453 S Gramercy Place, Los Angeles, CA 90020

• 8,594 sqft

Property Description

LOCATION! LOCATION! LOCATION! Outstanding income property in the highly desirable Hancock Park neighborhood minutes to Larchmont Village, DTLA, Beverly Hills, Hollywood, and premier shopping, dining, and entertainment. Nestled in a quiet, walkable area with an excellent walk score, this property offers unbeatable convenience for tenants and strong appeal for investors. The property features 8 large studios and 6 spacious 1 bed / 1 bath units, built in 1966 with earthquake retrofit completed and full renovation in 2017. Units are bright and modern with hardwood flooring, recessed lighting, large windows for abundant natural light, oversized kitchens, ample closet space, and in many cases, separate vanity areas. One-bedroom units offer generously sized living rooms and bedrooms uncommon for this type of property. All units are separately metered for gas and electricity. Community amenities include controlled-access entry, on-site laundry, and 14 tuck-under parking spaces with storage. Located within walking distance to Metro, H Mart, CVS, and an array of restaurants and shopping centers. Easy access to 101 & 10 FWYs, Staples Center, USC, and Koreatown. Investment highlights: Prime central location, strong rental demand, updated building systems, and a turnkey condition make this an

Listing Status:

Active

Date Added:

August 1, 2025 at 05:00AM

Listing Office:

Apple Tree Realty : 213-465-4858

Listing Agent:

Thomas Yong Kim : 213-222-7574

MLS ID:

CL25578611

Location

• County: Los Angeles

Lot

• Zoning: LAR45504025021

This listing courtesy of Thomas Yong Kim, Apple Tree Realty