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  • 941 S Gramercy Place

941 S Gramercy Place, Los Angeles, CA 90019

$2,695,000 Approx. USD 12 beds, 12 baths
7,360 sqft
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St. James + Canter

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Cristie St. James REALTOR® - Broker Associate 310-291-1029 m
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Lic#: 00949711
NRDS ID: 175502141
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Lic#: 00949711
NRDS ID: 175502141
cristie@stjamescanter.com Beverly Hills Office
131 South Rodeo Drive, Ste. 100
Beverly Hills, CA 90212
Phone: 310-777-7800
Fax: 310-858-1295
 Beverly Hills 131 South Rodeo Drive, Ste. 100
Beverly Hills, CA 90212
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Ki Seon Im | ym6077@gmail.com
Lic#: 01860439
Broker: Courtesy of Ivy Realty Co.
Phone: 213-505-6345

Agent Remarks

941 S Gramercy Pl & 210 S Commonwealth Ave, Los Angeles To Be Sold Combined, Total $6,285,000! Location! Priced to Sell! Corner Lot! GRM 12.33! Low Expenses & Separately Metered Gas & Electricity! Seller Motivated! Rare opportunity to acquire two well-maintained apartment buildings in prime Los Angeles. Conveniently located just south of 8th Street and west of Western Avenue near Olympic Boulevard, with easy access to Larchmont Village, Country Club Park, Miracle Mile, Hollywood, and Downtown LA.941 S Gramercy Pl features twelve (12) spacious 1-bedroom, 1-bathroom units with upgraded laminate wood flooring and fourteen (14) on-site parking spaces. Low operating expenses and separate gas and electric meters provide efficient ownership. This property generate $17,906/month ($214,872/year) in gross rental income, offering stable cash flow with strong upside potential. Ideal investment for long-term appreciation in a high-demand rental market.

Listing Details

Property type: (Multi-Family)
Status: Active
MLS# 26655597
Price: $2,695,000
Beds: 12
Baths: 12
Built in 1964
7,360 sqft
0.16 acres
Lot size: 0.1577
County: Los Angeles
Zoning: LAR3
Parking description: Assigned
Heating description: Forced Air
MLS area: C18 - Hancock Park-Wilshire

Last Updated: 6/11/2026

 Days On Market (DOM): 115

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This listing belongs to the C18 - Hancock Park-Wilshire MLS area

Lat/Long: 34.054279, -118.313506.
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DISCLAIMER: There is NO WARRANTY, expressed or implied, for the accuracy of this information or its applicability to your financial situation. Please consult your financial and/or tax advisor. GET PRE-APPROVED The loan's interest rate will depend upon the specific characteristics of the loan transaction and credit profile up to the time of closing.

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