36-Unit Apartment
For Sale
$5,050,000
1825 N Gramercy Place Los, Los Angeles, CA 90028
Multifamily property with studios, one-bedroom units, subterranean parking, laundry facilities, and on-site management.
Property Size29,085 SF
Price / SF$173.63
Days on Market172
Property Features for 1825 N Gramercy Place Los
General Information
Standard status
Active
Size
29,085 SF
Property subtype
Apartment
Units
Unit Mix
9 x studio, 27 x 1BR/1BA
Multifamily Units
36
Additional Details
Cap Rate
5.8%
Amenities
assigned parking
community laundry facilities
on-site manager
Building Details
Year Built
1968
Buildings
1
Stories
3
Listing Agency:
Compass
(323) 236-6450
Listed By:
Tamas Batyi · License #02053534
(323) 236-6450
Source:
Kw
Added: Mar 13
Changed: Aug 31
Last Checked: Aug 31 at 1:37AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Compass
Investment Insights
Based on property information with market context.
This 36-unit apartment building contains 9 studio apartments and 27 one-bedroom, one-bath apartments within approximately 29,085 square feet of living space. Built in 1968, the property includes assigned parking in a subterranean garage, community laundry facilities, individually metered gas and electric utilities, and an on-site manager. Recent capital improvements have addressed portions of the property’s physical condition.
The building is located minutes from Hollywood and Griffith Park, with access to entertainment corridors, restaurants, theaters, hiking trails, and cultural landmarks. The property currently reflects a 5.8% cap rate and approximately 33% rental upside, with a projected cap rate of up to 10.8% if rents reach market levels.
The building is located minutes from Hollywood and Griffith Park, with access to entertainment corridors, restaurants, theaters, hiking trails, and cultural landmarks. The property currently reflects a 5.8% cap rate and approximately 33% rental upside, with a projected cap rate of up to 10.8% if rents reach market levels.
Key Highlights
- 36 units: 9 studios and 27 one‑bedroom, one‑bath apartments
- Approximately 29,085 square feet of living space
- 5.8% current cap rate with approximately 33% rental upside
Property Analytics
Property Profile
Current Use
Lease Details
36
Residential units
Location Intelligence
Trade Area within ½ mile
2,643
Businesses Nearby
Explore this area
Business Placement
Demographics for 90028, CA
32,330
Population
22,344
Households
1.4
Avg Household Size
36
Median Age
49%
College-Educated
90%
High-School Grad
1.5 sq mi
ZIP Area
21,553
Density / Sq Mi
$59,393
Median Household Income
$45,325
Median Earnings
$1,839
Median Rent
$970,800
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Multifamily property with studios, one-bedroom units, subterranean parking, laundry facilities, and on-site management.
Where is this apartment building located?
The property is located at 1825 N Gramercy Place Los Los Angeles, CA.
What is the asking price?
The asking price for this property is $5,050,000.
What are key features of this property?
This property features: 36 units: 9 studios and 27 one‑bedroom, one‑bath apartments; Approximately 29,085 square feet of living space; 5.8% current cap rate with approximately 33% rental upside
