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1836 N Gramercy Pl Los Angeles, CA 90028

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For Sale
$7,725,000

28-unit multifamily property with significant renovations and income upside.

Type:Multifamily
Added:
Apr 3, 2026
Days on Market:
20
Last Refresh:
Apr 3 at 4:55 am

Property Features for 1836 N Gramercy Pl

General Information

Standard status
Active
Property subtype
Multifamily

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Listing Contact
Gregory S. Harris

Listing agent Gregory S. Harris License #CA: 01186953

Listing office South Bay Office

Listing date Apr 3, 2026

Source Marcusmillichap

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 South Bay Office


Overview

Renovated Multifamily Community in Hollywood

The property, constructed in 1964, is a 28-unit multifamily community located in the Hollywood submarket of Los Angeles. It has undergone substantial renovations, with a prior owner investing an estimated $500,000+ in total upgrades and the current ownership group adding $467,000 in additional capital improvements. Many of the property’s mechanical systems and building improvements have been addressed. Twenty-three of the 28 unit interiors, representing 82% of the units, have been extensively renovated. These renovations include new cabinetry, new appliances, upgraded flooring, quartz countertops, tile backsplash, new dual-pane windows, modern LED lighting fixtures, upgraded plumbing fixtures, and in-unit washers and dryers. There is an opportunity to renovate the remaining 5 units, representing 18% of the units, and potentially increase rental income.
Location Intelligence

Current Use by Public Records

Ad Ops Guys Marketing & Advertising Gracie on Gramercy Apartment Building

Suggested Use

Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Grocery & Convenience Store Skin Care Clinic

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

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  • Local Demand
City
Los Angeles
County
Los Angeles
State
California
Longitude
-118.31211
Latitude
34.10435

FAQs

What type of property is this?
Apartment building - 28-unit multifamily property with significant renovations and income upside.
Where is this apartment building located?
The property is located at 1836 N Gramercy Pl Los Angeles, CA.
What is the asking price?
The asking price for this property is $7,725,000.
What are key features of this property?
This property features: Substantially renovated property with over $967K in total upgrades.; 82% of unit interiors are extensively renovated with modern finishes and in‑unit washers and dryers.; Opportunity to renovate the remaining 5 units and capture 11%+ upside in rental income.
More about this property
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