RARE 2-UNIT OPPORTUNITY BY PRIME LARCHMONT VILLAGE!

111 N. Gramercy Place, Los Angeles, CA 90004

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OPEN HOUSE

Sunday, May 12, 02:00-05:00pm

RARE 2-UNIT OPPORTUNITY BY PRIME LARCHMONT VILLAGE!

4 Beds      3 Baths      1,965 SF      6,626 SF Lot      $1,225,000    SOLD

111 N. Gramercy Place, Los Angeles, CA 90004

2 Vacant Units (Single Family 1485 sq. ft. 3BR Home in front + Permitted 480 sq. ft. 1BR House in Rear). Both houses have been remodeled to move-in condition, and will be delivered 100% vacant. On a quiet residential street with many single family homes and centrally located between Larchmont Village and Koreatown.

The main home is a Traditional-Style 3BR, 2BA floor plan that could make a great primary residence or generate $3500+ a month in rent. Rear house is a 1BR, 1BA + Loft that could rent for $2500 a month.

Both units have remodeled kitchens with Quartz countertops, newer shaker style cabinets, and stainless steel appliances.  Other highlights include: New Floors, New drywall, Central AC, LED Recessed Lights, and Remodeled Bathrooms.

Property has plenty of outdoor space and common backyard. 2 Car Garage on site with remote too!

A fantastic opportunity to acquire a cash flowing property in easy to rent and trendy location with historically low inventory. Larchmont Village is uber-popular and will always be in demand. A short stroll to everything! Come see and submit offer on this soon!

TOP 10 FEATURES

  • 2 Houses on a Lot
  • Listed for $1,200,000
  • Lot Size: 6,626 sq. ft.
  • Main Home: 3BR, 2BA, 1485 sq. ft.
  • Rear House: 1BR, 1BA with loft. 480 sq. ft.
  • Traditional Style with many upgrades
  • Remodeled Kitchens and Bathrooms
  • Central AC
  • Pro-forma rents are $6000/month
  • Near Larchmont Village and Koreatown

agent-photo

Jerry & Rachel Hsieh

REALTOR®, REALTOR-OWNER
Lic#01701809/01913428

Office: 424.242.8856
Cell: 310.228.8856

jerryandrachelteam@​gmail.com
www.JerryandRachel.com | My Bio

broker-logo
1660 Hillhurst Ave
Los Angeles, CA 90027

agent-photo

Bryan Marks

Associate Listing Agent
Lic#01957066

310.913.6557

bmarks@​kw.com
My Bio

broker-logo
1660 Hillhurst Ave
Los Angeles, CA 90027

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DISCLAIMER: The Jerry and Rachel Hsieh Real Estate Team, Keller Williams Realty - Los Feliz, Jerry Hsieh, CalBRE No. 01701809.