Beaux-Arts Multifamily Apartment
For Sale
$10,545,000
1848 N Gramercy Place, Los Angeles, CA 90028
48-unit Beaux-Arts apartment building built in 1929 with studios and one-bedroom units and an on-site courtyard.
Property Size34,320 SF
Days on Market322
Property Features for 1848 N Gramercy Place
General Information
Standard status
Active
Size
34,320 SF
Property subtype
COMMERCIAL
Additional Details
Highway Access
Yes
Multifamily Units
48
Amenities
on-site management
elevator
controlled access
security surveillance
landscaped courtyard
laundry facilities
Building Details
Building Size
34,320 SF
Year Built
1929
Construction
Beaux-Arts
Listing Agency:
Atlas Real Estate Corporation
Listed By:
Brett Daniels · License #01230746
(818) 538-9989
Source:
Archetyperealty
Added: Oct 20, 2025
Changed: Sep 4
Last Checked: Aug 15 at 5:42AM
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 Atlas Real Estate Corporation
Investment Insights
Based on property information with market context.
This Beaux-Arts style apartment building was built in 1929 and contains 48 units, with a mix of studios and one-bedroom residences. The property includes an on-site management presence, an elevator, controlled access, security surveillance, a landscaped courtyard, and laundry facilities.
The building is located near the Hollywood Freeway, providing convenient access to surrounding destinations.
The existing unit mix supports a range of residential use cases, and the property also provides a value-add direction centered on updating legacy unit interiors and common areas.
The building is located near the Hollywood Freeway, providing convenient access to surrounding destinations.
The existing unit mix supports a range of residential use cases, and the property also provides a value-add direction centered on updating legacy unit interiors and common areas.
Key Highlights
- 48‑unit Beaux‑Arts apartment building built in 1929
- Unit mix of studios and one‑bedroom apartments
- Average unit size of approximately 500 SF
Property Analytics
Property Profile
Current Use
Lease Details
48
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
2,123
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
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Frequently Asked Questions
What type of property is this?
Apartment building - 48-unit Beaux-Arts apartment building built in 1929 with studios and one-bedroom units and an on-site courtyard.
Where is this apartment building located?
The property is located at 1848 N Gramercy Place Los Angeles, CA.
What is the asking price?
The asking price for this property is $10,545,000.
What are key features of this property?
This property features: 48‑unit Beaux‑Arts apartment building built in 1929; Unit mix of studios and one‑bedroom apartments; Average unit size of approximately 500 SF
