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Listing ID 19452192
Price$4,500,000
SqFt 15,738
Acres 0.184
Status Pending
County Los Angeles
Year Built 1929
Property Type Rental Income
$286 Per Sq. Ft. Non-Rent Controlled Hancock Park Apartments. Villa Gramercy located at 341 South Gramercy is a 12-unit apartment building that is exempt from the city of Los Angeles rent stabilization ordinance, commonly referred to as rent control. The three-story structure contains all two-bedroom\ apartments of approximately 1,000 square feet each. Each unit is situated on a corner as there are four units per floor. The 1920's-built property contains a basement with a storage room that is leased. All units are individually metered for gas and electricity. The property is constructed of reinforced brick and serviced by two-staircases and center hallways. The property features a beautiful backyard and patio with seating and lush landscaping. Units have original features such as wood floors, built in cabinetry, dishwashers, coved ceilings, light sconces, ceiling fans, arched doorways, abundant windows,and other hand-crafted features reminiscent of the 1920's.
Listing courtesy of Brent Sprenkle (01290116) from Berkadia.
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Contact - Listing ID 19452192

Brett Lawyer

250 N Canon Drive
Beverly Hills, CA 90210
Phone: 3108585402

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