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Shawn Bengtson

Office Broker - DRE 01236964

  • Office 760-805-7199
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941 Gramercy Place, Los Angeles – $2,899,999

  • 1 Bed
  • 1 Bath
  • .16 Acres
  • 111 DOM
  • 1 Bed
  • 1 Bath
  • .16 Acres
  • 111 DOM

941 Gramercy Place

941 S GRAMERCY PL is a beautiful 12 unit residential income property located in Koreatown neighborhood of Los Angeles. The property features 12 spacious and beautiful 1 Bedroom 1 Bathroom units with 12 assigned parking. Centrally located and close to all amenities of the town this property has always been in high demand rental market. Current monthly gross rental income of $17,600 and $211,200 annually, provide a huge opportunity for rent increase and more profit for the new owner. More information and details are available upon request.

Essential Information

  • MLS® #GD25134258
  • Price$2,899,999
  • Bedrooms1
  • Bathrooms1.00
  • Acres0.16
  • Year Built1964
  • TypeResidential Income
  • Sub-TypeMixed Use
  • StatusActive

Community Information

  • Address941 Gramercy Place
  • AreaKREA - Koreatown
  • CityLos Angeles
  • CountyLos Angeles
  • Zip Code90019

Amenities

  • UtilitiesSewer Connected
  • Parking Spaces12
  • ParkingAssigned
  • # of Garages12
  • GaragesAssigned
  • PoolNone

Interior

  • HeatingCentral
  • # of Stories2
  • StoriesTwo

Exterior

  • Lot DescriptionZeroToOneUnitAcre

Additional Information

  • Date ListedJune 16th, 2025
  • Days on Market111
  • ZoningLAR3

Listing Details

  • AgentEduard Khachatryan
  • OfficeLuxury Homes International
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Price Change History for 941 Gramercy Place, Los Angeles, (MLS® #GD25134258)

Date Details Change
Price Reduced from $2,999,999 to $2,899,999 $100,000 (3.33%)

Eduard Khachatryan, Luxury Homes International.

Based on information from California Regional Multiple Listing Service, Inc. as of October 5th, 2025 at 10:30am PDT. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.