For Sale Duplex MLS# SR26220299

5747 S Gramercy Place

Los Angeles, CA 90062

$799,000

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About 5747 S Gramercy Place

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. 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!

Property details

Property

Type
Duplex
MLS type
Duplex
Status
Active
Year built
1950
Stories
2
Living area
1,529 sqft
Price / sqft
$523
Lot
0.0983
Original price
$850,000
MLS #
SR26220299

Exterior & lot

Features
Parking spaces: 0
Construction
2
Lot
5005017026

Schools

District
Los Angeles Unified School District

Utilities

Utilities
Public Sewer, Public
Water
Public
Sewer
Public Sewer

Financial

Parcel
5005017026
Special conditions
Standard

Location

Area
C34 - Los Angeles Southwest
County
Los Angeles
Neighborhood
Congress Central
Directions
S. Western Ave. & Slauson Ave.

Ask about this property

Questions on 5747 S Gramercy Place, Los Angeles, CA 90062, or want to see it in person?

Listed by Jessica Altinoglu, Luxury Collective

Listing information is provided by the participating MLS / IDX program and is deemed reliable but not guaranteed. All information should be independently verified. Equal Housing Opportunity.