip area has a population of 727,316, and 45% of the families have children. The median age is 36.04 years and 81% commute by car. The most popular housing type is "single detached" and 61% is renter.

Based on information from the bridgeMLS as of 05-01-2024. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Listing last updated on: Apr 06, 2024
Verhouse Last checked 3 minutes ago

5700 S Gramercy Pl, Los Angeles, CA, 90062 is a single family home located in the city of Los Angeles, California with zipcode 90062. This single family home has 4 bedrooms with an interior area of 2,538 sqft on a 6,386 sqft sqft lot. This house was build in 1926.
The closest grocery stores are Food 4 Less, 0.27 miles away and Right Choice Caribbean Market, 1.68 miles away.
The 90062 zip area has a population of 727,316, and 45% of the families have children. The median age is 36.04 years and 81% commute by car. The most popular housing type is "single detached" and 61% is renter.

*Neighborhood & street median sales price are calculated over sold properties over the last 6 months.

Home For sale $849k  $50,000 5700 S Gramercy Pl, Los Angeles, CA, 90062 4 beds / 2,538 sqft Save House Remove from Saved