1829 S Gramercy Place, Los Angeles, CA 90019

$1,675,000 Asking Price

6 beds
2 baths
3,647  sqft
Built in 1908

Large Home for Sale in West Adams/ Mid Town Area very close to but not Governed by " Historical Society" Perfect for Group Home or Sober Living facility or anything similar. There a total of 9 Legal Bedrooms and 3 Bathrooms as the home has been approved for a Duplex with one small condition that the inside stairs be "blocked off" . In addition the Zoning has been upgraded to R-3 as Potential Buyers can easily Add an 2 ADU'S in the rear due to the large size of the LOT. Currently Owner rents out each room with Monthly Income being $10,000 a Month. This income would transfer with the sale .


Features & Amenities

Interior

General:
Ceiling Fan(s)
Laundry:
In Kitchen
Flooring:
Laminate
A/C:
true, Central Air
Heating:
true, Central
Fireplace:
Living Room, Fireplace

Exterior

General:
None
Style:
Craftsman
Pool:
None
Parking:
Driveway, Parking spaces: 0

Construction

Roofing:
Composition,Shingle
General:
0

Location

Originating MLS:
CRMLS
County:
Los Angeles

Lot

Zoning:
LAR3, 5073018015
View:
None

Financial

Source:
CRMLS

This listing courtesy of:
Watkins Realty & Investments, Martin Watkins

About Los Angeles, CA

Housing

Number of Units
906,276
Median Home Value
$764,749
Median Rent
$1,399

71.58% of housing units are renter occupied.

6.82% are vacant.

Commute

Car
56.67%
Public Transportation
8.41%
Walk to Work
3.27%
Work from Home
29.71%
Other
1.00%

The median travel time to work is 25 minutes.

People

Population
2,373,885
Median Age
35.80
Median Household Size
2.78

Education

High School
18.57%
Associate’s Degree
5.55%
Bachelor’s Degree
22.72%
Graduate Degree
12.23%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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