114 S Gramercy Place is a 33-unit apartment building in the Hancock Park neighborhood of Los Angeles, CA. Built in 1965, the three-story building is comprised of seven studios, seventeen one-bedroom, one-bathroom, and nine two-bedroom, two-bathroom units. The property features secure entry, a community pool, tanning deck, garage parking, and an on-site laundry facility for an investor to capitalize on additional income. Situated south of Beverly Boulevard and west of Western Avenue this location is in Hancock Park, Koreatown, and Hollywood. This location offers tenants a variety of nearby shopping, dining, retail, and entertainment that lines Western Avenue and the surrounding area. Additionally, the property is 0.8 miles from the Wilshire / Western Metro Station Purple Line and walking distance to multiple bus stops. The property is also conveniently located in proximity to the 101 Freeway providing easy access to other neighborhoods in Los Angeles.