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 courtesy of Ki Seon Im of Ivy Realty Co.

Based on information from the The MLS as of 2026-02-25 01:11 PM UTC. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.