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!
This property is $1.9M more than the Median Sold Price and $35/SqFt less than other homes in Los Angeles, CA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: CRMLS
MLS Number: #24438921
Listing Office:
Office Name: Dream Realty & Investments Inc
Office Phone: (213) 380-8949
Listing Agent: Jeremy Kim
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 11/18/2024, 10:20:52 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Listing History
DATE
EVENT
PRICE
Sep 06, 2018
Sep 06, 2018Home Sold
$885,000
Tax History
YEAR
PROP. TAX
ASSESSMENT
2021
$11,845
$979,037
2020
$777
$969,000
2019
$1,890
$885,000
2018
$1,853
$146,664
2017
$1,853
$143,789
History based on county public records data.
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NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
5
/10
Van Ness Avenue Elementary
501 N Van Ness Ave
Distance between this listing and this school0.23 miles
Public District Grades KG-5
7
/10
Santa Monica Boulevard Community Charter
1022 N Van Ness Ave
Distance between this listing and this school0.54 miles
Public Charter Grades KG-6
5
/10
Harvard Elementary
330 N Harvard Blvd
Distance between this listing and this school0.58 miles
Public District Grades KG-5
Nearby Schools
4
/10
Joseph Le Conte Middle School
1316 N Bronson Ave
Distance between this listing and this school0.93 miles
Public District Grades 6-8
5
/10
Virgil Middle School
152 N Vermont Ave
Distance between this listing and this school1.33 miles
Public District Grades 6-8
4
/10
Bancroft Middle School
929 N Las Palmas Ave
Distance between this listing and this school1.45 miles
Public District Grades 6-8
Nearby Schools
2
/10
Richard A. Alonzo Community Day
5755 Fountain Ave
Distance between this listing and this school0.91 miles
Public District Grades 7-12
2
/10
Helen Bernstein High School
1309 N Wilton Pl
Distance between this listing and this school0.96 miles
Public District Grades 9-12
7
/10
STEM Academy of Hollywood
1309 N Wilton Pl
Distance between this listing and this school0.96 miles
The neighbors living near this home have an average income of $41,328. The majority of Los Angeles, CA residents have income between $35k-100k annually. Most families are single, no kids. Residents of this area typically have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 610 N Gramercy Pl
What is the listing price of this property?
The listing price of 610 N Gramercy Pl property is $3,020,000.
What type of property is this?
The property 610 N Gramercy Pl is a house located in Los Angeles, California, 90004.
Is this property for sale now?
Active Listing: 610 N Gramercy Pl is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2021 is $11,845 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on September 6, 2018 for $885,000. (source: MLS/tax record).
How many bedrooms and bathrooms does this property have?
The property at 610 N Gramercy Pl has 11 bedrooms and 15 bathrooms.
What is the square footage of this property?
The property 610 N Gramercy Pl is 4,984 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 610 N Gramercy Pl is 2022.
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This home is located at 610 N Gramercy Pl in Los Angeles, CA and zip code 90004 in the Central LA neighborhood. This 4,984 square foot home, which was built in 2022, sits on a 0.12 acre lot. Features: 11 bedrooms, 15 bathrooms. It has been listed on Rocket Homes since September 12, 2024 and is currently priced at $3,020,000.
Over 598 listings were sold over their listed price in October 2024 in Los Angeles, CA. In the same period over 753 listings were sold below the listed price and 191 listings were sold for the listed price. The number of listings in Los Angeles, CA increased by 11.2% between September 2024 and October 2024. In October 2024, listings were on the market for 38 days. During the same period, the median list price in this real estate market was $1,023,474.
From Rocket Homes Real Estate and based on county public records data.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. 
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