210 S Commonwealth AVE, Los Angeles, CA 90004
210 S Commonwealth AVE, Los Angeles, CA 90004
210 S Commonwealth AVE, Los Angeles, CA 90004
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Shawn Kormondy

Shawn Kormondy

+1(323) 638-7567
$3,590,000
Est. payment /mo
24 Beds
14 Baths
10,884 SqFt
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UPDATED:

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 10,884 sqft

Price per Sqft $329

MLS Listing ID 26655689

Bedrooms 24

HOA Y/N No

Year Built 1980

Lot Size 7,487 Sqft

Property Description

210 S Commonwealth Ave & 941 S Gramercy PL, Los Angeles, To Be Sold Combined, Total $6,285,000! Location! Priced to Sell! Corner Lot! UNBEATABLE GRM 11.55!! Low Expenses & Easy Maintenance! This 14-unit apartment building is offered only in combination with 941 S Gramercy. Conveniently located close to Hollywood, Downtown LA, Larchmont, with access to the 110, 101, and 10 Fwy. Built in 1980, the property features ten (10) 2-bedroom, 1-bathroom units and four (4) 1-bedroom, 1-bathroom units. Most units have been upgraded and are in excellent condition. The building includes twenty (20) on-site gated parking spaces and an on-site laundry facility, with low operating expenses and easy maintenance. Rents are currently below market, offering strong upside potential. Current gross rental income: $25,900/month ($310,800 annually). Excellent long-term investment with stable cash flow and future growth potential. Sellers motivated.

Location

State CA

County Los Angeles

Area C17 - Mid-Wilshire

Zoning LAR3

Interior

Heating Forced Air

Fireplace No

Exterior

Parking Features Assigned, Gated

Total Parking Spaces 20

Building

Entry Level Two

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 5501019025

Special Listing Condition Standard

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Listed by Ki Seon Im Ivy Realty Co. #01860439

NEARBY SCHOOL & BUSINESS

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Shawn Kormondy

Shawn Kormondy

+1(323) 638-7567

Agent | License ID: 01451888

Agent License ID: 01451888

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