5747 S Gramercy PL, Los Angeles, CA 90062
5747 S Gramercy PL, Los Angeles, CA 90062
5747 S Gramercy PL, Los Angeles, CA 90062
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The Warburton Team Brokered By EXp

The Warburton Team Brokered By EXp

+1(626) 630-2141
$850,000
Est. payment /mo
4,281 Sqft Lot
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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID SR26220299

HOA Y/N No

Year Built 1950

Lot Size 4,281 Sqft

Property Sub-Type Duplex

Property Description

This three-unit property in South Los Angeles combines residential and commercial income on one lot! The unit mix includes two 3-bedroom, 1-bathroom residences and a studio currently operating as a beauty shop. The studio is permitted for commercial use, which diversifies income and can appeal to small-business tenants. The 3-bedroom units are a strong fit for long-term renters, and each unit has its own entrance. The lot is gated with a long driveway, off-street parking, and an attached two-car garage. All of this sits on a palm-lined street with access to major South LA corridors, shopping, and transit. The property can be held for steady cash flow, improved over time to increase rents, or occupied by an owner-user who wants to live on-site while collecting rental and commercial income. Mixed-use properties with this flexibility are hard to find in the 90062 area!

Location

State CA

County Los Angeles

Area C34 - Los Angeles Southwest

Interior

Fireplace No

Laundry See Remarks

Exterior

Pool None

Community Features Curbs, Street Lights, Sidewalks

Private Pool No

Building

Lot Description 2-5 Units/Acre, Front Yard

Story 2

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 5005017026

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Listing Terms Submit

Special Listing Condition Standard

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Listed by Jessica Altinoglu Luxury Collective 818-426-2465, DRE #02159983

NEARBY SCHOOL & BUSINESS

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