453 S Gramercy Pl , Los Angeles, CA 90020
$3,800,000
Est. Payment: $19,121.00/mo
1 Bed
14 Bath
8594 Sqft
Status: active | Days on site: 54
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House Description

LOCATION! LOCATION! LOCATION! Outstanding income property in the highly desirable Hancock Park neighborhood minutes to Larchmont Village, DTLA, Beverly Hills, Hollywood, and premier shopping, dining, and entertainment. Nestled in a quiet, proximate area with an excellent resident's score, this property offers unbeatable convenience for tenants and strong appeal for investors. The property features 8 large studios and 6 spacious 1 bed / 1 bath units, built in 1966 with earthquake retrofit completed and full renovation in 2017. Units are bright and modern with hardwood flooring, recessed lighting, large windows for abundant natural light, oversized kitchens, ample closet space, and in many cases, separate vanity areas. One-bedroom units offer generously sized living rooms and bedrooms uncommon for this type of property. All units are separately metered for gas and electricity. Community amenities include controlled-access entry, on-site laundry, and 14 tuck-under parking spaces with storage. Located within a proximate distance to Metro, H Mart, CVS, and an array of restaurants and shopping centers. Easy access to 101 & 10 FWYs, Staples Center, USC, and Koreatown. Investment highlights: Prime central location, strong rental demand, updated building systems, and a turnkey condition make this an exceptional addition to any portfolio. The property includes two parcels: APN# 5504-025-021 & 5504-025-024.

Highlights

Listed by Thomas Yong Kim , 213-222-7574 Apple Tree Realty , 213-465-4858. CRMLS/Multi-Regional MLS mls logo

Property Type

Multi-Family

Lot/Acreage
0.18

Year Built

1966

County

Los Angeles

Area

C18 - Hancock Park-Wilshire

Listing ID

26640199

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:1
  • Bathrooms:14
  • Full Bathrooms:0
Appliances:Oven, Refrigerator
Other:Ceiling Fan(s)

Exterior Features

Lot:No Land Lease
Garage Capacity:13
Zoning:LAR4
Roof:Bitumen
Others:Stucco,2+ Total Units
Sewer:Other
Parking Features:Covered,Gated
Principal Interest
$19,121
Taxes
$2,423

Home Price

$3,800,000

Loan Details

30 yrs
6.453%

Down Payment

20%
$760,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$19,121.00

Principal

Taxes

Principal Taxes HOA Total
Monthly $19,121.00 $2,422.50 $0.00 $21,543.50
Yearly $229,451.99 $29,070.00 $0.00 $258,521.99
Total $6,883,559.73 $872,100.00 $0.00 $7,755,659.73

Today's Rates

30 Year

6.45%

20 Year

6.33%

15 Year

5.88%

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Market insight data is pulled from the same city as the listing being viewed (Los Angeles, CA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Based on information from California Regional Multiple Listing Service, Inc. 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. All properties are subject to prior sale, change or withdrawal.

IDX service by Blueroof 360

Data last updated: 2026-08-08T16:34:18.000Z

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