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$2,750,000
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Property Description
Presenting a 2022 built FULLY LEASED 4-unit townhouse complex with an impressive 5.02% CAP RATE in a quiet and highly desirable part of Los Angeles! Located just minutes from Larchmont Village, Koreatown, and Melrose Hill, the property consists of 2 separate building on one lot. Three of the units have 3 bedrooms 3.5 bathrooms, and one unit is a 2 bedroom 2.5 bathroom unit, all fetching very high and competitive rents. All units have their own unique address and are separately metered for gas, water, and electricity. Each address also has their own trash/recycle bins paid directly from the tenant, minimizing expenses and making it easy to manage for any landlord. Each unit has their own tankless water heaters, recessed lighting, central AC/Heat, laundry machines, built-in microwave, refrigerators, and gas range stove/ovens. 8 parking spaces (including 3 private garage spaces) are available for tenants with the possibility to park 10 cars.This NON-RENT CONTROLLED property is easy to maintain property is a landlord's dream!
Full Property Details
Full Property Details for 610 N Gramercy Pl
General
- Sold For: $2,750,000
- Status: Closed
- Type: Multi-Family
- Source: CLAW
- MLS ID: 24-438921
- Added to Site: 492 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 15
Bedrooms
- Total Bedrooms: 11
Additional Information
- Pool Description: None
- Spa Description: None
- Other Features: None
Parking
- Garage Description: Assigned, Driveway, Garage - 1 Car, Controlled Entrance
Location
- Area: Hancock Park-Wilshire
- County: Los Angeles
- Driving Directions: East of Wilton Pl and South of Melrose Pl on Gramercy Pl
Heating & Cooling
- Cooling Type: Air Conditioning, Central
- Heating Type: Central
Structural Information
- # Buildings: 2
- Stories/Levels: 3
- Square Feet: 4,984
- Sq. Ft. Source: Builder
- Year Built: 2022
- Year Built Source: Builder
Unit Information
- Units in Complex: 4
- Unit Type: 2106, 2107, 2108, 2109
Unit 1
- Total Bathrooms: 4
- Bedrooms: 3
Unit 2
- Total Bathrooms: 4
- Bedrooms: 3
Unit 3
- Total Bathrooms: 4
- Bedrooms: 3
Unit 4
- Total Bathrooms: 3
- Bedrooms: 2
Additional Structures
- Other Structures: None
Lot Features
- Lot Size (Acres): 0.1245
- Lot Size: 5423
- Lot Size Source: Vendor Enhanced
- Lot Dimensions: 43 x 109
- Zoning: LAR3
Financial Considerations
- Price Per Sq. Ft.: $551.77
- Assessment Year: 2022
Disclosures and Reports
- Disclosures/Reports: As Is
- APN: 5522-008-031
Listed by Dream Realty & Investments Inc, Jeremy Kim
Sold by Dream Realty & Investments Inc, Kay Kyung Park
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Schools
Schools serving 610 N Gramercy Pl
School District:Los Angeles Unified School District
| Name | Grades | Distance |
|---|---|---|
Van Ness Avenue Elementary School 501 North Van Ness Avenue, Los Angeles, CA 90004 | K-5 | 0.2 mi |
Joseph Le Conte Middle School 1316 N. Bronson Ave., Los Angeles, CA 90028 | 6-8 | 0.9 mi |
Fairfax Senior High School 7850 Melrose Avenue, Los Angeles, CA 90046 | 9-12 | 2.7 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 610 N Gramercy Pl
Date
Details
Price
Change
Source
9/17/2025
Sold
$2,750,000
—
MLS
8/03/2025
Price Reduced
$2,750,000
-4.51%
MLS
4/02/2025
Price Reduced
$2,880,000
-4.64%
MLS
11/09/2024
Price Reduced
$3,020,000
-2.58%
MLS
9/12/2024
Listed
$3,100,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
610 N Gramercy Pl, Los Angeles, CA 90004 (MLS# 24-438921) is a Multi-Family property that was sold at $2,750,000 on September 17, 2025. Want to learn more about 610 N Gramercy Pl? Do you have questions about finding other Multi-Family real estate for sale in Hancock Park? You can browse all Hancock Park real estate or contact a Coldwell Banker agent to request more information.

